v3.26.1
Earnings (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of calculation of basic and diluted earnings (loss) per share
Computations of basic and diluted net income (loss) per share were as follows (in thousands, except per share data):
Three Months Ended March 31,
20262025
Numerator
Net loss attributable to AdaptHealth Corp.$(16,040)$(7,207)
Less: Earnings allocated to participating securities (1)
— — 
Net loss for basic and diluted EPS$(16,040)$(7,207)
Denominator
Basic weighted-average common shares outstanding135,779134,799
Add: Stock options (2)
Add: Unvested restricted stock units (2)
Diluted weighted-average common shares outstanding135,779134,799
Basic net loss per share$(0.12)$(0.05)
Diluted net loss per share$(0.12)$(0.05)
(1)The Company’s preferred stock are considered participating securities. Computation of EPS under the two-class method excludes from the numerator any dividends paid or owed on participating securities and any undistributed earnings considered to be attributable to participating securities. The related participating securities are similarly excluded from the denominator. There were no amounts allocated to the participating securities during the three months ended March 31, 2026 and 2025 due to the net loss reported in those periods.
Schedule of antidilutive securities excluded from computation of earnings per share
The table below provides the weighted-average number of potential common shares associated with outstanding securities not included in the Company’s computation of diluted net loss per share for the three months ended March 31, 2026 and 2025 because to do so would be anti-dilutive (in thousands):
Three Months Ended March 31,
20262025
Preferred Stock12,40612,406
Stock options8551,361
Unvested restricted stock units5,6104,656
Total18,87118,423