Option Care reports ‘mixed’ Q1
By HME News Staff
Updated 10:17 AM CDT, Thu April 30, 2026
BANNOCKBURN, Ill. – Option Care Health reported net revenue of $1.350 billion for the first quarter ended March 31, 2026, an increase of 1.3% over the same quarter in 2025.
The company also reported:
- GAAP Net income of $45.3 million, down 3.0%
- GAAP diluted earnings per share of $0.29, up 3.6%
- Adjusted EBITDA of $104.8 million, down 6.3%
- Adjusted diluted earnings per share of $0.40, flat to the first quarter of 2025
- Cash used in operating activities of $12.1 million
- Repurchased $17.5 million of stock in the quarter
- Revolving credit facility expanded from $400 million to $850 million
“The first quarter reflected a mixed performance for our business, and we are not satisfied with our revenue growth momentum,” said John Rademacher, president & CEO. “Our team continues to provide high‑quality care for patients and deepen relationships with key stakeholders and our foundation remains strong. We are an execution-driven organization and are taking decisive actions to re-accelerate our growth trajectory and position us for greater long‑term value creation.”
Updated full year 2026 financial guidance
- Net revenue of $5.675 billion to $5.775 billion
- Adjusted diluted earnings per share of $1.82 to $1.92
- Adjusted EBITDA of $480 million to $505 million
- Cash provided by operating activities of at least $320 million
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