MODVQ · As filed with the SEC
ModivCare income statement, by quarter
The statement as ModivCare presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
(Debtor-in-Possession) Unaudited Condensed Consolidated Statements of Operations · USD thousands, except per-share amounts
| USD thousands, except per-share amounts | Q3 2025 3 months ended Sep 30, 2025 | Q2 2025 3 months ended Jun 30, 2025 | Q1 2025 3 months ended Mar 31, 2025 | Q4 2024† 3 months ended Dec 31, 2024 |
|---|---|---|---|---|
| Service revenue, net | 679,707 | 659,553 | 650,654 | 702,799† |
| Grant income (Note 2) | — | — | — | 0† |
| Operating expenses: | ||||
| Service expense | 584,130 | 570,647 | 552,988 | 597,615† |
| General and administrative expense | 84,351 | 70,581 | 78,589 | 74,246† |
| Depreciation and amortization | 23,295 | 23,414 | 23,519 | 26,670† |
| Impairment of goodwill | 0 | 263,394 | — | 0† |
| Total operating expenses | 691,776 | 928,036 | 655,096 | 698,531† |
| Operating income (loss) | (12,069) | (268,483) | (4,442) | 4,268† |
| Interest expense, net | 14,467 | 37,109 | 38,837 | 26,924† |
| Loss on debt extinguishment | 0 | — | — | 0† |
| Reorganization items, net | 53,482 | — | — | — |
| Loss before income taxes and equity method investment | (80,018) | (305,592) | (43,279) | (22,656)† |
| Income tax benefit | 7,505 | (76) | (3,547) | 3,451† |
| Equity in net loss of investee, net of tax | (618) | 1,979 | (3,551) | (4,285)† |
| Net loss | (73,131) | (303,689) | (50,377) | (23,490)† |
| Loss per common share: | ||||
| Basic (in dollars per share) | (5.08) | (21.16) | (3.52) | — |
| Diluted (in dollars per share) | (5.08) | (21.16) | (3.52) | — |
| Weighted-average number of common shares outstanding: | ||||
| Basic (in shares) | 14,400,841 | 14,353,053 | 14,328,736 | — |
| Diluted (in shares) | 14,400,841 | 14,353,053 | 14,328,736 | — |
† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.