USPH Q4 2025 Earnings — U.S. Physical Therapy, Inc. Revenue & Financial Results | Market Cap Arena

USPHU.S. Physical Therapy, Inc.

$1B

Q4 2025 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$203M+12.3% YoY

Gross Profit

$42M20.7% margin

Operating Income

$22M10.9% margin

Net Income

-$11M-5.2% margin

EPS (Diluted)

$-0.44

QoQ Revenue Growth

+23.6%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$21M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$434M

Stockholders' Equity

$476M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$203M	$180M	+12.3%
Gross Profit	$42M	$34M	+24.2%
Operating Income	$22M	$15M	+51.4%
Net Income	-$11M	$7M	-241.8%

Revenue Segments

Net Patient Revenues

$170M84%

Other Revenues Including Management Contract Revenues and Industrial Injury Prevention Services Revenues

$33M16%