v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 47,964 $ 106,136
Accounts receivable 391,966 370,897
Inventory 159,269 151,247
Prepaid and other current assets 88,277 100,619
Total current assets 687,476 728,899
Equipment and other fixed assets, net 622,185 509,956
Operating lease right-of-use assets 122,972 111,968
Finance lease right-of-use assets 49,918 52,300
Goodwill 2,567,365 2,541,428
Identifiable intangible assets, net 80,232 85,121
Deferred income taxes, net 275,061 267,786
Other assets 18,798 19,119
Total Assets 4,424,007 4,316,577
Current liabilities:    
Accounts payable and accrued expenses 601,392 553,700
Current portion of long-term debt 24,375 20,313
Current portion of operating lease obligations 34,035 30,728
Current portion of finance lease obligations 19,863 17,702
Contract liabilities 59,729 59,843
Other liabilities 3,893 30,106
Total current liabilities 743,287 712,392
Long-term debt, less current portion 1,798,902 1,715,983
Operating lease obligations, less current portion 93,528 85,470
Finance lease obligations, less current portion 30,004 32,604
Other long-term liabilities 243,805 243,804
Total Liabilities 2,909,526 2,790,253
Commitments and contingencies (note 15)
Stockholders' Equity:    
Common Stock, par value of $0.0001 per share, 300,000,000 shares authorized; 136,013,322 and 135,450,364 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 14 13
Preferred Stock, par value of $0.0001 per share, 5,000,000 shares authorized; 124,060 shares issued and outstanding as of March 31, 2026 and December 31, 2025 1 1
Treasury stock, at cost (2,935,035 shares at March 31, 2026 and December 31, 2025) (25,548) (25,548)
Additional paid-in capital 2,181,619 2,176,990
Accumulated deficit (649,012) (632,972)
Accumulated other comprehensive income 0 78
Total stockholders' equity attributable to AdaptHealth Corp. 1,507,074 1,518,562
Noncontrolling interest in subsidiary 7,407 7,762
Total Stockholders' Equity 1,514,481 1,526,324
Total Liabilities and Stockholders' Equity $ 4,424,007 $ 4,316,577