Option Care Health, Inc. Announces First Quarter 2026 Financial Results

Option Care Health, Inc. reported its first quarter 2026 financial results on April 30, 2026. The company announced a net revenue of $1,350.7 million, a 1.3% increase year-over-year. GAAP Net income was $45.3 million, a decrease of 3.0%, and GAAP diluted earnings per share were $0.29, up 3.6%. Adjusted EBITDA was $104.8 million, down 6.3%, while Adjusted diluted earnings per share remained flat at $0.40. The company used $12.1 million in operating activities and repurchased $17.5 million of stock. The revolving credit facility was expanded from $400 million to $850 million. Option Care Health is experiencing a mixed performance, with strong execution in acute care but a transitional period for chronic care. The company has updated its full-year 2026 guidance, expecting net revenue between $5.675 billion and $5.775 billion, Adjusted diluted earnings per share of $1.82 to $1.92, and Adjusted EBITDA of $480 million to $505 million. They anticipate at least $320 million in cash provided by operating activities. The company is taking actions to re-accelerate revenue growth.