Addus HomeCare Reports Strong Q3 2026 Results Driven by Organic Growth and Acquisitions
Addus HomeCare (ADUS) delivered robust third-quarter 2026 financial results, highlighted by a 7% increase in net service revenues to $387.7 million. The company achieved an adjusted EPS of $1.83, representing a 17.3% year-over-year increase, supported by improved operating leverage and cost discipline. Key growth drivers included the integration of HomeCourt Home Care and significant organic expansion in personal care services. The company is positioned for further scale through its definitive agreement to acquire AccentCare assets for $275 million, which is expected to add approximately $280 million in annualized revenue. Despite a slight increase in Days Sales Outstanding (DSO) due to state payment cycles, Addus maintained strong liquidity with $98.5 million in cash on hand and successfully reduced bank debt by $40 million during the quarter.
Tickers: $ADUS
Topics: acquisition earnings report EPS increase revenue growth