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AdaptHealth Corp. (AHCO)

AdaptHealth Corp. brought in $3.4B of revenue over the twelve months to June 30, 2026, up 8.8% from a year earlier. It posted a net loss of $228.2M. Operating cash flow minus capital spending left $219.4M of free cash flow in fiscal 2025. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 4, 2026.

Price
$5.64
+1.26% on the day · September 25, 2026
52-week range $5.21 to $13.43
Market cap
$769M
Revenue (last 12 months)
$3.4B
+8.8% year on year
Net margin
-6.8%

What AdaptHealth Corp. does

AdaptHealth Corp. is registered with the SEC under industry code SIC 8082 (Services-Home Health Care Services). Its shares trade on NASDAQ under the ticker AHCO.

Revenue and profit by year

Revenue
FY18: $345.3M $345.3M FY18FY19: $529.6M $529.6M FY19FY20: $1.1B $1.1B FY20FY21: $2.5B $2.5B FY21FY22: $3B $3B FY22FY23: $3.2B $3.2B FY23FY24: $3.3B $3.3B FY24FY25: $3.2B $3.2B FY25
Net income
FY18: $23.3M $23.3M FY18FY19: -$21.3M -$21.3M FY19FY20: -$161.6M -$161.6M FY20FY21: $156.2M $156.2M FY21FY22: $69.3M $69.3M FY22FY23: -$678.9M -$678.9M FY23FY24: $90.4M $90.4M FY24FY25: -$70.8M -$70.8M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$3.2B$90.9M-$70.8M-$0.52$219.4M
2024$3.3B$263.7M$90.4M$0.61$235.8M
2023$3.2B-$598.4M-$678.9M-$5.31$143.2M
2022$3B$190.4M$69.3M$0.33-$17.6M
2021$2.5B$225.6M$156.2M$0.67$72.4M
2020$1.1B$71.3M-$161.6M-$3.08$155.9M

Full financial statements: income, balance sheet and cash flow

Next report expected around November 3, 2026.

Estimated from its filing rhythm: 52 weeks after its report of November 4, 2025. Not a date the company has announced. See the report calendar

Where AHCO ranks in Health care

Revenue$3.2B
#80 of 646 in Health care · Top 12%
Revenue growth-0.5%
#372 of 474 in Health care · Bottom 22%
Net margin-2.2%
#208 of 485 in Health care · Top 43%
Free cash flow margin6.8%
#147 of 440 in Health care · Top 33%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What AdaptHealth Corp. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 8, 2026
  2. August 4, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 13% to $740.3M versus the same quarter last year; diluted EPS -$0.99 versus $0.10.
  3. August 4, 2026
  4. July 20, 2026
  5. July 7, 2026
  6. July 2, 2026
  7. June 22, 2026
  8. June 2, 2026
  9. May 5, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue rose 5.4% to $819.8M versus the same quarter last year; diluted EPS -$0.12 versus -$0.05.
  10. May 5, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 11, 2026. Insider transactions on SEC

What is AHCO worth? A DCF from its reported cash flow

Insider trades

What the people running AdaptHealth Corp. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders bought $520.5K and sold $117.7K worth of shares in the last 90 days. All of the selling was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$520.5K
last 90 days
Sold
$117.7K
last 90 days
Net bought
72,225
$402.8K
DateInsiderWhatSharesPriceValueFiling
September 9, 2026 Currie Harriss TCHIEF FINANCIAL OFFICER Received as pay 141,372 - - Form 4
August 7, 2026 Wolf Dale BDirector Boughtindirect 20,000 $5.86 $117.2K Form 4
August 6, 2026 Wolf Dale BDirector Bought 20,000 $6.30 $126K Form 4
August 6, 2026 Wolf Dale BDirector Bought 20,000 $6.37 $127.4K Form 4
August 6, 2026 Samet Kenneth ADirector Bought 23,500 $6.38 $149.9K Form 4
July 1, 2026 Schuster III Russell E.Chief Commercial Officer Soldpre-planned (10b5-1) 11,275 $10.44 $117.7K Form 4
June 24, 2026 Connors Terence JDirector Received as pay 18,999 - - Form 4
June 24, 2026 Weaver Susan TDirector Received as pay 18,999 - - Form 4
June 24, 2026 Williams David Solomon IIIDirector Received as pay 18,999 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns AHCO

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
OEP AHCO Investment Holdings, LLC13D, may seek influence with 8 related filers 11.7% 15,864,871 March 12, 2026
Deerfield Management Company, L.P.13G, passive with 5 related filers 8.48% 23,863,685 November 13, 2025
Fmr LLC13G, passive with 1 related filers 5.6% 7,631,435 February 5, 2026
Reinhart Partners, LLC.13G, passive 5.4% 7,236,262 May 15, 2025
Dimensional Fund Advisors LP13G, passive 5.1% 6,920,973 April 9, 2026

Latest filings below 5%: The Vanguard Group 0% (March 26, 2026); Pacer US Small Cap Cash Cows ETF 0% (May 2, 2025).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 238 managers reported a position.

HolderSharesValueChange on quarter
Oep Capital Advisors, L.P.16,312,698$170M0
BlackRock, Inc.16,061,990$167.4M+122,037
Deerfield Management Company, L.P.11,477,730$119.6M0
SkyKnight Capital, L.P.8,580,443$89.4M0
Fmr LLC7,882,906$82.1M-171,785
Dimensional Fund Advisors LP7,670,019$79.9M+749,046
Reinhart Partners, LLC.7,415,537$77.3M-2,666,446
Vanguard Portfolio Management LLC6,426,008$67M+320,148
Vanguard Capital Management LLC4,843,543$50.5M+345,525
State Street Corp4,634,476$48.2M+335,328
Principal Financial Group Inc3,305,227$34.4M+520,911
Segall Bryant & Hamill, LLC3,219,417$33.5M-259,175
Geode Capital Management, LLC2,808,886$29.3M+127,951
Kennedy Capital Management LLC2,410,614$25.1M-59,153
Arrowstreet Capital, Limited Partnership2,075,423$21.6M+1,228,338
Ameriprise Financial Inc2,062,968$21.5M+495,422
Charles Schwab Investment Management Inc1,811,646$18.9M-271,283
Invesco Ltd.1,571,240$16.4M-68,642
Royal Bank of Canada1,355,676$14.1M-112,316
Northern Trust Corp1,324,721$13.8M+94,102

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

7 insiders reported holding 692,089 shares in total, about $3.9M at the last price.

HolderSharesAs of
Wolf Dale BDirector 177,23434,000 held indirectly August 7, 2026
Currie Harriss TCHIEF FINANCIAL OFFICER 141,372 September 9, 2026
Schuster III Russell E.Chief Commercial Officer 125,263 July 1, 2026
Connors Terence JDirector 95,262 June 24, 2026
Williams David Solomon IIIDirector 64,044 June 24, 2026
Samet Kenneth ADirector 48,569 August 6, 2026
Weaver Susan TDirector 40,345 June 24, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about AHCO

What does AdaptHealth Corp. do?

AdaptHealth Corp. is registered with the SEC under industry code SIC 8082 (Services-Home Health Care Services). Its shares trade on NASDAQ under the ticker AHCO.

Is AdaptHealth Corp. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $228.2M on revenue of $3.4B.

How much revenue does AdaptHealth Corp. make?

Over the twelve months to June 30, 2026 AdaptHealth Corp. reported revenue of $3.4B. That is 8.8% more than a year earlier.

When did AdaptHealth Corp. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 4, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 11, 2026.

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Where the numbers come from

Financial figures are the values AdaptHealth Corp. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.