NASDAQ:AHCO
AdaptHealth Corp.
AdaptHealth Corp.'s revenue fell 0.5% in fiscal 2025 to $3.2B while operating margin fell to 2.8%. Free cash flow was $219.4M, 6.8% of revenue.Summary generated from AdaptHealth Corp.'s SEC filings. Latest annual report filed Feb 24, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$3.2B
Revenue growth−0.5%
Revenue, 5-yr CAGR+25.2%
Gross margin18.8%
Operating margin2.8%
Net margin−2.2%
ROIC2.2%
Return on equity−4.6%
Debt / equity1.14
Free cash flow$219.4M
FCF margin6.8%
Share count change−0.3%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 2,455 | 2,971 | 3,200 | 3,261 | 3,245 |
| Operating income | 226 | 190 | −598 | 264 | 91 |
| Net income | 156 | 69 | −679 | 90 | −71 |
| Free cash flow | 72 | −18 | 143 | 236 | 219 |
Recent filings
- 4Insider transaction report
Sep 11, 2026 - 8-KDirector or officer change
Sep 8, 2026 - 4Insider transaction report
Aug 10, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 4, 2026 - 8-KResults of operations and financial condition
Aug 4, 2026 - 8-KEntry into a material agreement
Jul 20, 2026 - 8-KRegulation FD disclosure
Jul 7, 2026 - 8-KCurrent report
Jul 2, 2026