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Tenet Reports Strong Second Quarter 2026 Results; Raises 2026 Financial Outlook

$THCPress releaseJul 23, 2026, 4:05 PM ETRead the release

Tenet Healthcare reported strong second quarter 2026 results with net operating revenues of $5.63 billion, up 6.8% year-over-year, and Adjusted EBITDA of $1.30 billion, reflecting a 16.3% increase. The company raised its full-year 2026 financial outlook, increasing Adjusted EBITDA guidance by $295 million at the midpoint to a range of $4.83 billion to $5.03 billion, while Adjusted Free Cash Flow guidance was also raised.

Key figures

Eps
9.84
Revenue
5628000000
Guidance
FY 2026 Adjusted EBITDA $4.83B-$5.03B; Adjusted Free Cash Flow $2.725B-$3.025B
Revenue Yoy
6.8%
Adjusted eps
6.12
Adjusted ebitda
1304000000
Adjusted ebitda margin
23.2%

AI analysis

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