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Stock research / United States / VMD · Services-Misc Health & Allied Services, Nec · Nasdaq

Viemed Healthcare, Inc. (VMD)

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Viemed Healthcare, Inc. (VMD) reported revenue of $78 million for Q2 FY2026, the quarter ended 30 June 2026, up 23.9% on the same quarter a year earlier. Net income was $3 million, down 12.4% on the year, and diluted earnings per share $0.07. The figures are the company's own, from the 10-Q it filed with the SEC on 3 August 2026.

Revenue$78 millionup 23.9%
Net income$3 milliondown 12.4%
Diluted EPS$0.07
QuarterQ2 FY2026ended 30 June 2026

Viemed Healthcare (VMD) in brief

Viemed Healthcare (VMD) reported revenue of $270 million for fiscal 2025, the year ended 31 December 2025, up 20.5% on the year before.
Read moreNet income was $15 million and diluted earnings per share $0.37. Revenue was $224 million in fiscal 2024, $183 million in fiscal 2023, $139 million in fiscal 2022 and $117 million in fiscal 2021. Net income in the same years was $11 million, $10 million, $6 million and $9 million. Over the twelve months to 30 June 2026, Viemed Healthcare reported revenue of $302 million and net income of $14 million. Revenue grew 15.5% a year, compounded, over the five years to fiscal 2025. Viemed Healthcare had 38 million shares outstanding at the latest filed count. At 30 June 2026 it carried $7 million of debt and $11 million of cash. At the close of 30 October 2026 the market cap of Viemed Healthcare was $369 million, 26.9 times its earnings over the last twelve months.

Ratios

From the filings

ROE10.1%
ROCE15.1%
Operating margin7.5%
Net margin4.8%
FCF margin9.7%
Interest covern/a
Debt to equity0.05
Cash conversion4.19
Share count, last 12 months-3.8%
Sales CAGR, 3 years24.9%
Profit CAGR, 3 years33.9%
EPS, TTM$0.36

At the close of 30 October 2026

Price$9.68
Market cap$369 million
Stock P/E26.89
Price to book2.56
EV / EBITDA9.42
Dividend yieldn/a
Market cap / sales1.22
52-week high$12.33
52-week low$6.26
Price, 1 year51.5%
Price CAGR, 3 years15.3%
Price CAGR, 5 years11.1%
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 long-term debt as Viemed Healthcare, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
VMDgreeksoup.ai
Daily prices to 30 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 VMD

Dividendsno dividend in its filings for fiscal 2018 onward
Filings17 in twelve months: 9 current reports (8-K), about 5 regulation FD disclosure; 4 results of operations; 1 officer or director change; 1 shareholder vote; 1 other events
Planned insider sales3 Form 144 notices in twelve months, $1.2 million; latest 20 March 2026
Options tapeput/call 0.01 by open interest at the 30 October 2026 close; the straddle prices a 8.3% move to 20 November 2026
13F holders166 funds reported a position for the quarter to 30 June 2026; largest BlackRock, Inc.
Insider trading9 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest1.5 million shares short, 6.40 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue29.332.032.333.335.837.539.643.349.450.750.655.058.060.759.163.171.976.275.478.1
Cost of revenue10.912.312.512.914.114.615.617.218.818.620.822.123.624.625.926.330.632.132.633.0
Gross profit18.419.719.720.421.722.924.026.130.632.129.832.934.436.133.336.741.344.142.845.0
Gross margin63%62%61%61%61%61%61%60%62%63%59%60%59%60%56%58%57%58%57%58%
R&D0.60.60.60.70.70.70.80.80.60.70.80.80.80.80.80.80.80.60.60.5
SG&A13.314.215.817.517.717.219.820.623.723.924.826.526.728.228.428.831.932.234.837.1
Operating income2.94.72.21.01.53.51.92.94.25.32.23.65.66.53.85.15.68.44.34.5
Operating margin10%15%7%3%4%9%5%7%9%10%4%7%10%11%6%8%8%11%6%6%
Interest expensen/an/an/an/an/an/an/an/an/an/an/an/an/an/a0.20.1n/an/a0.30.2
Pre-tax income3.25.12.51.41.53.62.03.14.25.12.12.25.56.33.75.05.18.04.04.1
Tax rate44%19%30%30%30%32%25%24%31%32%24%34%29%30%26%35%30%27%32%28%
Net income1.84.11.81.01.12.41.52.32.93.51.61.53.94.32.63.23.55.62.62.8
Net margin6%13%5%3%3%6%4%5%6%7%3%3%7%7%4%5%5%7%3%4%
Diluted EPS$0.04$0.10$0.04$0.02$0.03$0.06$0.04$0.06$0.07$0.09$0.04$0.04$0.10$0.10$0.06$0.08$0.09$0.14$0.06$0.07
Operating cash flow5.08.77.14.98.07.710.57.613.813.31.210.212.715.02.912.318.418.48.115.9
Capital expenditure8.06.74.07.06.35.64.76.17.47.96.08.911.011.815.58.17.68.76.78.5
Free cash flow-3.02.03.2-2.11.62.15.81.56.45.4-4.81.21.73.2-12.64.110.79.71.47.4
Buybacks0.00.01.95.11.9n/a0.00.00.00.0n/an/a0.0n/a0.01.711.60.01.45.3
Shares outstanding40m40m39m38m38m38m38m38m38m39m39m39m39m39m40m40m38m38m39m38m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-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 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.

