BrightSpring Health Services, Inc.BTSGEarnings & Financial Report
Cardinal Health, Inc. is an American multinational health care services company, and the 15th highest revenue generating company in the United States. Headquartered in Dublin, Ohio, the company specializes in the distribution of pharmaceuticals and medical products, serving more than 100,000 locations. The company also manufactures medical and surgical product, including gloves, surgical apparel, and fluid management products. In addition, it operates one of the largest networks of radiopharm...
Revenue
$2.9B
Gross Profit
$408.1M
Operating Profit
$56.8M
Net Profit
$-8.2M
Gross Margin
14.0%
Operating Margin
2.0%
Net Margin
-0.3%
YoY Growth
28.8%
EPS
$-0.04
BrightSpring Health Services, Inc. Q3 FY2024 Financial Summary
BrightSpring Health Services, Inc. reported revenue of $2.9B (up 28.8% YoY) for Q3 FY2024, with a net profit of $-8.2M (up 93.7% YoY) (-0.3% margin). Cost of goods sold was $2.5B, operating expenses totaled $351.3M.
Key Financial Metrics
| Total Revenue | $2.9B |
|---|---|
| Net Profit | $-8.2M |
| Gross Margin | 14.0% |
| Operating Margin | 2.0% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
BrightSpring Health Services, Inc. Q3 FY2024 revenue of $2.9B breaks down across 10 segments, led by Medicare D at $826.2M (28.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Medicare D | $826.2M | 28.4% |
| Provider Services | $641.1M | 22.1% |
| Commercial Insurance | $619.1M | 21.3% |
| Medicare C | $406.1M | 14.0% |
| Medicaid | $213.9M | 7.4% |
| Medicare A | $141.9M | 4.9% |
| Private And Other | $41.7M | 1.4% |
| Two Thousand Twenty Three Acquisition | $30.5M | 1.0% |
| Pharmacy Solutions And Provider Services Segments | $21.8M | 0.7% |
| Medicare B | $16.8M | 0.6% |
BrightSpring Health Services, Inc. Revenue by Segment — Quarterly Trend
BrightSpring Health Services, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Medicare D and Provider Services) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Medicare D | $1.1B | $1.1B | $1.0B | — |
| Provider Services | $394.2M | $367.1M | $357.6M | $345.9M |
| Commercial Insurance | $879.8M | $818.3M | — | $674.5M |
| Medicare C | $641.2M | $593.0M | $555.6M | $487.7M |
| Medicaid | $301.4M | $287.4M | $266.2M | $238.2M |
BrightSpring Health Services, Inc. Annual Revenue by Year
BrightSpring Health Services, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $12.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $12.9B |
| 2024 | $11.3B |
BrightSpring Health Services, Inc. Quarterly Revenue & Net Profit History
BrightSpring Health Services, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $3.6B | +16.3% | $77.1M | 2.2% |
| Q3 FY2025 | $3.3B | +14.7% | $55.8M | 1.7% |
| Q2 FY2025 | $3.1B | +15.3% | $28.2M | 0.9% |
| Q1 FY2025 | $2.9B | +11.7% | $29.5M | 1.0% |
| Q4 FY2024 | $3.1B | +28.6% | $16.0M | 0.5% |
| Q3 FY2024 | $2.9B | +28.8% | $-8.2M | -0.3% |
| Q2 FY2024 | $2.7B | +26.0% | $19.9M | 0.7% |
| Q1 FY2024 | $2.6B | +27.0% | $-45.8M | -1.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.58B | $2.73B | $2.91B | $3.05B | $2.88B | $3.15B | $3.33B | $3.55B |
| YoY Growth | 27.0% | 26.0% | 28.8% | 28.6% | 11.7% | 15.3% | 14.7% | 16.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.66B | $5.61B | $5.79B | $5.93B | $5.85B | $5.94B | $6.05B | $6.41B |
| Liabilities | $4.08B | $4.00B | $4.17B | $4.27B | $4.16B | $4.20B | $4.23B | $4.53B |
| Equity | $1.57B | $1.60B | $1.61B | $1.65B | $1.69B | $1.74B | $1.82B | $1.88B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-78.9M | $-15.2M | $27.2M | $90.6M | $101.6M | $49.1M | $107.9M | $231.6M |