For the year ending 2025-12-31, SGRY made $3,308.7M in revenue. -$77.9M in net income. Net profit margin of -2.35%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenues | 3,308.7 | 3,114.3 | 2,743.3 | 2,539.3 |
| Salaries and benefits | 971 | 907.5 | 793.8 | 746.4 |
| Supplies | 878.9 | 812.9 | 745 | 709.7 |
| Professional and medical fees | 404.5 | 357.1 | 296.8 | 269.2 |
| Lease expense | 87.9 | 89.5 | 84.9 | 82.4 |
| Other operating expenses | 201.4 | 201.7 | 175.3 | 156.7 |
| Cost of revenues | 2,543.7 | 2,368.7 | 2,095.8 | 1,964.4 |
| General and administrative expenses | 118.2 | 138.7 | 120.9 | 102.2 |
| Depreciation and amortization | 176 | 152.6 | 118.1 | 114.8 |
| Transaction and integration costs | 73.9 | 100.1 | 61.7 | 47.5 |
| Grant funds | - | - | 1.1 | 2.4 |
| Net loss on disposals, consolidations and deconsolidations | -30.4 | -40.6 | -14.4 | -11.1 |
| Equity in earnings of unconsolidated affiliates | 22.9 | 19.5 | 14.2 | 12.5 |
| Litigation settlements | -7.3 | 0.8 | -10.6 | 29.3 |
| Loss on debt extinguishment | -1.3 | -5.1 | -15.5 | -14.9 |
| Impairment charges | - | - | - | 0 |
| Other income, net | -8.7 | -20 | -6.4 | -16.6 |
| Total operating expenses | 2,919.2 | 2,765.5 | 2,415.3 | 2,194.1 |
| Operating income | 389.5 | 348.8 | 328 | 345.2 |
| Interest expense, net | -272.6 | -201.7 | -193 | -234.9 |
| Income before income taxes | 116.9 | 147.1 | 135 | 110.3 |
| Income tax (expense) benefit | 18 | 134.6 | -0.3 | 23.3 |
| Net income | 98.9 | 12.5 | 135.3 | 87 |
| Less net income attributable to non-controlling interests | 176.8 | 180.6 | 147.2 | 141.6 |
| Net loss attributable to surgery partners, inc | -77.9 | -168.1 | -11.9 | -54.6 |
| Less amounts attributable to participating securities | - | - | 0 | 0 |
| Net loss attributable to common stockholders | - | - | - | -54.6 |
| Net loss attributable to common stockholders (diluted) | - | - | -11.9 | - |
| Basic EPS | -0.61 | -1.33 | -0.09 | -0.59 |
| Diluted EPS | -0.61 | -1.33 | -0.09 | -0.59 |
| Basic Average Shares | 127,209,000 | 126,122,000 | 125,613,000 | 91,952,000 |
| Diluted Average Shares | 127,209,000 | 126,122,000 | 125,613,000 | 91,952,000 |
Surgery Partners, Inc. (SGRY)
Surgery Partners, Inc. (SGRY)