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AMN Healthcare Services Inc. (AMN)

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AMN Healthcare Services Inc. (AMN) reported revenue of $673 million for Q2 FY2026, the quarter ended 30 June 2026, up 2.3% on the same quarter a year earlier. Net income was $21 million, and diluted earnings per share $0.53. The figures are the company's own, from the 10-Q it filed with the SEC on 7 August 2026.

Revenue$673 millionup 2.3%
Net income$21 million
Diluted EPS$0.53
QuarterQ2 FY2026ended 30 June 2026

AMN Healthcare Services (AMN) in brief

AMN Healthcare Services (AMN) reported revenue of $2.7 billion for fiscal 2025, the year ended 31 December 2025, down 8.5% on the year before.
Read moreNet loss was $96 million and the diluted loss per share $2.48. Revenue was $3.0 billion in fiscal 2024, $3.8 billion in fiscal 2023, $5.2 billion in fiscal 2022 and $4.0 billion in fiscal 2021. Net income in the same years was a loss of $147 million, $211 million, $444 million and $327 million. Over the twelve months to 30 June 2026, AMN Healthcare Services reported revenue of $3.4 billion and net income of $105 million. Revenue grew 2.7% a year, compounded, over the five years to fiscal 2025. AMN Healthcare Services had 39 million shares outstanding at the latest filed count. At 30 June 2026 it carried $743 million of debt and $362 million of cash. At the close of 9 October 2026 the market cap of AMN Healthcare Services was $1.4 billion, 13.6 times its earnings over the last twelve months.

Ratios

From the filings

ROE14.2%
ROCE13.5%
Operating margin5.8%
Net margin3.1%
FCF margin12.8%
Interest cover5.61
Debt to equity1.00
Cash conversion4.49
Share count, 1 year1.1%
Sales CAGR, 3 years-19.5%
Profit CAGR, 3 yearsn/a
EPS, TTM$2.69

At the close of 9 October 2026

Price$36.53
Market cap$1.4 billion
Stock P/E13.58
Price to book1.91
EV / EBITDA5.25
Dividend yieldn/a
Market cap / sales0.41
52-week high$36.87
52-week low$15.10
Price, 1 year93.1%
Price CAGR, 3 years-23.1%
Price CAGR, 5 years-21.1%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowings AMN Healthcare Services Inc. reports under its own heading, which is the only one it files; lease liabilities are separate lines. Nothing here is a valuation or a view.
AMNgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on AMN

