GlobeNewswire·Nov 12, 2026, 7:00 AM ET

Aveanna Healthcare Holdings Announces Third Quarter Financial Results and Revised 2026 Guidance

AVAH

Aveanna Healthcare Holdings Inc. reported Q3 2026 revenue of $695.5 million, an 11.8% increase over the prior year.
Third quarter net income reached $45.5 million compared to $14.1 million in the prior year period.
Adjusted EBITDA for Q3 2026 was $100.1 million, representing a 25.0% increase from the prior year.
The company increased its full-year 2026 revenue guidance to greater than $2.695 billion from the previous guidance of greater than $2.68 billion.
Full-year 2026 Adjusted EBITDA guidance was raised to greater than $374 million from greater than $365 million.
Revenue growth in Q3 2026 was driven by increases across all three segments: PDS ($59.8 million), HHH ($9.7 million), and MS ($4.1 million).
Gross margin for the three-month period ended October 3, 2026, was $226.8 million or 32.6% of revenue, unchanged from the prior year percentage.
Net income per diluted share for Q3 2026 was $0.20, compared to $0.06 in the prior year period.
For the nine-month period ended October 3, 2026, total revenue was $2,013.9 million, an 13.7% increase year-over-year.
Nine-month Adjusted EBITDA totaled $279.9 million, an 18.7% increase compared to the prior year period.
As of October 3, 2026, the company held $197.8 million in cash with $68.7 million of incremental borrowing capacity under its securitization facility.
Net cash provided by operating activities for the nine-month period was $157.5 million, while free cash flow was $141.2 million.
Total indebtedness as of October 3, 2026, stood at $1,521.3 million, with interest rate exposure hedged via caps on SOFR at 4.00% and 2.96%.
The company did not provide net income guidance for the full year due to volatility in fair value adjustments associated with interest rate caps.
Conference calls to discuss the results were scheduled for November 12, 2026, at 10:00 a.m. Eastern Time.

Company: Aveanna Healthcare Holdings, Inc
Keywords: Nasdaq:AVAH, Aveanna Healthcare Holdings, Inc, AVAH, Aveanna, Aveanna Healthcare, Earnings, Earnings Release