SEM · As filed with the SEC

Select Medical Holdings income statement, by quarter

The statement as Select Medical Holdings 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.

Condensed Consolidated Statements of Operations (unaudited) · USD thousands, except per-share amounts

USD thousands, except per-share amounts	Q1 2026 3 months ended Mar 31, 2026	Q4 2025^† 3 months ended Dec 31, 2025	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
Revenue	1,421,476	1,396,634^†	1,363,445	1,339,579	1,353,172	1,312,564^†
Costs and expenses:
Cost of services, exclusive of depreciation and amortization	1,246,008	1,250,800^†	1,215,995	1,184,129	1,172,611	1,175,099^†
General and administrative	39,384	45,693^†	40,050	35,663	33,008	80,197^†
Depreciation and amortization	—	36,205^†	34,442	34,848	34,808	36,283^†
Depreciation and amortization	37,666	—	—	—	—	—
Total costs and expenses	1,323,058	1,332,698^†	1,290,487	1,254,640	1,240,427	1,291,579^†
Other operating income	—	0^†	0	1,592	0	106^†
Income from operations	98,418	63,936^†	72,958	86,531	112,745	21,091^†
Other income and expense:
Loss on early retirement of debt	—	0^†	0	—	—	(17,906)^†
Equity in earnings of unconsolidated subsidiaries	—	15,399^†	12,992	13,618	12,512	10,423^†
Equity in earnings of unconsolidated subsidiaries	12,011	—	—	—	—	—
Interest expense	(28,336)	(28,871)^†	(30,021)	(29,978)	(29,072)	(28,551)^†
Income before income taxes	82,093	50,464^†	55,929	70,171	96,185	(14,943)^†
Income tax expense	18,318	12,722^†	11,749	12,292	21,453	(4,487)^†
Income from continuing operations, net of tax	—	37,742^†	44,180	57,879	74,732	(10,456)^†
Income from discontinued business	—	0^†	0	0	0	24,669^†
Income tax expense from discontinued business	—	0^†	0	0	0	10,457^†
Income from discontinued operations, net of tax	—	0^†	0	0	0	14,212^†
Net income	63,775	37,742^†	44,180	57,879	74,732	3,756^†
Less: Net income attributable to non-controlling interests	19,780	17,568^†	15,387	17,308	18,051	19,806^†
Net income attributable to Select Medical Holdings Corporation	43,995	20,174^†	28,793	40,571	56,681	(16,050)^†
Income from continuing operations, net of tax	—	20,174^†	28,793	40,571	56,681	(23,664)^†
Income from discontinued operations, net of tax	—	0^†	0	0	0	7,614^†
Earnings per common share (Note 11):
Continuing operations - basic (in dollars per share)	—	—	0.23	0.32	0.44	—
Continuing operations - diluted (in dollars per share)	—	—	0.23	0.32	0.44	—
Discontinued operations - basic (in dollars per share)	—	—	0.00	0.00	0.00	—
Discontinued operations - diluted (in dollars per share)	—	—	0.00	0.00	0.00	—
Basic (in dollars per share)	0.35	—	0.23	0.32	0.44	—
Diluted (in dollars per share)	0.35	—	0.23	0.32	0.44	—

† 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.