Addus HomeCare (ADUS) Q3 FY2026 earnings: revenue $388 million, up 7.0% on the year

Addus HomeCare Corp. (ADUS) reported revenue of $388 million for Q3 FY2026, the quarter ended 30 September 2026, up 7.0% on the same quarter a year earlier. Net income was $29 million, up 25.1% on the year, and diluted earnings per share $1.54. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue

$388 million

+7.0% on the year · +2.7% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

10.3%

9.1% a year earlier

Q4 FY2024Q3 FY2026

Net income

$29 million

+25.1% on the year · +3.6% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$1.54

+24.2% on the year · +3.4% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 new.

Revenue and net income rose: Net service revenues were $387.7 million, up 7.0% from $362.3 million. Net income was $28.6 million, or $1.54 per diluted share, against $1.24 a year earlier.
Adjusted EPS and EBITDA grew: Adjusted diluted EPS was $1.83 against $1.56. Adjusted EBITDA rose 13.5% to $51.2 million from $45.1 million.
Personal care was 77.6% of revenue: Personal care revenue was $301.0 million against $275.8 million a year earlier. Organic revenue in the segment rose 6.9%.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	388	377	362	+2.7%	+7.0%
Cost of revenue	263	256	246	+2.9%	+7.2%
Gross profit	124	122	117	+2.3%	+6.6%
Gross margin	32.1%	32.2%	32.2%
Operating income	39.8	38.9	32.9	+2.2%	+20.9%
Operating margin	10.3%	10.3%	9.1%
Interest expense	1.3	1.7	3.3	-26.7%	-62.2%
Pre-tax income	39.1	37.8	30.4	+3.6%	+28.9%
Income tax	10.5	10.2	7.5	+3.6%	+40.5%
Effective tax rate	26.9%	26.9%	24.7%
Net income	28.6	27.6	22.8	+3.6%	+25.1%
Net margin	7.4%	7.3%	6.3%
Diluted EPS	$1.54	$1.49	$1.24	+3.4%	+24.2%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	40.9	40.0	51.3	+2.3%	-20.2%
Capital expenditure	2.1	1.3	1.9	+57.3%	+9.7%
Free cash flow	38.8	38.7	49.3	+0.4%	-21.4%
Free cash flow margin	10.0%	10.2%	13.6%
Cash from investing	-2.0	-13.5	-22.8
Cash from financing	-40.0	-30.0	-17.8
Depreciation and amortisation	4.1	4.1	4.4	+0.3%	-6.1%
Share-based compensation	3.0	4.4	4.3	-31.5%	-29.8%
Diluted shares, weighted	19m	18m	18m	+0.6%	+1.0%
Shares outstanding at period end	19m	19m	18m	-0.2%	+0.8%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	1,180	1,148	1,050	+2.8%	+12.4%
Debt	21.9	61.6	151	-64.4%	-85.4%
Operating lease liabilities	32.6	34.2	38.8	-4.4%	-15.9%
Other liabilities	216	213	184	+1.5%	+17.6%
Total liabilities and equity	1,450	1,456	1,423	-0.4%	+1.9%
Fixed assets	23.7	23.9	24.4	-0.5%	-2.9%
Goodwill	1,008	1,008	989	0.0%	+2.0%
Intangible assets	97.5	99.4	104	-1.9%	-6.6%
Cash and equivalents	98.5	99.6	102	-1.1%	-3.4%
Receivables	161	145	134	+10.8%	+20.0%
Other assets	61.6	80.5	69.6	-23.5%	-11.5%
Total assets	1,450	1,456	1,423	-0.4%	+1.9%

Questions

What was Addus HomeCare's revenue in Q3 FY2026?

Addus HomeCare (ADUS) reported revenue of $388 million for Q3 FY2026, the quarter ended 30 September 2026, up 7.0% on the same quarter a year earlier.

How much did Addus HomeCare earn in Q3 FY2026?

Net income for Q3 FY2026 was $29 million, up 25.1% on the year, and diluted earnings per share $1.54.

When did Addus HomeCare report Q3 FY2026 results?

Addus HomeCare filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	225	227	237	240	247	252	260	271	276	281	287	290	297	338	349	362	373	364	377	388
Cost of revenue	152	156	161	165	168	173	178	184	184	193	194	198	196	230	236	246	249	248	256	263
Gross profit	72.8	70.2	75.6	75.2	78.8	78.4	82.3	86.7	92.4	88.2	93.2	92.2	101	108	114	117	124	116	122	124
Gross margin	32%	31%	32%	31%	32%	31%	32%	32%	33%	31%	32%	32%	34%	32%	33%	32%	33%	32%	32%	32%
Operating income	19.4	13.5	16.9	17.5	20.8	18.6	21.5	22.8	28.0	23.6	26.2	26.0	26.9	30.5	32.9	32.9	42.3	34.1	38.9	39.8
Operating margin	9%	6%	7%	7%	8%	7%	8%	8%	10%	8%	9%	9%	9%	9%	9%	9%	11%	9%	10%	10%
Interest expense	1.7	1.8	2.0	2.5	2.6	2.5	2.3	3.2	3.1	2.8	2.1	0.6	2.3	4.0	3.5	3.3	2.7	2.2	1.7	1.3
Pre-tax income	17.8	11.8	15.0	15.1	18.3	16.3	19.5	20.2	25.4	21.3	24.5	27.3	26.2	27.0	29.9	30.4	40.1	32.4	37.8	39.1
Tax rate	27%	28%	25%	24%	19%	22%	24%	24%	23%	26%	26%	26%	26%	21%	26%	25%	26%	23%	27%	27%
Net income	13.1	8.5	11.2	11.5	14.8	12.7	14.9	15.4	19.6	15.8	18.1	20.2	19.5	21.2	22.1	22.8	29.8	25.1	27.6	28.6
Net margin	6%	4%	5%	5%	6%	5%	6%	6%	7%	6%	6%	7%	7%	6%	6%	6%	8%	7%	7%	7%
Diluted EPS	$0.82	$0.53	$0.70	$0.71	$0.90	$0.78	$0.91	$0.95	$1.20	$0.97	$1.10	$1.10	$1.06	$1.16	$1.20	$1.24	$1.61	$1.36	$1.49	$1.54
Operating cash flow	25.2	6.0	56.5	18.3	24.3	18.8	41.6	21.8	30.0	38.7	18.8	48.5	10.4	18.9	22.5	51.3	18.8	52.4	40.0	40.9
Capital expenditure	1.4	1.1	0.4	1.3	5.4	0.8	1.0	2.4	5.3	1.4	1.1	1.9	1.7	1.9	1.3	1.9	2.7	1.7	1.3	2.1
Free cash flow	23.8	4.9	56.1	17.0	18.9	18.0	40.6	19.4	24.7	37.3	17.7	46.6	8.7	17.1	21.3	49.3	16.1	50.7	38.7	38.8
Shares outstanding	16m	16m	16m	16m	16m	16m	16m	16m	16m	16m	18m	18m	18m	18m	18m	18m	19m	19m	19m	19m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.