10-Q quarterly report · filed May 5, 2026

AdaptHealth Corp. (AHCO) Q1 2026 10-Q Quarterly Report

Short answer

AdaptHealth Corp. (AHCO) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $820M (up 5.4% year over year) with net income of −$16M.

Q1 2026 key financials · XBRL

Revenue
$820M
+5.4% YoY
Net income
−$16M
−122.6% YoY
Operating margin
0.7%
EPS (diluted)
−$0.12
−140.0% YoY

Source: XBRL data from the AdaptHealth Corp. (AHCO) Q1 2026 10-Q on SEC EDGAR. USD.

AdaptHealth Corp. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $819.8M, up 5.4% YoY from $777.9M
  • Operating margin 0.7% vs 3.0%; Adjusted EBITDA margin 14.8% vs 16.4%
  • Sleep Health largest segment: revenue $358.5M, up 13.3%; Wellness at Home weakest: $141.0M, down 10.3%
  • Respiratory Health strongest EBITDA growth: $50.0M, up 10.0%; Wellness EBITDA $4.3M vs $12.4M
  • Inflationary costs, labor pressure, dispositions, and seasonal early-year demand headwinds; no updated guidance disclosed

Risk Factors

  • New regulatory risk: CMS announced a 6-month nationwide moratorium on Medicare enrollment for certain DMEPOS medical supply companies
  • Growth risk: Moratorium could block new locations, acquisitions, or ownership-change re-enrollments requiring new supplier enrollment
  • Compliance risk: Enhanced CMS screening may involve site visits, verification activities, audits, and enrollment denials
  • Operational risk: CMS extensions or expansion to additional supplier categories could delay growth initiatives and increase administrative burden

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

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