Filings16 in twelve months: 8 current reports (8-K), about 2 officer or director change; 1 shareholder vote; 1 regulation FD disclosure; 1 charter or bylaw amendment, or fiscal year change; 1 results of operations
Planned insider sales1 Form 144 notice in twelve months, $114,111; latest 15 June 2026
Options tapeput/call 0.9 by open interest at the 9 October 2026 close; the straddle prices a 7.1% move to 16 October 2026
13F holders5 of the followed funds hold it; largest Two Sigma Investments; 7 Schedule 13D or 13G filings in twelve months
Insider trading2 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest3.6 million shares short, 5.76 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 1 earnings press release, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue8538188217416887356906586347481,378673
Cost of revenue5645575635114745164914624505531,010467
Gross profit290261258230213219198196184195369206
Gross margin34%32%31%31%31%30%29%30%29%26%27%31%
SG&A163185175149150159148155139152218147
Operating income86.934.239.937.722.3-20312.5-12447.68.111726.9
Operating margin10%4%5%5%3%-28%2%-19%8%1%9%4%
Interest expense11.520.216.615.714.423.112.311.49.612.36.77.0
Pre-tax income75.414.023.322.07.8-2260.2-13538.0-4.211019.9
Tax rate29%11%26%26%10%n/a697%n/a23%n/a44%-6%
Net income53.212.517.316.27.0-188-1.1-11629.3-7.762.221.2
Net margin6%2%2%2%1%-26%-0%-18%5%-1%5%3%
Diluted EPS$1.39$0.33$0.45$0.42$0.18-$4.90-$0.03-$3.02$0.76-$0.19$1.59$0.53
Operating cash flow172-41.181.499.566.772.892.778.522.775.6562-190
Capital expenditure29.929.918.127.319.316.210.09.87.97.97.28.5
Free cash flow142-71.063.272.247.456.682.768.714.867.6555-198
Buybacks0.00.00.00.00.00.0n/an/an/an/an/an/a
Shares outstanding38m38m38m38m38m38m38m38m38m38m39m39m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* 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 diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. 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.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023 †FY2024FY2025TTM
Revenue1,0361,4631,9021,9882,1362,2222,3943,9845,2433,7892,9842,7303,434
Cost of revenue7209941,2831,3441,4401,4791,6022,6753,5272,5402,0641,9562,480
Gross profit3164696206446967437921,3101,7171,250919774954
Gross margin30.5%32.1%32.6%32.4%32.6%33.5%33.1%32.9%32.7%33.0%30.8%28.3%27.8%
Selling, general and administrative232320398400452508550730937748632593657
Operating income67.9129192212203177149478647338-103-55.5200
Operating margin6.6%8.8%10.1%10.7%9.5%8.0%6.2%12.0%12.3%8.9%-3.4%-2.0%5.8%
Interest expense9.27.815.519.716.128.457.734.140.454.169.945.635.6
Pre-tax income58.712117619318714891.5444607284-173-101164
Income tax25.439.270.360.244.934.520.911716373.6-25.6-5.459.3
Effective tax rate43.4%32.4%39.9%31.2%24.1%23.2%22.8%26.3%26.8%25.9%n/an/a36.1%
Net income33.281.910613314211470.7327444211-147-95.7105
Net margin3.2%5.6%5.6%6.7%6.6%5.1%3.0%8.2%8.5%5.6%-4.9%-3.5%3.1%
Diluted EPS$0.69$1.68$2.15$2.68$2.91$2.40$1.48$6.81$9.90$5.36-$3.85-$2.48$2.69
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree 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. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2023FY2024FY2025Share
latest year
Nurse and Allied Solutions2,6251,8161,64760.3%
Physician and Leadership Solutions67072969625.5%
Technology and Workforce Solutions49543938714.2%
Nurse and Allied SolutionsPhysician and Leadership SolutionsTechnology and Workforce Solutions
3,789FY20232,984FY20242,730FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023 †FY2024FY2025TTM
Operating cash flow27.756.3134161227225257305654372320269471
Capital expenditure19.127.022.026.535.235.237.753.675.810480.935.631.6
Free cash flow8.529.3112134192190219252578268240234439
Free cash flow margin0.8%2.0%5.9%6.7%9.0%8.5%9.2%6.3%11.0%7.1%8.0%8.6%12.8%
Cash from investing-28.2-116-258-35.4-279-292-538-107-171-412-79.94.331.2
Cash from financing-2.156.2126-77.237.5137211-34.9-59210.7-259-296-184
Depreciation and amortisation16.021.029.632.341.258.594.2104137161174157142
Share-based compensation7.210.311.410.210.816.220.525.230.118.023.330.732.2
Buybacks0.00.013.320.267.018.70.02.75774250.00.0n/a
Diluted shares, weighted48m49m49m49m49m48m48m48m45m39m38m39m40m
Shares outstanding at period end47m48m48m47m47m47m47m47m42m38m38m38m39m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023 †FY2024FY2025TTM
Funded by
Shareholders' equity2573484495636397378201,1621,044831707642741
Debt1441813593204416178588428441,3051,056767743
Operating lease liabilitiesn/an/an/an/an/a91.277.813.49.437.635.730.127.1
Other liabilities2813523783724134875981,114992751618655853
Total liabilities and equity6828801,1871,2541,4931,9322,3543,1322,8882,9242,4162,0942,364
Owned
Fixed assets32.950.160.073.490.4105116127149191186136117
Goodwill1542053423414395968648929351,112897756759
Intangible assets153175246227326398565514477474381284250
Cash and equivalents13.19.610.615.113.983.029.218164.532.910.634.0362
Receivables186278342350366353376789676623438383383
Other assets143163187247258397403628587491502502493
Total assets6828801,1871,2541,4931,9322,3543,1322,8882,9242,4162,0942,364
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded6.4%2.7%-19.5%24.0%
Profit growth, compoundedn/an/an/an/a
Return on equity, average15.4%12.1%-3.5%-14.9%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was AMN Healthcare Services' revenue in fiscal 2025?

