Here are the 10-Q quarterly reports from BrightSpring Health Services, Inc. Tangible Equity Unit (BTSGU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BTSGU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BTSGU filings page.
BrightSpring Health Services, Inc. (BTSG) reported third-quarter revenue of $4,213.2 million, compared with $3,334.1 million in the prior-year quarter. Net income attributable to BrightSpring was $100.1 million versus $55.8 million, and operating income was $160.5 million versus $87.8 million. For the first nine months of 2026, net cash provided by operating activities was $371.2 million, compared with $258.6 million in the same 2025 period.
The company completed the sale of its Community Living business on March 30, 2026, receiving $810.9 million in cash proceeds and recording a $101.8 million pre-tax gain. On May 28, 2026, it used $300.0 million of sale proceeds to repay Tranche B-5 debt and refinanced the remaining balance through a new Tranche B-6 loan; total debt was $2,237.6 million as of September 30, 2026. The company also repurchased $120.0 million of common stock during the first nine months. In the Amedisys and LHC Branches acquisition, branches in 17 states had been acquired; closing of the remaining three branches was expected in fiscal 2026, subject to customary regulatory approvals and other closing conditions.
BrightSpring Health Services delivered stronger results for the quarter and six months ended June 30, 2026. For the quarter, total revenues were 3,873,140 and net income was 84,209, up from 3,147,698 and 27,542 a year earlier, with diluted EPS of 0.38 versus 0.13. For the first half of 2026, revenues reached 7,486,861 and net income was 232,819, compared with 6,025,827 and 56,552 in the prior-year period; income from continuing operations rose to 160,887 from 17,757.
From continuing operations, operating income for the first half increased to 251,840 from 99,296, while operating cash flow was 166,859. BrightSpring completed the sale of its Community Living business for cash proceeds of 810,908, generating a pre-tax gain of 101,868 and using 300,000 of proceeds to pay down its term loan before refinancing into a lower-margin Tranche B-6 facility. At June 30, 2026, the company held 550,381 in cash and had total debt, net of issuance costs, of 2,190,760. Tangible Equity Units continued to amortize and 2,526,146 units were converted into common stock, while the company also repurchased 120,000 of common stock during the first half.