SGRY Q2 2024 Earnings — Surgery Partners, Inc. Revenue & Financial Results | Market Cap Arena

SGRYSurgery Partners, Inc.

$2B

Q2 2024 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$762M+14.2% YoY

Gross Profit

$179M23.5% margin

Operating Income

$85M11.1% margin

Net Income

-$16M-2.0% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

+6.2%

Cash Flow

Operating Cash Flow

$83M

Free Cash Flow

$56M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.5B

Total Liabilities

$3.9B

Stockholders' Equity

$2.0B

Cash & Equivalents

$214M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$762M	$668M	+14.2%
Gross Profit	$179M	$154M	+16.3%
Operating Income	$85M	$98M	-13.1%
Net Income	-$16M	$19M	-182.0%

Revenue Segments

Healthcare Organization, Patient Service

$748M50%

Private Insurance

$398M26%

Government Revenue

$310M21%

Self-Pay Revenue

$21M1%

Other Patient Service Revenue Sources

$19M1%

Other Services

$14M1%