Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2025

The following table sets forth the computation of basic and diluted net income per share (in thousands, except share and per

share amounts):


	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
Basic:
Net income attributable to common stockholders	$72,950	$42,770	$114,333	$69,817
Weighted-average number of common shares	140,374,892	126,115,301	140,219,452	126,115,301
Net income per common share	$0.52	$0.34	$0.82	$0.55

Diluted:
Net income attributable to common stockholders	$72,950	$42,770	$114,333	$69,817
Weighted-average number of common shares	141,517,661	126,115,301	141,111,732	126,115,301
Net income per common share	$0.52	$0.34	$0.81	$0.55

The following table sets forth the components of the denominator for the computation of basic and diluted net income per

share for net income attributable to Ardent Health, Inc. stockholders:


	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
Weighted-average number of common shares - basic	140,374,892	126,115,301	140,219,452	126,115,301
Effect of dilutive securities(1)	1,142,769	—	892,280	—
Weighted-average number of common shares - diluted	141,517,661	126,115,301	141,111,732	126,115,301

(1)The effect of dilutive securities does not reflect 850,744 and 641,768 weighted-average potential common shares from restricted stock awards and

restricted stock units for the three and six months ended June 30, 2025, respectively, because their effect was antidilutive as calculated under the

treasury stock method.