10-Q quarterly report · filed Aug 10, 2026

Ardent Health, Inc. (ARDT) Q2 2026 10-Q Quarterly Report

Short answer

Ardent Health, Inc. (ARDT) filed its Q2 2026 10-Q quarterly report on Aug 10, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $1.6B (down 1.4% year over year) with net income of $17M.

Q2 2026 key financials · XBRL

Revenue
$1.6B
−1.4% YoY · +1.3% QoQ
Net income
$17M
−76.8% YoY · −57.6% QoQ
EPS (diluted)
$0.12
−76.9% YoY · −57.1% QoQ

Source: XBRL data from the Ardent Health, Inc. (ARDT) Q2 2026 10-Q on SEC EDGAR. USD.

Ardent Health, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue decreased $23.0M, or 1.4% YoY, driven by lower revenue per adjusted admission
  • Adjusted admissions increased 2.5%, while admissions declined 1.0% and surgeries declined 2.9%
  • Revenue per adjusted admission decreased 3.9%, including a $57.8M decline in Medicaid supplemental payments
  • Medicaid supplemental-payment revenue decreased to $197.1M from $254.9M YoY
  • Near-term headwinds: OBBBA Medicaid reductions, expiring ACA subsidies, labor shortages, inflation, and reimbursement pressure

Risk Factors

  • No material changes to previously disclosed risk factors from the Annual Report
  • Regulatory and compliance risks remain those incorporated from the Annual Report
  • Operational and competitive risks remain unchanged from the Annual Report
  • Financial risks remain unchanged from the Annual Report
  • Stock repurchase authorization $33.7 million remaining as of June 30, 2026

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

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