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Tenet Reports Strong Third Quarter 2026 Results; Raises 2026 Financial Outlook

Business Wire•29/10/2026•06:45 ET
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Key Highlights

  • ➤Net income $1.000 billion, or $12.41 per diluted share, versus $342 million, or $3.86
  • ➤Adjusted diluted EPS $6.64, up 79.5% year over year
  • ➤Adjusted EBITDA $1.355 billion, up 23.3%, with 24.1% margin
  • ➤FY 2026 Adjusted EBITDA outlook raised to $5.05-$5.20 billion
  • ➤FY 2026 Adjusted free cash flow outlook raised to $2.825-$3.125 billion

Expert Statements

Saum Sutaria, Chairman and Chief Executive Officer of Tenet Healthcare

“Our outperformance in the third quarter of 2026 was driven by sustained strength in same-store revenue growth and effective expense management.”

Saum Sutaria, Chairman and Chief Executive Officer of Tenet Healthcare

“Our focus on patient-centered care, support for physician partners, technology-enabled growth and operating initiatives continue to deliver strong margins and free cash flow.”

Tenet Reports Strong Third Quarter 2026 Results; Raises 2026 Financial Outlook

* Net income available to common shareholders in third quarter 2026 was $1.000 billion, or $12.41 per diluted share compared to $342 million, or $3.86 in third quarter 2025

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