NASDAQ$SGRY

Surgery Partners Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Surgery Partners reported Q1 2025 total revenues of $776.0M with a net loss attributable to common stockholders of $37.7M.

Total revenues rose 8.2% to $776.0 million as same-facility revenue grew 5.2% on higher case volumes. Net loss attributable to Surgery Partners was $37.7 million versus $12.4 million a year ago. Adjusted EBITDA increased 6.6% to $103.9 million on revenue growth and cost initiatives.

  • Q1 total revenues $776.0M (+8.2% YoY).
  • Net loss attributable to the company $37.7M.
  • Days-adjusted same-facility revenue +5.2% with cases +6.5%.
  • Adjusted EBITDA $103.9M (+6.6% YoY).

Headline financials

Total Revenue

$776M

Previous: $717M+8.2%
EPS (adj)

$0.04

Previous: -$0.10+140.0%
Cases

160.3K

No prior period
Revenue per Case

$4.84K

Previous: $4.68K+3.5%
Capital Expenditures

-$22.7M

Previous: -$21M-8.1%
Net Income

-$37.7M

Previous: -$12.4M-204.0%
Operating Income

$61.9M

Previous: $76M-18.6%

Revenue & EPS history

Surgery Partners · Revenue · Quarterly

$776M

Q1 2025+8.2%vs Q1 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

Outlook focuses on volumes, pricing, and capital spending across core operations.

Tailwinds

  • Same-store or same-venue growth initiatives.
  • Cost programs and portfolio actions support margins.

Headwinds

  • Macro traffic and seasonal demand volatility.
  • Labor, fuel, or interest expense pressure.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.2%

Avg return

Earnings day

+0.0%

Avg return

5 days after

-1.2%

Avg return

30 days after

57%

28 / 49 earnings

Positive

+26.2%

Q2 2020

Best reaction

-35.9%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%+1.7%-3.7%
Q4 2025-12.5%-15.9%-23.3%
Q3 2025-25.4%-28.9%-23.1%
Q1 2025+5.1%+8.0%+4.6%
Q4 2024-0.3%-0.1%-2.2%
Q3 2024-18.8%-27.0%-35.6%
Q2 2024-0.4%+3.6%+7.9%
Q1 2024+6.1%+3.9%+1.3%
Q4 2023-3.6%-5.6%-9.4%
Q3 2023+10.4%+5.5%+30.9%
Q2 2023-4.0%-4.6%-6.1%
Q1 2023-6.3%-11.2%-5.5%
Q4 2022-1.8%-0.5%+3.0%
Q3 2022-11.7%+17.9%+5.7%
Q2 2022-2.5%-1.7%-30.6%
Q1 2022+11.2%+0.8%-21.3%
Q4 2021+4.7%+1.6%+6.4%
Q3 2021+17.7%+22.8%+13.0%
Q2 2021-13.1%-15.2%-8.6%
Q1 2021+5.2%+2.1%+22.6%
Q4 2020+3.4%+7.2%+11.9%
Q3 2020-5.8%+0.7%+14.0%
Q2 2020+26.2%+26.1%+25.3%
Q1 2020+1.2%-9.7%+34.5%
Q4 2019-29.6%-34.8%-68.6%
Q3 2019+22.4%+35.2%+60.8%
Q2 2019+7.9%-4.1%+0.3%
Q1 2019-5.1%-6.7%-19.9%
Q4 2018+5.4%+9.0%-9.6%
Q3 2018+6.2%+0.7%-6.7%
Q2 2018+13.0%+10.8%-2.2%
Q1 2018+7.0%+16.1%-12.9%
Q4 2017+0.9%+6.0%+8.2%
Q3 2017+18.5%+8.0%+14.8%
Q2 2017-35.9%-41.4%-47.5%
Q1 2017+17.4%+21.0%+22.1%
Q4 2016-10.2%-6.9%-9.3%
Q3 2016-8.4%-2.8%-7.8%
Q2 2016+1.0%+10.3%+19.2%
Q1 2015-2.7%
Q1 2016-7.6%
Q2 2015+13.1%
Q1 2014+13.1%
Q4 2013+13.1%
Q2 2014+13.1%
Q4 2015+17.1%
Q3 2014+2.8%
Q4 2014+2.8%
Q3 2015-0.2%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro