The earnings beat was modest and no formal guidance was provided. Watch for management's tone on the conference call regarding organic growth sustainability and acquisition pipeline. The home health segment's continued decline is a risk to monitor.
Price Chart
Executive Summary
Addus HomeCare reported Q1 2026 revenue of $363.6M (+7.7% YoY) and GAAP EPS of $1.36 (+17.2% YoY), modestly beating consensus. The company also announced a small Indiana acquisition (HomeCourt Home Care, ~$9.7M annualized revenue). The results were solid but lacked explicit forward guidance, so the stock may trade flat to slightly positive.
Key Financial Metrics
Key Facts
- Q1 2026 net service revenue $363.6M, up 7.7% YoY from $337.7M
- GAAP net income $25.1M ($1.36 per diluted share) vs $21.2M ($1.16) YoY
- Adjusted net income per diluted share $1.62, up 14.1% YoY from $1.42
- Adjusted EBITDA $44.5M, up 9.7% YoY from $40.6M
- Operating cash flow $52.4M vs $18.9M in Q1 2025
- Personal care organic revenue growth 6.5%; hospice organic growth 7.7%; home health revenue declined 6.6%
- Acquired HomeCourt Home Care (Indiana) on May 1, 2026, with ~$9.7M annualized revenues
- Entered definitive agreement for another Indiana acquisition of similar size
Financial Impact
Revenue grew $25.9M YoY; EPS beat consensus by $0.03 (2.3%); adjusted EPS grew $0.20 YoY
Risk Factors
- Home health segment revenue declined 6.6% YoY, continuing a multi-quarter trend
- No explicit forward guidance provided; reliance on qualitative commentary
- Integration of small acquisitions may not materially move the needle
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-014653 |
| Document: adus20260504_8k.htm | 0001437749-26-014653 |
| Document: 0001437749-26-014653-index-headers.html | 0001437749-26-014653 |
| Document: 0001437749-26-014653-index.html | 0001437749-26-014653 |
| Document: 0001437749-26-014653.txt | 0001437749-26-014653 |
| 8-K Data (Synthetic) | 0001437749-26-014653 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 8, 2026 7w ago | Institutional Cluster | $119.34 $119.32 | ▼ −0.02% | ▲ +0.90% | $111.27 (−6.76%) |
Jun 11, 2026 16w ago | Institutional Cluster | $93.04 $109.72 | ▲ +17.93% | ▲ +16.04% | $111.27 (+19.59%) |
May 4, 2026 21w ago | 8-K | $98.44 $90.45 | ▼ −8.12% | ▼ −13.07% | $111.27 (+13.03%) |
Feb 25, 2026 31w ago | Insider Cluster | $107.60 $99.32 | ▲ +7.70% | ▲ +2.46% | $111.27 (−3.41%) |
Feb 23, 2026 31w ago | Insider Cluster | $117.63 $99.78 | ▼ −15.17% | ▼ −11.23% | $111.27 (−5.41%) |
Feb 23, 2026 31w ago | Insider Cluster | $117.63 $99.78 | ▲ +15.17% | ▲ +11.23% | $111.27 (+5.41%) |
Feb 23, 2026 31w ago | Insider Cluster | $117.63 $99.78 | ▼ −15.17% | ▼ −11.23% | $111.27 (−5.41%) |
US Market Status
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