AMN Healthcare Services (AMN) reported revenue of $2.7 billion for fiscal 2025, the year ended 31 December 2025, down 8.5% on the year before.

How much did AMN Healthcare Services earn in fiscal 2025?

Net loss was $96 million for fiscal 2025, and the diluted loss per share $2.48.

What is AMN Healthcare Services' P/E ratio?

At the close of 9 October 2026, AMN Healthcare Services traded at 13.6 times its earnings over the twelve months to 30 June 2026.

What is AMN Healthcare Services' market cap?

The market cap of AMN Healthcare Services was $1.4 billion at the close of 9 October 2026.

How much debt does AMN Healthcare Services have?

At 30 June 2026 AMN Healthcare Services carried $743 million of debt and $362 million of cash.

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Pinterest, Inc. PINS$12.0 billion62.918.6%4.9%16.6%0.34n/a
Costar Group, Inc. CSGP$12.0 billion148.380.9%2.2%22.0%0.13n/a
Manhattan Associates Inc. MANH$12.0 billion58.76133.5%24.3%6.5%0.00n/a
Hubspot Inc. HUBS$11.3 billion80.678.9%3.8%21.1%0.00n/a
Bentley Systems Inc. BSY$11.2 billion38.4224.1%23.6%12.8%1.010.8%
Maplebear Inc. CART$11.1 billion25.9520.7%14.8%12.6%0.00n/a
Paycom Software, Inc. PAYC$10.3 billion24.6985.3%30.3%9.2%1.570.2%
Factset Research Systems Inc. FDS$10.3 billion18.9127.8%29.6%6.6%0.681.6%
Match Group, Inc. MTCH$9.4 billion14.52n/a28.2%1.7%n/a1.8%
Booz Allen Hamilton Holding Corp. BAH$8.9 billion11.6164.7%9.5%-7.3%3.273.0%
Tetra Tech Inc. TTEK$8.5 billion20.0923.5%12.1%-7.6%0.430.8%
Paylocity Holding Corp. PCTY$8.2 billion31.1122.1%21.8%11.0%0.07n/a
Dropbox, Inc. DBX$7.8 billion19.08n/a26.6%-0.0%n/an/a
Healthequity, Inc. HQY$7.7 billion33.4411.9%25.8%7.3%0.47n/a
Aecom ACM$7.6 billion27.1913.1%4.1%-4.2%1.212.0%
Duolingo, Inc. DUOL$7.5 billion17.6429.1%13.7%29.4%0.00n/a
Appfolio Inc. APPF$7.2 billion46.1829.9%17.5%20.7%0.00n/a
Etsy Inc. ETSY$7.1 billion42.85n/a16.0%0.7%n/an/a
UiPath, Inc. PATH$7.1 billion20.1218.6%8.9%15.0%0.00n/a
Qualys, Inc. QLYS$7.0 billion35.0236.7%34.4%10.4%0.00n/a
RingCentral, Inc. RNG$6.9 billion63.43n/a6.7%5.2%n/an/a
Commvault Systems Inc. CVLT$6.5 billion100.15131.2%6.1%15.5%16.94n/a
Bilibili Inc. BILI *$6.4 billion37.927.7%3.7%13.1%0.62n/a
Lyft, Inc. LYFT$6.1 billion2.3694.8%-1.8%10.8%0.35n/a
WEX Inc. WEX$5.9 billion17.1826.1%25.5%7.5%2.62n/a