Income statement (profit and loss), 8 fiscal years and the trailing twelve months

FY2018 †FY2019 †FY2020FY2021 †FY2022 †FY2023FY2024FY2025TTM
Revenue64.580.3131117139183224270302
Cost of revenue16.724.251.243.754.270.291.1115128
Gross profit47.856.080.173.484.7113133155173
Gross margin74.1%69.8%61.0%62.7%61.0%61.6%59.4%57.5%57.5%
Research and development0.00.81.12.12.72.83.13.02.5
Selling, general and administrative34.341.452.854.968.287.9106121136
Operating income10.18.926.811.68.314.317.922.922.8
Operating margin15.6%11.0%20.4%9.9%5.9%7.8%8.0%8.5%7.5%
Pre-tax income9.78.826.412.59.014.416.221.821.2
Income tax0.20.3-5.23.42.84.14.86.46.2
Effective tax rate1.7%3.1%-19.6%27.0%30.8%28.8%29.4%29.4%29.1%
Net income9.58.531.59.16.210.211.314.914.5
Net margin14.7%10.6%24.0%7.8%4.5%5.6%5.0%5.5%4.8%
Diluted EPS$0.24$0.21$0.78$0.22$0.16$0.25$0.28$0.37$0.36
Filing10-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.

Cash flow and capital returned

FY2018 †FY2019 †FY2020FY2021 †FY2022 †FY2023FY2024FY2025TTM
Operating cash flow22.419.135.122.527.745.239.151.960.8
Capital expenditure6.113.413.019.722.926.137.840.031.5
Free cash flow16.35.722.12.84.819.11.311.929.2
Free cash flow margin25.2%7.1%16.8%2.4%3.5%10.4%0.6%4.4%9.7%
Cash from investing-5.3-12.8-8.4-19.7-24.0-52.1-30.7-50.2-53.2
Cash from financing-11.8-3.3-9.1-5.3-15.32.8-3.7-5.8-16.9
Depreciation and amortisationn/an/an/an/a15.621.925.428.616.0
Share-based compensation2.73.94.95.25.25.86.39.19.0
Buybacks1.61.50.00.09.60.00.013.218.3
Diluted shares, weighted40m40m41m41m40m40m41m41m41m
Shares outstanding at period end38m38m39m40m38m39m39m38m38m
Filing10-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

FY2018 †FY2019 †FY2020FY2021 †FY2022 †FY2023FY2024FY2025TTM
Funded by
Shareholders' equity32.643.781.794.897.1114131142144
Non-controlling interestn/an/an/an/an/a0.01.92.01.9
Debt0.09.47.65.80.07.14.012.47.1
Operating lease liabilitiesn/an/an/an/a0.22.22.02.43.1
Finance lease liabilitiesn/an/an/an/a0.00.10.0n/an/a
Other liabilities21.129.523.217.419.831.637.840.948.1
Total liabilities and equity53.782.6113118117155177199204
Owned
Fixed assets30.654.855.162.867.773.676.378.877.2
Goodwilln/an/an/an/a0.029.833.058.958.9
Intangible assetsn/an/an/an/a0.00.60.81.31.2
Cash and equivalents10.413.431.028.416.912.817.513.510.7
Receivables8.811.512.412.815.418.524.925.632.2
Inventory2.91.42.32.53.64.64.35.05.3
Other assets1.01.611.811.413.415.120.216.018.8
Total assets53.782.6113118117155177199204
Filing10-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, compoundedn/a15.5%24.9%25.2%
Profit growth, compoundedn/a-13.9%33.9%3.7%
Return on equity, averagen/a8.8%9.4%10.6%
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 Viemed Healthcare's revenue in fiscal 2025?

