Tenet FY26 Q2 net income rises to $826 million; revenue increases 6.8% to $5.63 billion

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Reuters2026/07/23 20:19

By:Reuters

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Tenet Healthcare posted GAAP net income available to common shareholders of USD 826 million in Q2 2026, more than doubled from a year earlier; diluted EPS was USD 9.84.
GAAP net operating revenues rose 6.8% to USD 5.63 billion; consolidated adjusted EBITDA climbed 16.3% to USD 1.3 billion.
Hospital adjusted EBITDA margin widened 2.4 percentage points to 18%; ambulatory adjusted EBITDA increased 8.8% to USD 542 million.
Board authorized a USD 2 billion increase to share repurchases; Tenet bought back 5,680,000 shares for USD 1.04 billion in Q2.
Tenet raised FY 2026 adjusted EBITDA outlook to USD 4.83 billion-USD 5.03 billion; adjusted free cash flow seen at USD 2.73 billion-USD 3.03 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tenet Healthcare Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202607231605BIZWIRE_USPR_____20260723_BW345068) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Tenet FY26 Q2 net income rises to $826 million; revenue increases 6.8% to $5.63 billion

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