v3.25.2
Condensed Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues [Abstract]        
Total revenue $ 1,645,280 $ 1,470,920 $ 3,142,514 $ 2,909,966
Expenses:        
Salaries and benefits 671,697 624,058 1,329,349 1,245,567
Professional fees 297,012 271,903 577,869 536,597
Supplies 270,639 259,391 529,494 517,172
Other operating expenses 163,698 115,319 294,465 237,151
Interest expense 14,729 18,160 28,905 37,421
Depreciation and amortization 39,309 36,312 75,510 71,663
Loss on extinguishment and modification of debt 0 1,898 0 1,898
Other non-operating losses (gains) 560 (255) (20,723) (255)
Total operating expenses 1,523,288 1,388,737 2,946,324 2,771,219
Income before income taxes 121,992 82,183 196,190 138,747
Income tax expense 26,291 15,222 41,524 25,935
Net income 95,701 66,961 154,666 112,812
Net income attributable to noncontrolling interests 22,751 24,191 40,333 42,995
Net income attributable to Ardent Health, Inc. $ 72,950 $ 42,770 $ 114,333 $ 69,817
Net income per share:        
Net income per common share, basic (in USD per share) $ 0.52 $ 0.34 $ 0.82 $ 0.55
Net income per common share, diluted (in USD per share) $ 0.52 $ 0.34 $ 0.81 $ 0.55
Weighted-average common shares outstanding:        
Weighted average number of common shares, basic (in shares) 140,374,892 126,115,301 140,219,452 126,115,301
Weighted average number of common shares, diluted (in shares) 141,517,661 126,115,301 141,111,732 126,115,301
Nonrelated Party        
Expenses:        
Rents and leases $ 27,825 $ 24,986 $ 55,586 $ 49,841
Related Party        
Expenses:        
Rents and leases $ 37,819 $ 36,965 $ 75,869 $ 74,164