USPh - U.S. Physical Therapy Inc. reported FY 2025 net revenue of USD 781.0 million (+16.3%) and net income attributable to shareholders of USD 39.6 million, with earnings per share of USD 1.42. Non-GAAP Adjusted EBITDA was USD 95.0 million (+16.2%) and non-GAAP Operating Results were USD 40.0 million (+8.4%), or USD 2.63 per share. In Q4 2025, USPh posted net revenue of USD 202.7 million and net revenue from physical therapy operations of USD 173.8 million (+13.0%), with net rate per patient visit of USD 106.49 and total patient visits of 1,593,336 (+11.2%). Q4 net income attributable to shareholders was USD 4.2 million, while non-GAAP Adjusted EBITDA was USD 24.8 million (+13.5%) and non-GAAP Operating Results were USD 10.2 million, or USD 0.67 per share. Q4 industrial injury prevention services revenue was USD 28.9 million (+8.7%) and gross profit margin was 17.1%. USPh ended 2025 with 780 clinics (up from 761 a year earlier) after adding 11 and closing 10 clinics in Q4, and repurchased 81,322 shares for USD 5.6 million in Q4. The board raised the quarterly dividend to USD 0.46 per share (payable April 10, 2026). Recent updates included an eight-clinic acquisition (50% interest) completed January 2, 2026, an industrial injury prevention acquisition (70% interest) completed January 31, 2026, and two 10-year hospital alliances announced in February 2026 (60 Metro clinics in New York and 10 clinics with another partner), with management guiding 2026 Adjusted EBITDA of USD 102.0 million to USD 106.0 million. The company also announced that CFO Carey Hendrickson will resign on April 24, 2026, with Jason Curtis serving as interim CFO.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. USPh - U.S. Physical Therapy Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260225473885) on February 25, 2026, and is solely responsible for the information contained therein.