TruBridge Inc Financials
This page shows TruBridge Inc (TBRG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
TruBridge Inc has an operating margin of 1.9%, meaning the company retains $2 of operating profit per $100 of revenue. This below-average margin results in a low score of 10/100, suggesting thin profitability after operating expenses. This is up from -13.7% the prior year.
TruBridge Inc's revenue grew a modest 2.0% year-over-year to $342.6M. This slow but positive growth earns a score of 34/100.
TruBridge Inc carries a low D/E ratio of 1.00, meaning only $1.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 74/100, indicating a strong balance sheet with room for future borrowing.
TruBridge Inc's current ratio of 1.70 indicates adequate short-term liquidity, earning a score of 48/100. The company can meet its near-term obligations, though with limited headroom.
TruBridge Inc has a free cash flow margin of 8.9%, earning a moderate score of 44/100. The company generates positive cash flow after capital investments, but with room for improvement.
TruBridge Inc scores 1.78, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
TruBridge Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, TruBridge Inc generates $-1.57 in operating cash flow ($32.1M OCF vs -$20.4M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
TruBridge Inc earns $0.4 in operating income for every $1 of interest expense ($6.6M vs $16.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
TruBridge Inc generated $342.6M in revenue in fiscal year 2024. This represents an increase of 2.0% from the prior year.
TruBridge Inc's EBITDA was $20.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 173.9% from the prior year.
TruBridge Inc generated $30.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 4176.6% from the prior year.
TruBridge Inc reported -$20.4M in net income in fiscal year 2024. This represents an increase of 57.8% from the prior year.
TruBridge Inc earned $-1.38 per diluted share (EPS) in fiscal year 2024. This represents an increase of 58.7% from the prior year.
TruBridge Inc held $12.3M in cash against $168.6M in long-term debt as of fiscal year 2024.
TruBridge Inc's gross margin was 50.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 3.2 percentage points from the prior year.
TruBridge Inc's operating margin was 1.9% in fiscal year 2024, reflecting core business profitability. This is up 15.7 percentage points from the prior year.
TruBridge Inc's net profit margin was -6.0% in fiscal year 2024, showing the share of revenue converted to profit. This is up 8.4 percentage points from the prior year.
TruBridge Inc invested $34.5M in research and development in fiscal year 2024. This represents a decrease of 7.5% from the prior year.
TruBridge Inc spent $404K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 84.3% from the prior year.
TruBridge Inc invested $1.6M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 374.9% from the prior year.
TBRG Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $86.1M+0.4% | $85.7M-1.7% | $87.2M+5.9% | $82.4M-0.4% | $82.7M-2.3% | $84.6M-1.9% | $86.2M+3.6% | $83.2M |
| Cost of Revenue | $42.0M+1.9% | $41.3M+4.4% | $39.5M-9.6% | $43.7M-0.4% | $43.9M-0.6% | $44.1M-0.1% | $44.2M-0.8% | $44.5M |
| Gross Profit | $44.1M-0.9% | $44.5M-6.8% | $47.7M+23.3% | $38.7M-0.4% | $38.8M-4.1% | $40.5M-3.7% | $42.1M+21.7% | $34.6M |
| R&D Expenses | $8.2M+0.7% | $8.1M-1.6% | $8.2M-20.3% | $10.3M+5.8% | $9.8M+11.5% | $8.8M+5.0% | $8.4M+7.9% | $7.7M |
| SG&A Expenses | $19.4M+7.4% | $18.1M-7.1% | $19.5M-10.2% | $21.7M+3.4% | $21.0M+10.0% | $19.1M+31.9% | $14.5M+8.0% | $13.4M |
