BrightSpring Health Services, Inc.

BTSG Healthcare Health Information Services

BrightSpring Health Services, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $12.9 billion, up 28.2% from fiscal 2024.

Revenue
+26.4%
EPS
+77.8%
Free cash flow
+97.7%
Total debt
−13.2%

Quarter to September 2026, against a year earlier

67.27 1.41 +2.14%
Market cap
$13.1B
P/E
33.0×
Fwd P/E
41.2×
Dividend yield
—
F-score
7/9
Altman Z
3.35
Beneish M
−2.64
Dividend safety
n/a

BrightSpring Health Services, Inc. (BTSG) Gross margin

Alert me on Gross margin

BrightSpring Health Services, Inc.'s gross margin over the twelve months to 30 September 2026 was 12.5%, up 0.7 percentage points from fiscal 2025 (11.8%). Over the past ten years it has ranged from 11.8% (fiscal 2025) to 18.6% (fiscal 2021) — the current reading is the lowest in ten years. That is below the Health Information Services industry median of 59.6% and below the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 11.8% (0.81)
FY2024 12.6% (2.24)
FY2023 14.8% (2.73)
FY2022 17.5% (1.10)
FY2021 18.6% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 12.3% (0.41)
Jun 2026 12.7% (0.62)
Mar 2026 13.3% 1.72
Dec 2025 11.6% (0.14)
11 more quarters

Against its own ten years

Low 11.8% High 18.6%
Ten-year median 14.8%
Current reading's percentile 58

Gross margin against peers

Company Gross margin
DOCS Doximity, Inc. compare 86.8%
HNGE Hinge Health Inc. compare 84.5%
HTFL Heartflow, Inc. compare 80.1%
VEEV Veeva Systems Inc. compare 75.0%
HQY HealthEquity, Inc. compare 71.3%
WAY Waystar Holding Corp. compare 69.4%
TEM Tempus AI, Inc. compare 64.5%
BTSG BrightSpring Health Services, Inc. 12.5%
PRVA Privia Health Group, Inc. compare 0.00%
Health Information Services industry median 59.6%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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