The financials
BrightSpring Health Services, Inc. by the numbers
BrightSpring Health Services, Inc. (BTSG) reported revenue of $3.87B in Q2 2026 (quarter ended Jun 30, 2026), up 23% from the same quarter a year earlier. That came with a gross margin of 13% and net income of $84M (2.2% of revenue). For the full year FY2025, revenue was $12.9B (+28% year on year) and net income $191M. Its largest product in Q2 2026 was Medicare D at $1.15B, 30% of the disclosed total, just ahead of Commercial Insurance at 27%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $3.87B | $3.15B | +23% |
| Gross profit | $493M | $375M | +31% |
| Operating income | $130M | $49M | +169% |
| Net income | $84M | $28M | +199% |
| Diluted EPS | $0.38 | $0.13 | +192% |
| Product | Revenue | Share |
|---|---|---|
| Medicare D | $1.15B | 30% |
| Commercial Insurance | $1.05B | 27% |
| Medicare C | $654M | 17% |
| Service | $466M | 12% |
| Medicaid | $339M | 8.8% |
| Medicare A | $136M | 3.5% |
| Private And Other | $56M | 1.4% |
| Medicare B | $18M | 0.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $3.87B (+7.2%)
Commercial Insurance grew +42% year on yearPrivate And Other -7.0% year on year
Segment Latestquarter on quarteryear on year
- Medicare D$1.15B$1.15BQoQ +7.1%year on year +14%+7.1%+14%
- Commercial Insurance$1.05B$1.05BQoQ +9.8%year on year +42%+9.8%+42%
- Medicare C$653.7M$653.7MQoQ +8.5%year on year +18%+8.5%+18%
- Service$466.0M$466.0MQoQ +5.3%year on year +30%+5.3%+30%
- Medicaid$339.3M$339.3MQoQ +9.9%year on year +27%+9.9%+27%
- Medicare A$136.3M$136.3MQoQ -1.0%year on year -1.9%-1.0%-1.9%
- Private And Other$56.1M$56.1MQoQ -18%year on year -7.0%-18%-7.0%
- Medicare B$18.3M$18.3MQoQ -9.9%year on year -2.1%-9.9%-2.1%
Health Information Services
Ranks #4 of 13 by Smart Score