| Operating Income | $4.1M+12.2% | $3.6M-55.6% | $8.2M+118.0% | -$45.3M-768.2% | -$5.2M-173.5% | -$1.9M-130.3% | $6.3M+47.6% | $4.3M |
| Interest Expense | $3.0M-2.0% | $3.1M-9.4% | $3.4M-23.5% | $4.4M+55.2% | $2.8M+10.1% | $2.6M-3.1% | $2.7M+11.2% | $2.4M |
| Income Tax | -$4.3M-125.8% | -$1.9M-142.2% | $4.5M+209.3% | -$4.1M+9.2% | -$4.5M-171.8% | -$1.7M-304.6% | $809K+217.4% | -$689K |
| Net Income | $5.6M+117.1% | $2.6M+462.1% | $459K+101.0% | -$45.1M-1166.7% | -$3.6M-25.6% | -$2.8M-192.0% | $3.1M+22.5% | $2.5M |
| EPS (Diluted) | $0.37+117.6% | $0.17+466.7% | $0.03+101.0% | $-3.11-1195.8% | $-0.24-20.0% | $-0.20-195.2% | $0.21+23.5% | $0.17 |
TBRG Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $399.4M+2.4% | $390.2M+0.3% | $388.8M-9.9% | $431.8M+0.5% | $429.5M-1.2% | $434.8M-0.5% | $436.8M+1.4% | $431.0M |
| Current Assets | $102.6M+13.6% | $90.3M+3.3% | $87.3M-19.7% | $108.8M+38.1% | $78.8M-4.4% | $82.5M+0.2% | $82.3M+10.4% | $74.6M |
| Cash & Equivalents | $19.9M+62.2% | $12.3M+21.3% | $10.1M+163.1% | $3.8M+161.2% | $1.5M-79.7% | $7.2M+6.3% | $6.8M-1.9% | $7.0M |
| Inventory | $351K-20.9% | $444K-25.4% | $595K+25.3% | $475K-49.5% | $941K-2.2% | $962K-18.6% | $1.2M+50.8% | $784K |
| Accounts Receivable | $56.8M+0.6% | $56.4M-0.3% | $56.6M+0.6% | $56.2M-4.7% | $59.0M+7.5% | $54.9M+0.3% | $54.7M+6.7% | $51.3M |
| Goodwill | $172.6M0.0% | $172.6M0.0% | $172.6M+0.4% | $171.9M-13.3% | $198.3M0.0% | $198.3M0.0% | $198.3M0.0% | $198.3M |
| Total Liabilities | $219.1M+1.0% | $217.0M-1.5% | $220.3M-11.1% | $247.8M+23.0% | $201.5M-1.3% | $204.2M+0.5% | $203.3M+2.0% | $199.3M |
| Current Liabilities | $53.7M+7.1% | $50.2M-2.9% | $51.7M+7.2% | $48.2M-12.0% | $54.8M+14.7% | $47.8M-2.8% | $49.1M+10.6% | $44.5M |
| Long-Term Debt | $161.4M-1.1% | $163.1M-1.1% | $164.9M-15.6% | $195.3M+40.7% | $138.7M-1.9% | $141.4M+4.3% | $135.6M-0.6% | $136.4M |
| Total Equity | $180.4M+4.1% | $173.2M+2.8% | $168.5M-8.4% | $184.0M-19.3% | $228.0M-1.1% | $230.6M-1.3% | $233.6M+0.8% | $231.7M |
| Retained Earnings | -$6.3M+47.0% | -$11.9M+17.8% | -$14.5M-364.1% | $5.5M-89.2% | $50.6M-6.6% | $54.2M-5.0% | $57.0M+5.7% | $53.9M |
TBRG Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $13.6M+55.2% | $8.8M+52.0% | $5.8M+147.0% | -$12.3M-491.8% | $3.1M+336.4% | $717K-92.4% | $9.5M+337.8% | $2.2M |
| Capital Expenditures | -$63K-111.6% | $544K+52.0% | $358K+2457.1% | $14K-94.6% | $260K+364.3% | $56K+250.0% | $16K-88.2% | $136K |
| Free Cash Flow | $13.5M+64.7% | $8.2M+52.0% | $5.4M+144.0% | -$12.3M-527.8% | $2.9M+334.0% | $661K-93.0% | $9.5M+366.3% | $2.0M |
| Investing Cash Flow | -$4.0M+15.7% | -$4.7M-111.8% | -$2.2M+94.7% | -$41.8M-585.4% | -$6.1M-2.2% | -$6.0M+4.5% | -$6.2M-45.1% | -$4.3M |
| Financing Cash Flow | -$2.0M-4.6% | -$1.9M+67.3% | -$5.7M-110.2% | $56.4M+2112.6% | -$2.8M-149.4% | $5.7M+269.1% | -$3.4M+48.0% | -$6.5M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $87K | $0-100.0% | $1.9M | $0-100.0% | $43K-10.4% | $48K-98.1% | $2.5M-32.4% | $3.7M |
TBRG Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.2%-0.7pp | 51.9%-2.8pp | 54.7%+7.7pp | 47.0%0.0pp | 47.0%-0.9pp | 47.9%-0.9pp | 48.8%+7.3pp | 41.5% |
| Operating Margin | 4.7%+0.5pp | 4.2%-5.1pp | 9.4%+64.3pp | -54.9%-48.6pp | -6.3%-4.0pp | -2.3%-9.6pp | 7.3%+2.2pp | 5.1% |
| Net Margin | 6.5%+3.5pp | 3.0%+2.5pp | 0.5%+55.3pp | -54.8%-50.4pp | -4.3%-1.0pp | -3.4%-6.9pp | 3.6%+0.6pp | 3.0% |
| Return on Equity | 3.1%+1.6pp | 1.5%+1.2pp | 0.3% | N/A | N/A | N/A | 1.3%+0.2pp | 1.1% |
| Return on Assets | 1.4%+0.7pp | 0.7%+0.5pp | 0.1%+10.6pp | -10.4%-9.6pp | -0.8%-0.2pp | -0.7%-1.4pp | 0.7%+0.1pp | 0.6% |
| Current Ratio | 1.91+0.1 | 1.80+0.1 | 1.69-0.6 | 2.26+0.8 | 1.44-0.3 | 1.73+0.1 | 1.670.0 | 1.68 |
