BrightSpring Health Services, Inc. Reports First Quarter 2026 Financial Results and Increases Full Year 2026 Guidance

About this update from Brightspring Health Services, Inc.

[{"type":"image","alt":"BrightSpring Health Services, Inc.","displaySize":"","headline":null,"caption":"BrightSpring Health Services, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":101,"url":"https://media.zenfs.com/en/globenewswire.com/2576e17238fed4235aaa84872c2c4ad0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Xyf3QcBwZZL2EqR066.fow--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE0MQ--/https://media.zenfs.com/en/globenewswire.com/2576e17238fed4235aaa84872c2c4ad0","width":300,"height":101}},"lazy":false},{"type":"text","content":"LOUISVILLE, Ky., May 01, 2026 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced financial results for the first quarter ended March 31, 2026, and increased full year 2026 Revenue and Adjusted EBITDA1 guidance.","length":368,"tagName":"p"},{"type":"text","content":"First Quarter 2026 Financial Highlights(note: all figures represent continuing operations and exclude the Community Living business)","length":133,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net revenue of $3,614 million, up 25.6% compared to $2,878 million in the first quarter of 2025","length":95,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit of $482 million, up 42.5% compared to $338 million in the first quarter of 2025","length":92,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income of $74 million compared to $9 million in the first quarter of 2025","length":77,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA1 of $190 million, up 44.8% compared to $131 million in the first quarter of 2025","length":96,"tagName":"p"}]},{"val":[{"type":"text","content":"Leverage2 of 2.27x as of March 31, 2026, compared to pro forma leverage3 of 2.60x on December 31, 2025, both of which exclude the impact of the Community Living divestiture","length":172,"tagName":"p"}]},{"val":[{"type":"text","content":"Divestiture of Community Living business to Sevita closed on March 30, 2026, which resulted in a $31.2 million gain on sale, net of tax recorded within discontinued operations","length":175,"tagName":"p"}]},{"val":[{"type":"text","content":"Completion of an underwritten secondary offering of our common stock by aff...

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