Business Wire·Feb 11, 2026, 7:00 AM ET

Healthcare Services Group Reports Full Year and Fourth Quarter Results

Healthcare Services Group (HCSG) reported 2025 full-year revenue of $1.84 billion (+7.1%) & Q4 2025 revenue of $466.7 million (+6.6%).
Full-year 2025 net income was $59.1 million ($0.81 diluted EPS) while Q4 2025 net income was $31.2 million ($0.44 diluted EPS).
Full-year 2025 cash flow from operations was $145.0 million ($164.1 million excluding payroll accrual changes); Q4 2025 figures were $17.4 million ($36.4 million excluding changes).
The Company completed a $50.0 million share repurchase program five months early & authorized a new $75.0 million buyback program for the next 12 months.
HCSG expects mid-single-digit revenue growth for 2026 with a target effective tax rate of approximately 25%.
Q4 2025 segment revenues were $210.8 million (Environmental & Dietary Services) with 12.6% margins & $255.9 million with 7.2% margins.
The Campus division achieved a milestone of over $100 million in revenue during 2025.
Q4 2025 cost of services was 84.6% of revenue; the 2026 goal is to manage this cost in the 86% range.
Q4 2025 SG&A was $46.2 million; the 2026 target is 9.5% to 10.5% with a long-term goal of 8.5% to 9.5%.
As of Q4 2025, the Company held $203.9 million in cash & marketable securities & had an unutilized $300.0 million credit facility.
A conference call to discuss results will be held on February 11, 2026, at 8:30 a.m. ET.