| Debt-to-Equity | 0.89-0.0 | 0.94-0.0 | 0.98-0.1 | 1.06+0.5 | 0.610.0 | 0.61+0.0 | 0.580.0 | 0.59 |
| FCF Margin | 15.7%+6.1pp | 9.6%+3.4pp | 6.2%+21.1pp | -14.9%-18.4pp | 3.5%+2.7pp | 0.8%-10.2pp | 11.0%+8.5pp | 2.4% |
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Frequently Asked Questions
What is TruBridge Inc's annual revenue?
TruBridge Inc (TBRG) reported $342.6M in total revenue for fiscal year 2024. This represents a 2.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is TruBridge Inc's revenue growing?
TruBridge Inc (TBRG) revenue grew by 2% year-over-year, from $336.0M to $342.6M in fiscal year 2024.
Is TruBridge Inc profitable?
No, TruBridge Inc (TBRG) reported a net income of -$20.4M in fiscal year 2024, with a net profit margin of -6.0%.
What is TruBridge Inc's earnings per share (EPS)?
TruBridge Inc (TBRG) reported diluted earnings per share of $-1.38 for fiscal year 2024. This represents a 58.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is TruBridge Inc's EBITDA?
TruBridge Inc (TBRG) had EBITDA of $20.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does TruBridge Inc have?
As of fiscal year 2024, TruBridge Inc (TBRG) had $12.3M in cash and equivalents against $168.6M in long-term debt.
What is TruBridge Inc's gross margin?
TruBridge Inc (TBRG) had a gross margin of 50.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is TruBridge Inc's operating margin?
TruBridge Inc (TBRG) had an operating margin of 1.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is TruBridge Inc's net profit margin?
TruBridge Inc (TBRG) had a net profit margin of -6.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is TruBridge Inc's free cash flow?
TruBridge Inc (TBRG) generated $30.5M in free cash flow during fiscal year 2024. This represents a 4176.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is TruBridge Inc's operating cash flow?
TruBridge Inc (TBRG) generated $32.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are TruBridge Inc's total assets?
TruBridge Inc (TBRG) had $394.4M in total assets as of fiscal year 2024, including both current and long-term assets.
What are TruBridge Inc's capital expenditures?
TruBridge Inc (TBRG) invested $1.6M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does TruBridge Inc spend on research and development?
TruBridge Inc (TBRG) invested $34.5M in research and development during fiscal year 2024.
Does TruBridge Inc buy back shares?
Yes, TruBridge Inc (TBRG) spent $404K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
What is TruBridge Inc's current ratio?
TruBridge Inc (TBRG) had a current ratio of 1.70 as of fiscal year 2024, which is generally considered healthy.
What is TruBridge Inc's debt-to-equity ratio?
TruBridge Inc (TBRG) had a debt-to-equity ratio of 1.00 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is TruBridge Inc's return on assets (ROA)?
TruBridge Inc (TBRG) had a return on assets of -5.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is TruBridge Inc's Altman Z-Score?
TruBridge Inc (TBRG) has an Altman Z-Score of 1.78, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is TruBridge Inc's Piotroski F-Score?
TruBridge Inc (TBRG) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are TruBridge Inc's earnings high quality?
TruBridge Inc (TBRG) has an earnings quality ratio of -1.57x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can TruBridge Inc cover its interest payments?
TruBridge Inc (TBRG) has an interest coverage ratio of 0.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is TruBridge Inc?
TruBridge Inc (TBRG) scores 42 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.