Pegasystems Inc. PEGA$5.9 billion20.1557.8%9.9%3.6%0.000.3%
Epam Systems, Inc. EPAM$5.8 billion15.3411.4%10.0%10.8%0.01n/a
Genpact Ltd. G$5.8 billion10.2122.4%14.8%6.5%0.452.1%
ExlService Holdings, Inc. EXLS$5.6 billion23.1428.9%14.9%13.6%0.44n/a
Frontdoor, Inc. FTDR$5.5 billion21.2196.1%n/a9.2%4.08n/a
Doximity, Inc. DOCS$5.5 billion35.8718.2%29.6%11.2%0.00n/a
ACI Worldwide, Inc. ACIW$5.2 billion23.3515.1%18.6%7.0%0.550.0%
Remitly Global, Inc. RELY$5.1 billion17.3527.1%9.5%23.8%0.00n/a
BOX Inc. BOX$5.0 billion52.75n/a9.4%9.6%n/an/a
VSE Corp. VSEC$4.9 billionn/an/an/an/a0.320.2%
Amentum Holdings, Inc. AMTM$4.7 billion23.244.3%4.2%11.4%0.81n/a
Clear Secure, Inc. YOU$4.5 billion29.5271.7%25.1%19.8%0.00n/a
Sezzle Inc. SEZL$4.3 billion27.9669.3%40.4%43.1%0.52n/a
Wix.com Ltd. WIX *$4.2 billion87.09n/a0.1%13.2%n/an/a
Bill Holdings, Inc. BILL$4.1 billionn/a-0.3%-4.4%13.0%0.52n/a
FTI Consulting, Inc. FCN$3.8 billion16.4619.0%9.7%7.1%0.76n/a
monday.com Ltd. MNDY *$3.8 billionn/a9.5%-0.1%26.7%0.00n/a
Q2 Holdings, Inc. QTWO$3.7 billion41.8414.3%10.0%13.9%0.00n/a
Korn Ferry KFY$3.6 billion13.5214.0%12.9%6.9%0.202.8%
Life360, Inc. LIF$3.5 billion25.2324.0%1.1%34.0%0.51n/a
Robert Half Inc. RHI$3.5 billion29.509.5%n/a-4.9%0.007.0%
Exponent Inc. EXPO$3.3 billion31.3038.7%20.2%12.8%0.001.7%
First Advantage Corp. FA$3.3 billion136.001.9%10.7%32.9%1.577.9%
Maximus, Inc. MMS$3.1 billion8.7721.3%11.0%-3.3%0.942.0%
People Inc. PPLI$3.1 billionn/an/an/an/a0.27n/a
WillScot Holdings Corp. WSC$3.1 billionn/a-7.6%6.5%-2.5%3.800.0%
SPS Commerce Inc. SPSC$3.1 billion40.848.3%12.8%9.8%0.00n/a
ABM Industries Inc. ABM$2.9 billion17.919.3%3.5%6.0%0.972.1%
Teradata Corp. TDC$2.8 billion6.4477.2%7.5%1.0%0.00n/a
Alarm.com Holdings, Inc. ALRM$2.7 billion24.6413.6%12.8%8.7%0.570.0%
Five9, Inc. FIVN$2.7 billion52.757.6%4.7%8.9%0.94n/a
CarGurus, Inc. CARG$2.6 billion15.6966.6%n/a13.9%0.00n/a
ManpowerGroup Inc. MAN$2.5 billion24.004.9%1.5%6.7%0.272.7%
Payoneer Global Inc. PAYO$2.4 billion51.007.7%10.4%6.3%0.00n/a
LiveRamp Holdings, Inc. RAMP$2.3 billion15.3915.9%11.6%8.9%0.00n/a
PDF Solutions Inc. PDFS$2.3 billion217.602.8%8.2%23.0%0.18n/a
V2X, Inc. VVX$2.2 billion24.538.1%4.2%13.0%0.92n/a
Astrana Health, Inc. ASTH$2.1 billion45.834.9%2.6%58.9%1.06n/a
