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) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Pharmacy Solutions 11,446 88.65%
Provider Services 1,465 11.35%
Gross margin 11.76%
Operating margin 2.29%
Pre-tax margin 1.07%

Revenue by product or service $m

Line FY2025 FY2024 FY2023 FY2022
Products 11,446 8,754 6,522 5,264
Services 1,465 1,318 1,169 2,456
Also reported: a second breakdown of the same revenue
Medicare D 4,098 3,202 2,032 1,482
Commercial Insurance 3,303 2,528 1,810 1,471
Medicare C 2,413 1,665 1,450 1,253
Medicaid 1,495 1,167 979 1,772
Medicare A 1,094 1,000 959 938
Private and Other 424 415 378 474
Medicare B 83 96 83 58
Department of Labor — — — 273
Revenue 12,911 10,072 7,691 7,721

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022
Pharmacy Solutions 11,446 8,754 6,523 5,264
Provider Services 1,465 1,318 1,169 2,182
Other — — — 275
Revenue 12,911 10,072 7,691 7,721

Gross profit by segment $m, and margin

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Gross profit per script Q3 FY2026 $28.86 $22.76 +26.80%
Home Health Care average daily census Q3 FY2026 47.3K 29.6K +59.69%
Personal Care persons served Q3 FY2026 16.3K 16.1K +1.15%
Prescriptions dispensed Q3 FY2026 10.9M 10.8M +1.45%
Rehab Care persons served Q3 FY2026 7.6K 7.3K +3.46%
Revenue per script Q3 FY2026 $340.86 $274.89 +24.00%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.