U.S. Physical Therapy, Inc.

Healthcare · Medical Care Facilities

82.50$ +0.0% vs. previous close Closing price · As of: Sep 21, 2026

Statements

Income Statement

U.S. Physical Therapy, Inc. (USPH) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Revenue" came in at 781 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement USPH
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	32	39	44	50	63	81	95	106	118	132	135	152	188	201	211	237	252	264	305	331	357	414	454	482	423	495	553	605	671	781
Cost of Revenue	22	27	31	34	43	55	65	75	85	96	99	114	140	146	152	173	190	199	229	253	275	323	352	369	329	378	441	483	547	624
Gross Profit	10	12	13	16	20	26	30	31	33	36	36	37	48	55	59	64	63	65	76	78	82	91	102	112	94	117	112	122	124	157
Research & Development	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–
Selling, General & Administrative	4.8	4.8	5.6	6.5	7.6	9.1	11	14	17	16	17	17	24	23	23	25	25	26	30	31	32	36	41	45	42	47	46	52	58	–
Total Operating Expenses	6.5	6.7	7.7	8.6	9.9	9.1	11	14	17	17	17	17	24	27	26	29	25	26	30	31	32	36	41	45	42	47	55	69	61	77
Operating Income	3.6	4.8	5.5	7.3	10	17	19	17	16	19	19	20	24	28	33	36	38	39	46	47	50	55	60	67	52	71	57	52	63	80
Interest Expense	0.7	0.0	0.7	0.7	0.8	0.3	0.2	0.2	0.0	0.4	0.0	0.3	0.5	0.4	0.2	0.5	0.6	0.5	7.5	7.2	11	21	2.0	2.1	1.6	0.9	5.8	9.3	8.0	9.5
Pre-Tax Income	1.7	2.5	2.7	4.0	6.1	12	14	12	11	14	13	14	17	28	34	41	37	38	45	46	38	34	60	71	66	73	56	49	60	78
Income Tax Expense	0.1	0.1	1.1	1.6	2.4	4.4	5.2	4.5	4.1	5.5	5.1	5.5	6.5	8.1	8.8	11	11	12	14	15	12	6.0	11	14	13	15	12	12	15	20
Net Income	1.6	2.4	1.6	2.4	3.7	7.1	8.5	7.3	6.7	8.8	6.3	8.9	10	12	16	21	18	13	20	22	21	22	10	28	31	28	28	15	26	15
EBITDA	5.3	6.7	7.6	9.4	13	20	22	21	21	25	23	25	30	34	39	47	43	44	53	55	58	65	72	83	78	86	76	74	87	110

Data as of: September 21, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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