Addus HomeCare posts Q3 2026 results and announces AccentCare personal‑care acquisition
Addus HomeCare reported third‑quarter 2026 net service revenue of $387.7 million, a 7.0% year‑over‑year increase, and GAAP net income of $28.6 million, or $1.54 per diluted share. Adjusted earnings per share came in at $1.83, beating consensus estimates. The company also disclosed a definitive agreement to acquire AccentCare’s personal‑care division, with the purchase price reported at roughly $100 million in one release and $275 million in others.
Why it matters
The revenue miss and the higher‑than‑expected acquisition price prompted a downgrade by BofA and a 3%‑plus drop in ADUS shares in after‑hours trading, according to the reports. Investors will watch the integration of AccentCare for its impact on future margins and cash flow.
Key facts
- 1Net service revenues were $387.7 million, up 7.0% YoY. stocktitan.net
- 2GAAP net income was $28.6 million, or $1.54 per diluted share. stocktitan.net
- 3Adjusted EPS was $1.83 per diluted share. stocktitan.net
- 4Adjusted EBITDA increased 13.5% YoY to $51.2 million. stocktitan.net
- 5Cash on hand as of September 30 2026 was $40.9 million. stocktitan.net
- 6The company announced a definitive agreement to acquire AccentCare’s personal‑care division. stocktitan.net
Open questions
- Q3 revenue reported as $387.7 million versus $389.7 million.
- Acquisition purchase price reported as approximately $100 million versus $275 million.
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.