Earnings Releases·Nov 13, 2026, 6:50 AM ET

SBC Medical Group Holdings — Third Quarter 2026 Earnings Summary

Third quarter total revenues reached $59 million, a 35% year-over-year increase, while income from operations rose 66% year-over-year to $26 million with an operating margin of 45%.
Net income attributable to SBC Medical increased 22% year-over-year to $16 million for the quarter, and adjusted EBITDA grew 66% year-over-year to $28 million, expanding margins by 9 percentage points.
The clinic network expanded by 36 locations year-over-year to 293 sites, with patient visits up 9% to 7.06 million over the trailing twelve months.
Management intends to deploy its $198 million cash position toward disciplined growth, including international expansion in the U.S. and ASEAN markets and investments in AI and technology to improve clinic efficiency.
Strategic initiatives include the consolidation of Waqoo, a capital alliance with Atomic Software, and the development of a proprietary local large language model for secure medical data usage.