RadNet (RDNT) Q3 FY2026 earnings: revenue $638 million, up 22.1% on the year
RadNet, Inc. (RDNT) reported revenue of $638 million for Q3 FY2026, the quarter ended 30 September 2026, up 22.1% on the same quarter a year earlier. Net income was $4 million, down 23.3% on the year, and diluted earnings per share $0.05. The figures are the company's own, from the 10-Q it filed with the SEC on 9 November 2026.
Revenue
$638 million
+22.1% on the year · +2.5% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
4.7%
5.2% a year earlier
Q4 FY2024Q3 FY2026
Net income
$4 million
-23.3% on the year · -44.8% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$0.05
-28.6% on the year · -50.0% on the quarter
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 6 raised, 5 kept.
Record quarterly revenue and Adjusted EBITDA: Total Company Revenue rose 22.1% to $638.3 million and Adjusted EBITDA rose 23.8% to $105.0 million. Management described both as records for the quarter.
Digital Health revenue up, earnings down: Digital Health revenue rose 32.6% to $32.9 million including intersegment revenue, while segment Adjusted EBITDA fell to $3.0 million from $3.5 million.
Advanced imaging volume up 19.9%: Aggregate advanced imaging procedures rose 19.9% and same-center advanced imaging procedures rose 8.9%, compared with the third quarter of 2025.
$ million except per share. 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.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
90.6
94.1
52.8
-3.8%
+71.4%
Capital expenditure
55.5
56.3
60.4
-1.4%
-8.2%
Free cash flow
35.1
37.8
-7.6
-7.3%
Free cash flow margin
5.5%
6.1%
-1.5%
Cash from investing
-53.1
-63.6
-75.7
Cash from financing
-12.8
240
-5.3
Depreciation and amortisation
47.0
45.5
39.8
+3.3%
+18.1%
Share-based compensation
10.0
10.5
9.0
-5.0%
+10.8%
Diluted shares, weighted
79m
79m
77m
+0.6%
+2.3%
Shares outstanding at period end
79m
79m
77m
+0.2%
+2.3%
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
Last 8 quarters
Shareholders' equity
1,121
1,096
1,059
+2.3%
+5.9%
Non-controlling interest
316
298
255
+5.9%
+23.6%
Debt
1,325
1,333
1,096
-0.5%
+20.9%
Operating lease liabilities
773
776
691
-0.5%
+11.8%
Finance lease liabilities
4.0
4.3
n/a
-7.9%
Other liabilities
741
719
564
+3.1%
+31.5%
Total liabilities and equity
4,280
4,226
3,665
+1.3%
+16.8%
Fixed assets
904
880
781
+2.8%
+15.9%
Goodwill
1,137
1,122
828
+1.3%
+37.4%
Intangible assets
235
245
125
-4.2%
+88.2%
Cash and equivalents
751
726
805
+3.4%
-6.7%
Receivables
249
242
211
+2.9%
+18.2%
Other assets
1,005
1,011
917
-0.6%
+9.5%
Total assets
4,280
4,226
3,665
+1.3%
+16.8%
Questions
What was RadNet's revenue in Q3 FY2026?
RadNet (RDNT) reported revenue of $638 million for Q3 FY2026, the quarter ended 30 September 2026, up 22.1% on the same quarter a year earlier.
How much did RadNet earn in Q3 FY2026?
Net income for Q3 FY2026 was $4 million, down 23.3% on the year, and diluted earnings per share $0.05.
When did RadNet report Q3 FY2026 results?
RadNet filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 9 November 2026.
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 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 9 November 2026: the filing.