U.S. Physical Therapy Quarterly Cash Flow Statement
NYSE: USPHHealth CareMedical/Nursing ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
U.S. Physical Therapy free cash flow
In the quarter ended Jun 30, 2026, U.S. Physical Therapy generated $34.4 million of operating cash flow and spent $5.4 million on capital expenditures. That left free cash flow of $29.0 million, a free-cash-flow margin of 13.6% of revenue. Free cash flow was down 8.2% from the prior year's $31.6 million.
Summary generated from market data by MetaCap's automated system. Methodology
U.S. Physical Therapy cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 14.90M | 8.16M | 9.18M | 17.64M | 17.72M | 13.47M | 12.49M | 9.78M | 11.71M | 11.62M | -1.29M | 12.22M |
| Net Income growth (YoY) | -15.93% | -39.44% | -26.56% | +80.44% | +51.30% | +15.93% | — | -20.00% | -21.21% | +1.66% | -138.62% | -4.67% |
| Depreciation & Amortization | 5.93M | 6.00M | 4.63M | 5.83M | 6.06M | 5.87M | 5.68M | 4.39M | 4.51M | 4.09M | 4.11M | 3.97M |
| Stock-Based Compensation | 3.17M | 2.31M | 2.12M | 2.26M | 2.12M | 1.77M | 1.99M | 1.92M | 1.92M | 2.00M | 1.78M | 1.86M |
| Change in Working Capital | 5.32M | -15.70M | 2.50M | -10.10M | 5.21M | -27.78M | 1.22M | 2.56M | 4.00M | -12.23M | 2.71M | -4.91M |
| Operating Cash Flow | 34.37M | 3.81M | 24.93M | 19.94M | 34.86M | -4.67M | 19.41M | 22.12M | 28.99M | 4.42M | 26.84M | 16.36M |
| Capital Expenditures | -5.36M | -5.37M | -3.93M | -4.32M | -3.25M | -2.58M | -2.49M | -2.52M | -2.34M | -1.84M | -2.22M | -2.55M |
| Investing Cash Flow | -6.41M | -39.80M | -5.44M | -11.94M | -12.71M | -6.63M | -94.85M | -5.84M | -28.29M | -20.46M | -8.41M | -16.94M |
| Dividends Paid | — | — | -6.84M | -6.84M | — | — | -6.64M | -6.63M | — | — | -6.45M | -6.45M |
| Debt Issued | — | — | — | — | — | — | — | — | — | — | 0 | 0 |
| Debt Repaid | 0 | -1.88M | -1.88M | -1.88M | -1.88M | -3.75M | 0 | -1.88M | -937.00K | -938.00K | -937.00K | -938.00K |
| Financing Cash Flow | -31.52M | 28.86M | -15.02M | -10.99M | -27.25M | 9.12M | -153.00K | -12.23M | -20.08M | -4.49M | -13.28M | -12.48M |
| Net Change in Cash | -3.55M | -7.13M | 4.47M | -2.98M | -5.10M | -2.18M | -75.60M | 4.05M | -19.38M | -20.54M | 5.14M | -13.05M |
| Free Cash Flow | 29.01M | -1.56M | 21.01M | 15.63M | 31.61M | -7.25M | 16.92M | 19.60M | 26.66M | 2.58M | 24.61M | 13.81M |
This table shows 12 quarterly periods of U.S. Physical Therapy's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow USPH's reporting calendar. What is a cash flow statement?