For Q1 FY2026 ended March 31, 2026, Tenet Healthcare reported revenue of $5.37 billion, up 2.8% year-over-year. Operating income surged 37.4% to $1.30 billion, while diluted EPS rose 87.6% to $8.01. Net income was only $6 million, a 99.4% decline from the prior year. Cash stood at $2.97 billion and equity at $4.81 billion.
•Revenue grew 2.8% YoY to $5.37 billion.
•Operating income increased 37.4% to $1.30 billion.
•Diluted EPS rose 87.6% to $8.01.
•Net income fell 99.4% to $6 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Tenet Healthcare is a diversified healthcare services company in the United States. Its operations are structured into two segments: Hospital Operations and Services, and Ambulatory Care.
Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies intensive and critical care, and/or coronary care units. Its portfolio also includes cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services, outpatient services
Including physical therapy, tertiary care services, such as cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services, pediatric quaternary care services through heart, liver, and kidney transplants programs, and limb salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging technology, surgical robotic, and telemedicine access services.
Additionally, it offers a range of procedures and services comprising orthopedics, total joint replacement, and spinal and musculoskeletal procedures. Its portfolio also includes gastroenterology, pain management, otolaryngology, ophthalmology, and urology.
It also operates acute care and specialty hospitals, off-campus emergency departments, imaging centers, urgent care centers, and micro-hospitals ambulatory surgery centers and surgical hospitals. Founded in 1967, Tenet Healthcare is headquartered in Dallas, Texas.
Tenet Healthcare Corporation is a diversified healthcare services company in the United States. Its operations are structured into two segments: Hospital Operations and Services, and Ambulatory Care. The company's general hospitals offer acute care services, operating and recovery rooms, radiology, respiratory therapy, clinical laboratories, and pharmacies, as well as intensive and critical care units. Its portfolio includes cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services, along with outpatient services like physical therapy. Tenet also provides tertiary care such as cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery. Additionally, it offers pediatric quaternary care through heart, liver, and kidney transplant programs, and advanced procedures like limb salvaging vascular procedures, acute level 1 trauma care, intravascular stroke care, minimally invasive cardiac valve replacement, and telemedicine access.
Where is Tenet Healthcare (THC) listed and in which currency?
Tenet Healthcare Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol THC. The company trades in US Dollars (USD), as it is headquartered in the United States. Being listed on the NYSE provides liquidity and exposure to a broad base of investors, and the use of USD reflects its primary operating currency.
What sector and industry does Tenet Healthcare (THC) operate in?
Tenet Healthcare Corporation operates in the Healthcare sector, specifically within the Medical Care Facilities industry. This industry includes companies that own and manage hospitals, outpatient clinics, and other healthcare facilities. Tenet's focus on acute care hospitals, ambulatory surgery centers, and specialty services aligns with the broader Medical Care Facilities category, which encompasses a range of inpatient and outpatient care providers.
Where is Tenet Healthcare (THC) headquartered and what markets does it serve?
Tenet Healthcare Corporation is headquartered in Dallas, Texas, United States. Founded in 1967, the company serves markets across the United States through its network of acute care and specialty hospitals, off-campus emergency departments, imaging centers, urgent care centers, micro-hospitals, and ambulatory surgery centers. Its operations are primarily domestic, focusing on providing comprehensive healthcare services to communities in various regions.
How does Tenet Healthcare (THC) make money?
Tenet Healthcare generates revenue through its two main segments: Hospital Operations and Services, and Ambulatory Care. The Hospital Operations segment includes general hospitals that provide acute care, surgical services, diagnostic imaging, and intensive care, as well as specialized services like cardiothoracic surgery, neurosurgery, and transplant programs. The Ambulatory Care segment includes outpatient facilities such as ambulatory surgery centers, urgent care centers, and imaging centers. Tenet also offers a range of procedures including orthopedics, gastroenterology, pain management, and ophthalmology. Revenue comes from patient care services, reimbursed by private insurance, government programs like Medicare and Medicaid, and self-pay patients.