GlobeNewswire·Apr 30, 2026, 7:05 AM ET

Option Care Health Announces Financial Results for the First Quarter Ended March 31, 2026

Option Care Health reported first quarter 2026 net revenue of $1,350.7 million, a 1.3% year-over-year increase.
GAAP net income decreased 3.0% to $45.3 million, while GAAP diluted earnings per share rose 3.6% to $0.29.
Adjusted EBITDA fell 6.3% to $104.8 million, with adjusted diluted earnings per share remaining flat at $0.40.
The company used $12.1 million in cash from operating activities and repurchased $17.5 million of stock during the quarter.
The revolving credit facility was expanded from $400 million to $850 million.
CEO John C. Rademacher stated the quarter showed mixed performance with revenue growth momentum that the company is not satisfied with.
Updated full year 2026 guidance includes net revenue of $5.675 billion to $5.775 billion.
Full year 2026 adjusted diluted earnings per share guidance is set at $1.82 to $1.92.
Full year 2026 adjusted EBITDA guidance ranges from $480 million to $505 million.
Full year 2026 cash provided by operating activities is expected to be at least $320 million.
A conference call to discuss these results was scheduled for April 30, 2026, at 8:30 a.m. ET.
Total assets stood at $3.38 billion as of March 31, 2026, down from $3.46 billion at the end of 2025.
Cash and cash equivalents decreased to $177.3 million at the end of the quarter from $232.6 million at the start.