10-Q quarterly report · filed Nov 4, 2025

Addus HomeCare Corp (ADUS) Q3 2025 10-Q Quarterly Report

Short answer

Addus HomeCare Corp (ADUS) filed its Q3 2025 10-Q quarterly report on Nov 4, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $362M (up 25.0% year over year) with net income of $23M.

Q3 2025 key financials · XBRL

Revenue
$362M
+25.0% YoY · +3.7% QoQ
Net income
$23M
+13.3% YoY · +3.6% QoQ
Operating margin
9.1%
Gross margin
32.2%
EPS (diluted)
$1.24
+11.7% YoY · +3.3% QoQ

Source: XBRL data from the Addus HomeCare Corp (ADUS) Q3 2025 10-Q on SEC EDGAR. USD.

Addus HomeCare Corp Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New risk from CMS final rule May 2024 imposing 80/20 payment adequacy requirement for Medicaid by 2030, impacting compensation and overhead costs
  • Material update on Illinois reimbursement rates: rate increase to $29.63/hr effective Jan 1, 2025; $30.80/hr planned for Jan 1, 2026 pending federal approval
  • Regulatory risk from “One Big Beautiful Bill Act” July 2025 reducing federal Medicaid spending, affecting provider taxes and payments, phased implementation expected
  • Operational risk from tight labor market and inflation reducing caregiver availability, potentially limiting service delivery and growth
  • Financial risk: Increased interest expense $3.3M up 483% YoY due to revolving credit facility usage for $350.6M Gentiva Acquisition and $21.4M Helping Hands Acquisition

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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