Neogenomics Inc. NEO$2.1 billionn/a-6.6%-8.9%11.2%0.48n/a
DoubleVerify Holdings, Inc. DV$2.1 billion37.475.4%12.7%7.6%0.00n/a
Blackbaud Inc. BLKB$2.1 billionn/an/a19.8%0.6%16.820.3%
DXC Technology Co. DXC$2.0 billion17.704.1%7.2%-2.4%0.986.8%
Western Union Co. WU$1.9 billion4.9743.2%15.9%-1.6%2.7415.4%
Insperity, Inc. NSP$1.9 billionn/a-26.2%-0.0%2.6%6.874.9%
Evertec, Inc. EVTC$1.8 billion19.2715.2%17.9%12.4%1.900.7%
Blackline, Inc. BL$1.7 billion52.3011.0%4.3%8.6%2.11n/a
Liquidity Services Inc. LQDT$1.6 billion42.3014.1%9.0%5.2%0.00n/a
Progress Software Corp. PRGS$1.6 billion18.1317.4%17.7%6.4%2.330.0%
Concentrix Corp. CNXC$1.6 billionn/a-135.2%-20.9%2.6%2.22n/a
Everforth Inc. EFOR$1.5 billion19.344.6%4.9%-1.0%0.80n/a
AMN Healthcare Services Inc. AMN$1.4 billion13.5814.2%5.8%24.0%1.00n/a
Certara, Inc. CERT$1.4 billionn/a-7.1%-0.2%0.7%0.30n/a
Arlo Technologies, Inc. ARLO$1.3 billion45.9319.3%2.7%15.6%0.00n/a
Sprinklr, Inc. CXM$1.3 billion55.104.5%5.3%6.3%0.00n/a
Prog Holdings, Inc. PRG$1.2 billionn/an/an/an/a1.101.7%
Donnelley Financial Solutions, Inc. DFIN$1.2 billion33.399.1%18.9%3.0%0.53n/a
ZoomInfo Technologies Inc. GTM$1.1 billionn/a-65.3%-35.2%2.7%1.53n/a
Upwork, Inc. UPWK$1.1 billion11.1816.7%15.1%1.9%0.59n/a
TripAdvisor, Inc. TRIP$1.0 billion867.000.8%2.7%-4.4%1.230.0%
Legalzoom.Com, Inc. LZ$1,000 million66.3313.3%4.1%12.3%0.00n/a
Healthstream Inc. HSTM$969 million46.045.9%8.0%8.8%0.000.4%
Upbound Group, Inc. UPBD$898 million9.9312.3%5.1%5.9%1.9410.1%
Quinstreet, Inc. QNST$888 million11.1525.1%2.7%18.3%0.22n/a
N-able, Inc. NABL$874 millionn/a-0.9%9.5%10.0%0.49n/a
Sabre Corp. SABR$765 millionn/an/an/an/an/a0.0%
ADT Inc. ADTn/an/a17.6%25.0%2.1%2.243.4%
4 companies share its SEC industry code (Services-Help Supply Services); the rest are the names nearest in size in its wider industry, Business Services, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20267 August 2026EDGAR
10-Q31 March 20268 May 2026EDGAR
10-K31 December 202520 February 2026EDGAR
10-Q30 September 20257 November 2025EDGAR
10-Q30 June 20258 August 2025EDGAR
10-Q31 March 20259 May 2025EDGAR
10-K31 December 202421 February 2025EDGAR
10-Q30 September 20248 November 2024EDGAR
10-Q30 June 20249 August 2024EDGAR
10-Q31 March 202410 May 2024EDGAR

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