newsfilter
← Latest News
Business Wire·

TruBridge Announces Fourth Quarter and Full Year 2025 Results

  • TruBridge announced financial results for the fourth quarter and full year ended December 31, 2025.
  • Q4 2025 total bookings were $19.8 million compared to $14.3 million in Q4 2024.
  • Q4 2025 total revenue was $87.2 million compared to $88.1 million in Q4 2024.
  • Recurring revenue represented 94% of total revenue in Q4 2025.
  • Financial Health revenue for Q4 2025 was $56.2 million, representing 65% of total revenue.
  • GAAP net loss for Q4 2025 was $5.5 million compared to $5.1 million in Q4 2024.
  • Non-GAAP net income for Q4 2025 was $11.4 million compared to $1.1 million in Q4 2024.
  • Adjusted EBITDA for Q4 2025 was $19.2 million compared to $17.9 million in Q4 2024.
  • Full year 2025 total bookings were $82.9 million compared to $82.1 million in 2024.
  • Full year 2025 total revenue was $346.8 million compared to $342.2 million in 2024.
  • Full year 2025 GAAP net income was $4.4 million compared to a net loss of $20.9 million in 2024.
  • Full year 2025 Non-GAAP net income was $38.5 million compared to $4.6 million in 2024.
  • Full year 2025 Adjusted EBITDA was $68.7 million compared to $55.9 million in 2024.
  • CEO Chris Fowler stated the company improved earnings quality through cost management, offshoring, margin enhancement, and operational changes.
  • The company plans to pursue a targeted AI initiative in 2026 to enhance offerings, modernize infrastructure, and improve customer experience.
  • TruBridge is engaged in a strategic review process with outside advisors to consider alternatives like asset sales, joint ventures, or share repurchases.
  • The company revised previously issued financial statements for 2023, 2024, and interim 2025 periods due to immaterial misstatements regarding revenue timing, contract costs, and capitalized software development costs.
  • The revisions were deemed not material to the consolidated financial statements for the affected periods.
  • A conference call to discuss results was scheduled for March 31, 2026, at 3:30 p.m. Central time.
  • TruBridge supports rural hospitals with technology solutions including revenue cycle management, electronic health records, and analytics.
  • As of December 31, 2025, cash and cash equivalents were $24.85 million.
  • Total assets as of December 31, 2025, were $402.5 million compared to $395.8 million in 2024.