# AdaptHealth Corp.: overview

AHCO · Nasdaq · CIK 1725255 · [Healthcare](/sectors/healthcare.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ahco.md) · [Financials](/companies/ahco/financials.md) · [Filings](/companies/ahco/filings.md) · [Insiders](/companies/ahco/insiders.md)

Latest reported revenue: [$740.3m](/filings/0001628280-26-052646.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-052646).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [806](/filings/0001628280-25-048944.md) | [857 d](/filings/0001628280-26-011213.md) | [778](/filings/0001628280-26-030602.md) | [657](/filings/0001628280-26-052646.md) | [820](/filings/0001628280-25-048944.md) | [846 d](/filings/0001628280-26-011213.md) | [820](/filings/0001628280-26-030602.md) | [740](/filings/0001628280-26-052646.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [7.9%](/filings/0001628280-25-048944.md) | [11.4% d](/filings/0001628280-26-011213.md) | [3.0%](/filings/0001628280-26-030602.md) | [10.0%](/filings/0001628280-26-052646.md) | [7.5%](/filings/0001628280-25-048944.md) | [(8.7%) d](/filings/0001628280-26-011213.md) | [0.7%](/filings/0001628280-26-030602.md) | [(18.6%)](/filings/0001628280-26-052646.md) |
| Net margin | % | [2.8%](/filings/0001628280-25-048944.md) | [5.9% d](/filings/0001628280-26-011213.md) | [(0.9%)](/filings/0001628280-26-030602.md) | [2.2%](/filings/0001628280-26-052646.md) | [3.0%](/filings/0001628280-25-048944.md) | [(12.1%) d](/filings/0001628280-26-011213.md) | [(2.0%)](/filings/0001628280-26-030602.md) | [(18.1%)](/filings/0001628280-26-052646.md) |
| Diluted EPS | $ per share | [0.15](/filings/0001628280-25-048944.md) | not reported | [(0.05)](/filings/0001628280-26-030602.md) | [0.10](/filings/0001628280-26-052646.md) | [0.16](/filings/0001628280-25-048944.md) | not reported | [(0.12)](/filings/0001628280-26-030602.md) | [(0.99)](/filings/0001628280-26-052646.md) |
| Free cash flow | $m | [84.8 d](/filings/0001628280-25-048944.md) | [73.1 d](/filings/0001628280-26-011213.md) | [(0.1)](/filings/0001628280-26-030602.md) | [73.3 d](/filings/0001628280-26-052646.md) | [66.8 d](/filings/0001628280-25-048944.md) | [79.3 d](/filings/0001628280-26-011213.md) | [(27.5)](/filings/0001628280-26-030602.md) | [(20.9) d](/filings/0001628280-26-052646.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,455](/filings/0001628280-24-007254.md) | [2,971](/filings/0001628280-25-007740.md) | [3,200](/filings/0001628280-26-011213.md) | [3,261](/filings/0001628280-26-011213.md) | [3,245](/filings/0001628280-26-011213.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [9.2%](/filings/0001628280-24-007254.md) | [6.4%](/filings/0001628280-25-007740.md) | [(18.7%)](/filings/0001628280-26-011213.md) | [8.1%](/filings/0001628280-26-011213.md) | [2.8%](/filings/0001628280-26-011213.md) |
| Net margin | % | [6.4%](/filings/0001628280-24-007254.md) | [2.3%](/filings/0001628280-25-007740.md) | [(21.2%)](/filings/0001628280-26-011213.md) | [2.8%](/filings/0001628280-26-011213.md) | [(2.2%)](/filings/0001628280-26-011213.md) |
| Diluted EPS | $ per share | [0.67](/filings/0001628280-24-007254.md) | [0.33](/filings/0001628280-25-007740.md) | [(5.31)](/filings/0001628280-26-011213.md) | [0.61](/filings/0001628280-26-011213.md) | [(0.52)](/filings/0001628280-26-011213.md) |
| Free cash flow | $m | [72.4](/filings/0001628280-24-007254.md) | [(17.6)](/filings/0001628280-25-007740.md) | [143](/filings/0001628280-26-011213.md) | [236](/filings/0001628280-26-011213.md) | [219](/filings/0001628280-26-011213.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ahco/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [OEP CAPITAL ADVISORS, L.P.](/funds/1817681.md) | 2026-06-30 | $170.0m | 16,312,698 |  | Unchanged |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $167.4m | 16,061,990 |  | Added +122,037 |
| [DEERFIELD MANAGEMENT COMPANY, L.P.](/funds/1009258.md) | 2026-06-30 | $119.6m | 11,477,730 |  | Unchanged |
| [SkyKnight Capital, L.P.](/funds/1842707.md) | 2026-06-30 | $89.4m | 8,580,443 |  | Unchanged |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $82.1m | 7,882,906 |  | Reduced −171,785 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $79.9m | 7,670,019 |  | Added +749,046 |
| [REINHART PARTNERS, LLC.](/funds/1080298.md) | 2026-06-30 | $77.3m | 7,415,537 |  | Reduced −2,666,446 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $67.0m | 6,426,008 |  | Added +320,148 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $50.5m | 4,843,543 |  | Added +345,525 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $48.2m | 4,634,476 |  | Added +335,328 |

## Recent filings

[All 728 filings](/companies/ahco/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-08 | 20:16 ET | [8-K](/filings/0001104659-26-105912.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-105912 |
| 2026-08-04 | 20:36 ET | [10-Q](/filings/0001628280-26-052646.md) | Quarterly report, period 2026-06-30 | 0001628280-26-052646 |
| 2026-08-04 | 11:09 ET | [8-K](/filings/0001628280-26-052149.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-052149 |
| 2026-07-20 | 20:35 ET | [8-K](/filings/0001104659-26-085086.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001104659-26-085086 |
| 2026-07-07 | 20:45 ET | [8-K](/filings/0001104659-26-081305.md) | 7.01 Regulation FD disclosure | 0001104659-26-081305 |
| 2026-07-02 | 20:01 ET | [8-K](/filings/0001104659-26-080297.md) | 1.05 Material cybersecurity incident | 0001104659-26-080297 |
| 2026-06-22 | 20:16 ET | [8-K](/filings/0001104659-26-076390.md) | 5.07 Shareholder vote results | 0001104659-26-076390 |
| 2026-06-02 | 01:02 ET | [8-K/A](/filings/0001104659-26-069119.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001104659-26-069119 |
| 2026-05-05 | 20:21 ET | [10-Q](/filings/0001628280-26-030602.md) | Quarterly report, period 2026-03-31 | 0001628280-26-030602 |
| 2026-05-05 | 11:07 ET | [8-K](/filings/0001628280-26-030120.md) | 2.02 Results of operations; 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001628280-26-030120 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-011213.md), filed Feb 24, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/3dae825e-7a8d-4e14-8f45-a5c163f7d259)

## About the filer

- CIK: 1725255
- Tickers: AHCO
- Exchange: Nasdaq
- SIC code: 8082 Services-Home Health Care Services
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:46 ET. No prices; not investment advice.