UNIVERSAL HEALTH SERVICES INC (UHS) Form 10-Q — Aug 7, 2026

$UHSForm 10-QFiled Aug 7, 2026, 4:15 PM ET0001193125-26-340278Original filing

Universal Health Services reported Q2 2026 net revenues of $4.64 billion, up 8.3% year over year, with net income attributable to UHS of $358.4 million and diluted EPS of $5.98 versus $5.43 a year ago. First-half revenue reached $9.13 billion, up 8.9%, with diluted EPS of $11.63 versus $10.23 in the prior-year period. Per-share growth was amplified by buybacks: UHS repurchased $484.6 million of stock in the first half of 2026, cutting the Q2 diluted share count to 59.9 million from 65.0 million.

Key figures

Eps: $5.98 diluted (Q2 2026) vs $5.43 (Q2 2025)
Revenue: $4.638 billion (Q2 2026) vs $4.284 billion (Q2 2025)
Net Income: $358.4 million attributable to UHS (Q2 2026); $707.1 million for the six months
Total Debt: $4.9 billion total debt outstanding (including $772 million current maturities)
Revenue Yoy: +8.3% Q2 YoY; +8.9% for the six months ($9.133 billion vs $8.384 billion)
Total Assets: $15.94 billion
Cash Position: $138.8 million cash and equivalents plus $133.6 million restricted cash at June 30, 2026
Shares Outstanding: 58,936,515 total across Class A/B/C/D as of July 31, 2026
Talkspace deal: $5.25 per share, approximately $835 million aggregate, expected close Q3 2026
Dividends h1 2026: $24.8 million ($0.40 per share)
Talkspace financing: $400 million delayed draw term loan A plus new $700 million 364-day delayed draw loan (July 2026 Twelfth Amendment)
Acute care q2 revenue: $2.610 billion
Six month diluted eps: $11.63 vs $10.23 prior year
H1 2026 share repurchases: $484.6 million
Q2 income from operations: $516.7 million vs $500.3 million prior year
Effective tax rate q2 2026: 23.9%
H1 2026 operating cash flow: $844.9 million vs $909.0 million prior year
Behavioral health q2 revenue: $2.025 billion
Ireland acquisition july 2026: ~$188 million for 39 residential/community homes and 2 day-services facilities
Laurel ridge 2025 pretax income: ~$23 million
Provo canyon 2025 pretax income: ~$2 million
Liability reserve increase q2 2026: $28 million pre-tax
Credit facility increase april 2026: $900 million (revolver to $1.5 billion; term loan A to $1.455 billion)
Senior secured notes due september 2026: $700 million at 1.650%

Price after filing

1 day: 0.0%7 days: -2.0%30 days: -2.2%

Close on the filing date to close N calendar days later (from $173.54). Historical, not a forecast.

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