The financials
BrightSpring Health Services, Inc. by the numbers
BrightSpring Health Services, Inc. (BTSG) reported revenue of $3.87B in Q2 2026 (quarter ended June 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 2026-Q1 was Medicare D at $1.07B, 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 | $1.07B | 30% |
| Commercial Insurance | $959M | 27% |
| Medicare C | $602M | 17% |
| Service | $442M | 12% |
| Medicaid | $309M | 8.5% |
| Medicare A | $138M | 3.8% |
| Private And Other | $69M | 1.9% |
| Medicare B | $20M | 0.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $3.61B (+8.4%)
Commercial Insurance grew +42% year on yearMedicare A -1.9% year on year
Segment Latestquarter on quarteryear on year
- Medicare D$1.07B$1.07BQoQ +1.5%year on year +18%+1.5%+18%
- Commercial Insurance$959.4M$959.4MQoQ +17%year on year +42%+17%+42%
- Medicare C$602.4M$602.4MQoQ +1.6%year on year +24%+1.6%+24%
- Service$442.4M$442.4MQoQ +20%year on year +28%+20%+28%
- Medicaid$308.6M$308.6MQoQ +7.4%year on year +30%+7.4%+30%
- Medicare A$137.7M$137.7MQoQ -3.7%year on year -1.9%-3.7%-1.9%
- Private And Other$68.8M$68.8MQoQ +43%year on year +13%+43%+13%
- Medicare B$20.3M$20.3MQoQ +8.6%year on year +4.1%+8.6%+4.1%
Health Information Services
Ranks #9 of 14 by Smart Score