Business
Aveanna Healthcare Holdings Announces Second Quarter Financial Results and Revised 2025 Outlook
Second Quarter Revenue was $589.6 million, a 16.8% increase over the prior year periodSecond Quarter Net income was $27.0 million, a 94.3% increase over the
About this update from Aveanna Healthcare Holdings Inc.
[{"type":"text","content":"Second Quarter Revenue was $589.6 million, a 16.8% increase over the prior year periodSecond Quarter Net income was $27.0 million, a 94.3% increase over the prior year periodAdjusted EBITDA for Q2 2025 was $88.4 million, a 93.6% increase over the prior year periodIncreased Full Year 2025 Revenue guidance greater than $2.3 billion, updated from greater than $2.15 billion Increased Full Year 2025 Adjusted EBITDA guidance greater than $270 million, updated from greater than $207 million ATLANTA, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, today announced financial results for the three and six-month periods ended June 28, 2025. Jeff Shaner, Chief Executive Officer, commented, “Our second quarter results reflect the continued positive momentum in all three operating divisions as we navigate the third year of our Strategic Transformation. The quarter was highlighted by revenue and adjusted EBITDA growth of 16.8% and 93.6%, respectively, when compared to the prior year period. We continue to advocate for our patients and families to receive the value of high-quality health care in the comfort of their home. Our national footprint delivers cost-effective and high-quality home care that provides significant value to our payor and government partners. The acquisition of Thrive Skilled Pediatric Care illustrates our commitment to investing in current markets and new market expansion to facilitate growth of our core services. 2025 is shaping up to be a great year for Aveanna, and our revised guidance demonstrates the momentum we have in our business.” Three-Month Periods Ended June 28, 2025 and June 29, 2024 Revenue was $589.6 million for the three-month period ended June 28, 2025, as compared to $505.0 million for the three-month period ended June 29, 2024, an increase of $84.6 million, or 16.8%. The overall increase in revenue was attributable to a $78.2 million increase in PDS segment revenue, a $5.5 million increase in HHH segment revenue, and a $1.0 million increase in MS segment revenue compared to the second quarter of 2024. Gross margin was $210.8 million, or 35.8% of revenue, for the three-month period ended June 28, 2025, as compared to $158.3 million, or 31.3% of revenue,...