Viemed Healthcare (VMD) reported revenue of $270 million for fiscal 2025, the year ended 31 December 2025, up 20.5% on the year before.

How much did Viemed Healthcare earn in fiscal 2025?

Net income was $15 million for fiscal 2025, and diluted earnings per share $0.37.

What is Viemed Healthcare's P/E ratio?

At the close of 30 October 2026, Viemed Healthcare traded at 26.9 times its earnings over the twelve months to 30 June 2026.

What is Viemed Healthcare's market cap?

The market cap of Viemed Healthcare was $369 million at the close of 30 October 2026.

How much debt does Viemed Healthcare have?

At 30 June 2026 Viemed Healthcare carried $7 million of debt and $11 million of cash.

Peers: Healthcare

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Davita Inc. DVA$11.9 billion13.82n/a15.0%6.4%n/an/a
Sotera Health Co. SHC$5.2 billion31.8124.6%n/a8.1%3.21n/a
Progyny, Inc. PGNY$2.3 billion31.7617.3%8.6%5.5%0.00n/a
agilon health, Inc. AGL$1.4 billion26.01-102.1%-5.2%0.3%0.13n/a
Starling Oncology, Inc. STLN$656 millionn/an/a-4.4%38.4%n/an/a
Fulgent Genetics, Inc. FLGT$565 millionn/a-8.4%-37.7%6.8%0.00n/a
SBC Medical Group Holdings Inc. SBC$541 million11.2218.6%37.3%-6.9%0.14n/a
Viemed Healthcare, Inc. VMD$369 million26.8910.1%7.5%25.2%0.05n/a
Community Health Systems Inc. CYH$337 million9.19n/a10.9%-7.8%n/an/a
Biodesix Inc. BDSX$245 millionn/a-303.6%-20.0%34.5%5.47n/a
Exagen Inc. XGN$208 millionn/a-154.9%-18.6%20.8%1.87n/a
Park Dental Partners, Inc. PARK$99 millionn/an/an/an/a0.37n/a
All 59 in Healthcare
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
HCA Healthcare, Inc. HCA$99.8 billion15.68n/a12.5%5.8%n/a0.6%
Natera, Inc. NTRA$59.5 billionn/a-10.6%-10.7%37.8%0.04n/a
Labcorp Holdings Inc. LH$29.4 billion29.6811.3%10.3%6.0%0.660.8%
Quest Diagnostics Inc. DGX$27.7 billion25.0814.8%14.6%9.1%0.731.3%
Guardant Health, Inc. GH$23.9 billionn/an/a-39.7%42.7%n/an/a
Tenet Healthcare Corp. THC$21.7 billion7.9253.3%24.4%6.2%2.43n/a
Encompass Health Corp. EHC$13.4 billion22.1423.9%18.0%9.5%1.010.6%
BrightSpring Health Services, Inc. BTSG$13.3 billionn/an/an/an/a1.00n/a
Davita Inc. DVA$11.9 billion13.82n/a15.0%6.4%n/an/a
Ensign Group, Inc. ENSG$10.6 billion27.0315.6%9.0%17.5%0.080.1%
Universal Health Services Inc. UHS$10.4 billion7.1720.3%11.4%10.0%0.650.5%
Caris Life Sciences, Inc. CAI$9.7 billion95.3317.8%15.5%n/a0.66n/a
Pacs Group, Inc. PACS$7.6 billion28.6124.2%7.4%16.6%0.22n/a
Chemed Corp. CHE$7.0 billion25.5932.8%13.9%5.2%0.270.5%
Hims & Hers Health, Inc. HIMS$6.5 billionn/a-43.8%-6.0%28.0%4.21n/a
Grail, Inc. GRAL$6.4 billionn/a-15.4%-338.4%23.1%0.00n/a
RadNet, Inc. RDNT$5.8 billionn/a-1.9%3.1%18.9%1.22n/a
BillionToOne, Inc. BLLN$5.3 billion129.907.0%10.9%n/a0.17n/a
Sotera Health Co. SHC$5.2 billion31.8124.6%n/a8.1%3.21n/a
Concentra Group Holdings Parent, Inc. CON$5.2 billion26.0841.7%16.4%14.0%3.300.6%
LifeStance Health Group, Inc. LFST$5.1 billion103.153.4%4.9%20.4%0.19n/a
Option Care Health, Inc. OPCH$4.8 billion23.9416.6%5.9%5.9%0.92n/a
