BrightSpring Health Services Q4 Earnings Call Highlights

3 weeks ago 12

MarketBeat

Fri, February 27, 2026 astatine 9:24 AM CST 7 min read

BrightSpring Health Services logo

BrightSpring Health Services logo
  • BrightSpring bushed its guidance for 2025 with Q4 gross of $3.6B (up 29% YoY), adjusted EBITDA of $184M (up 41%), and full-year gross of $12.9B (up 28%) with adjusted EBITDA of $618M and adjusted EPS of $1.00.

  • The institution expects the Community Living divestiture to adjacent extremity of Q1 2026 with ~ $715M nett after‑tax proceeds to beryllium utilized chiefly to wage down debt, and it closed acquisitions of 107 Amedisys/LHC home‑health branches for $239M currency (pro forma 2025 gross $345M).

  • For 2026 BrightSpring guided to $14.45–15.0B revenue and $760–790M adjusted EBITDA (including ~$30M from the Amedisys/LHC assets) portion informing of astir $600M of pharmacy gross headwinds from the IRA and brand‑to‑generic conversions, and reiterated a people leverage of ≤2.5x arsenic proceeds are deployed.

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BrightSpring Health Services (NASDAQ:BTSG) reported fourth-quarter and full-year 2025 results that absorption said exceeded the precocious extremity of the company’s guidance scope for the year, driven by gross growth, adjusted EBITDA expansion, and stronger currency travel generation. Executives besides outlined cardinal portfolio actions, including an expected first-quarter adjacent for the company’s planned Community Living divestiture and the completed acquisition of location wellness assets from Amedisys and LHC successful the 4th quarter.

Chief Executive Officer Jon Rousseau said BrightSpring expects its Community Living divestiture to adjacent astatine the extremity of the archetypal 4th of 2026, pursuing Federal Trade Commission support earlier successful the year. The institution expects nett after-tax currency proceeds of astir $715 cardinal and intends to chiefly usage the funds to wage down debt.

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BrightSpring besides closed a two-part transaction for Amedisys and LHC location wellness assets connected December 1 and December 31, 2025. Rousseau said the institution acquired 107 branches for $239 million, funded wholly with currency connected hand. Management cited full-year 2025 pro forma gross of $345 cardinal for the acquired assets (including months anterior to closing) and described the assets arsenic complementary geographically and overlapping with BrightSpring hospice markets.

For the 4th fourth of 2025, BrightSpring reported full gross of $3.6 billion, up 29% year-over-year. Adjusted EBITDA was $184 million, up 41% year-over-year. Adjusted EPS was $0.33 for the quarter.

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