Healthcare Services Group returns to profit in Q2 FY26, net income USD 22.7 million
HCSG•Q2 results turn profitable as revenue rises
- Healthcare Services Group posted Q2 net income of $22.7 million, swinging from a year-earlier loss; diluted EPS was $0.32.
- Revenue rose 2.69% to $470.8 million, with Environmental Services at $213.2 million and Dietary Services at $257.6 million.
- Cost of services was 84.1%, while SG&A was $52.6 million.
- Cash flow from operations was $21.9 million; cash and marketable securities totaled $200.9 million with a $300.0 million unused credit facility.
- Management reaffirmed a 2026 mid-single-digit growth outlook; Q2 share repurchases were $20.9 million under a $75.0 million plan through January 2027.