CareDx, Inc. CDNA$4.6 billion36.5527.5%23.4%38.9%0.00n/a
Veracyte, Inc. VCYT$4.0 billion35.458.2%18.8%17.3%0.00n/a
National Healthcare Corp. NHC$3.2 billion23.1112.5%9.3%6.9%0.001.3%
Surgery Partners, Inc. SGRY$3.0 billionn/a-5.3%11.4%4.0%2.25n/a
Aveanna Healthcare Holdings, Inc. AVAH$2.9 billion10.7095.6%10.5%19.5%4.52n/a
Acadia Healthcare Company, Inc. ACHC$2.7 billionn/a-56.9%-32.6%4.3%1.22n/a
Privia Health Group, Inc. PRVA$2.7 billion102.293.6%1.9%24.1%0.00n/a
Brookdale Senior Living Inc. BKD$2.5 billionn/an/a3.5%-4.4%n/an/a
Addus HomeCare Corp. ADUS$2.3 billion22.009.2%10.0%15.9%0.05n/a
Pediatrix Medical Group, Inc. MD$2.3 billion16.2017.7%10.9%1.9%0.68n/a
Progyny, Inc. PGNY$2.3 billion31.7617.3%8.6%5.5%0.00n/a
GeneDx Holdings Corp. WGS$2.1 billionn/a-43.5%-20.3%25.4%0.41n/a
Fortrea Holdings Inc. FTRE$2.1 billionn/a-12.9%0.5%-3.4%1.98n/a
Ardent Health, Inc. ARDT$1.7 billion21.855.8%3.2%3.3%0.82n/a
Personalis, Inc. PSNL$1.7 billionn/a-45.6%-164.1%-13.3%n/an/a
Healthcare Services Group Inc. HCSG$1.7 billion16.4619.7%n/a4.0%0.00n/a
Sonida Senior Living, Inc. SNDA$1.6 billionn/a-14.2%-13.6%49.4%1.82n/a
Teladoc Health, Inc. TDOC$1.6 billionn/a-12.0%-6.6%-2.4%0.77n/a
Pennant Group, Inc. PNTG$1.5 billion46.338.0%5.6%37.9%0.49n/a
agilon health, Inc. AGL$1.4 billion26.01-102.1%-5.2%0.3%0.13n/a
U S Physical Therapy Inc. USPH$1.3 billion96.907.2%9.4%11.3%0.492.1%
InnovAge Holding Corp. INNV$1.2 billionn/a-1.1%0.3%15.9%0.21n/a
Omada Health, Inc. OMDA$1.1 billion375.101.7%-0.1%n/a0.00n/a
Castle Biosciences Inc. CSTL$1.1 billionn/a-4.1%-9.0%3.2%0.020.0%
Lumexa Imaging Holdings, Inc. LMRI$1.1 billionn/an/an/an/a1.36n/a
AdaptHealth Corp. AHCO$791 millionn/a-16.6%-4.5%-0.4%1.37n/a
Starling Oncology, Inc. STLN$656 millionn/an/a-4.4%38.4%n/an/a
Fulgent Genetics, Inc. FLGT$565 millionn/a-8.4%-37.7%6.8%0.00n/a
SBC Medical Group Holdings Inc. SBC$541 million11.2218.6%37.3%-6.9%0.14n/a
Viemed Healthcare, Inc. VMD$369 million26.8910.1%7.5%25.2%0.05n/a
Community Health Systems Inc. CYH$337 million9.19n/a10.9%-7.8%n/an/a
Biodesix Inc. BDSX$245 millionn/a-303.6%-20.0%34.5%5.47n/a
Exagen Inc. XGN$208 millionn/a-154.9%-18.6%20.8%1.87n/a
Airsculpt Technologies, Inc. AIRS$123 millionn/a-11.2%-8.4%-8.7%0.42n/a
LifeMD, Inc. LFMD$110 millionn/an/an/an/a0.00n/a
Sera Prognostics, Inc. SERA$103 millionn/a-56.0%-53,282.9%-35.2%0.00n/a
Park Dental Partners, Inc. PARK$99 millionn/an/an/an/a0.37n/a
5 companies share its SEC industry code (Services-Misc Health & Allied Services, Nec); the rest are the names nearest in size in its wider industry, Healthcare, 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 20263 August 2026EDGAR
10-Q31 March 20265 May 2026EDGAR
10-K31 December 20254 March 2026EDGAR
10-Q30 September 20255 November 2025EDGAR
10-Q30 June 20256 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-K31 December 202410 March 2025EDGAR
10-Q30 September 20246 November 2024EDGAR
10-Q30 June 20247 August 2024EDGAR
10-Q31 March 20246 May 2024EDGAR