SGRY Q1 2024 Earnings — Surgery Partners, Inc. Revenue & Financial Results | Market Cap Arena

SGRYSurgery Partners, Inc.

$2B

Q1 2024 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$717M+7.7% YoY

Gross Profit

$155M21.6% margin

Operating Income

$76M10.6% margin

Net Income

-$12M-1.7% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

$41M

Free Cash Flow

$20M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$3.6B

Stockholders' Equity

$2.0B

Cash & Equivalents

$185M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$717M	$666M	+7.7%
Gross Profit	$155M	$134M	+15.9%
Operating Income	$76M	$46M	+63.8%
Net Income	-$12M	-$25M	+50.2%

Revenue Segments

Healthcare Organization, Patient Service

$705M50%

Private Insurance

$361M25%

Government Revenue

$304M21%

Other Patient Service Revenue Sources

$21M1%

Self-Pay Revenue

$20M1%

Other Services

$12M1%