USPH: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	781m	671m
Gross profit	150m	124m
Selling, general and administrative	69m	58m
Operating expenses	631m	547m
Operating income	87m	63m
Pre-tax income	78m	60m
Income tax	20m	15m
Net income	40m	31m
Earnings per share	1.42	1.84
Earnings per share, diluted	1.42	1.84
Weighted average shares	15m	15m
Weighted average shares, diluted	15m	15m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	28m	36m	31m	34m	39m	41m	117m	113m
Receivables	69m	64m	68m	66m	65m	59m	57m	55m
Current assets	139m	140m	138m	141m	145m	138m	205m	202m
Property, plant and equipment	39m	36m	34m	32m	33m	32m	27m	26m
Goodwill	716m	692m	690m	678m	674m	667m	555m	549m
Total assets	1.24bn	1.20bn	1.20bn	1.18bn	1.18bn	1.17bn	1.03bn	1.02bn
Current liabilities	117m	139m	115m	119m	124m	116m	115m	107m
Short-term debt	11m	10m	9m	8m	9m	11m	10m	10m
Total liabilities	459m	434m	414m	414m	421m	408m	358m	353m
Equity	469m	476m	504m	502m	499m	489m	484m	486m
Shares outstanding	—	17m	17m	17m	17m	17m	17m	17m
Shares issued	18m	17m	17m	17m	17m	17m	17m	17m
Treasury shares	2m	2m	2m	2m	2m	2m	2m	2m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	75m	75m
Depreciation and amortisation	22m	19m
Share-based compensation	8m	8m
Capital expenditure	14m	9m
Investing cash flow	−37m	−149m
Dividends paid	27m	27m
Share buybacks	6m	0
Financing cash flow	−44m	−37m