USPH reports Q1 2026 revenue up 7.9% to $198M, reaffirms full-year guidance despite weather drag

Filed May 11, 2026 · Period ending May 7, 2026 · ~2 min read

Key Changes

• high

  Q1 2026 revenue rose 7.9% to $198M with adjusted EBITDA of $20.2M, though operating EPS slipped to $0.46 from $0.48 as weather disruptions cost 31,000 visits (~$3M revenue) and forced payment of idle staff during closures.

  Exhibit 99.1 verify on EDGAR →
• high

  Completed new 5-year $450M credit facility on April 15, 2026, upsized from $400M launch and replacing prior $325M facility, with improved pricing and maturity extended to April 2031.

  Exhibit 99.1 verify on EDGAR →
• high

  Reaffirmed full-year 2026 adjusted EBITDA guidance of $102M–$106M, with management expecting 2026 initiatives and hospital affiliation benefits to ramp through the year.

  Exhibit 99.1 verify on EDGAR →