Tenet Healthcare Q3 2026 net income available to common shareholders more than doubles to $1 billion
THC•Tenet Healthcare’s third-quarter 2026 net income available to common shareholders more than doubled year over year to $1 billion. Adjusted diluted EPS rose 80% to $6.64, adjusted free cash flow climbed 41% to $1.1 billion, and the company raised its FY26 adjusted EBITDA and free cash flow guidance.
1. Quarterly results and guidance
Tenet Healthcare’s third-quarter 2026 adjusted diluted earnings per share rose 80% year over year to $6.64, while adjusted free cash flow increased 41% to $1.1 billion. The company raised its FY26 adjusted EBITDA guidance to $5.05 billion–$5.2 billion and adjusted free cash flow guidance to $2.83 billion–$3.13 billion. The transition of certain Conifer revenue cycle management services under agreements with CommonSpirit Health will be substantially complete by October 30, 2026.
