SGRY Q1 2023 Earnings — Surgery Partners, Inc. Revenue & Financial Results | Market Cap Arena

SGRYSurgery Partners, Inc.

$2B

Q1 2023 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$666M+11.7% YoY

Gross Profit

$134M20.1% margin

Operating Income

$46M7.0% margin

Net Income

-$25M-3.7% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-5.8%

Cash Flow

Operating Cash Flow

$75M

Free Cash Flow

$50M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$6.6B

Total Liabilities

$3.4B

Stockholders' Equity

$2.0B

Cash & Equivalents

$246M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$666M	$596M	+11.7%
Gross Profit	$134M	$125M	+7.4%
Operating Income	$46M	$100M	-53.8%
Net Income	-$25M	$12M	-304.1%

Revenue Segments

Healthcare Organization, Patient Service

$656M50%

Private Insurance

$336M25%

Government Contract

$288M22%

Other Patient Service Revenue Sources

$17M1%

Self-Pay Revenue

$16M1%

Other Services

$10M1%