v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 182.3 $ 239.9
Accounts receivable 603.4 602.2
Inventories 100.5 96.6
Prepaid expenses 38.8 41.1
Other current assets 157.5 170.9
Total current assets 1,082.5 1,150.7
Property and equipment, net of accumulated depreciation of $686.0 and $651.2, respectively 1,134.9 1,153.4
Goodwill and other intangible assets, net 5,245.0 5,235.6
Investments in and advances to affiliates 225.4 234.0
Right-of-use operating lease assets 281.5 289.2
Other long-term assets 72.8 56.8
Total assets 8,042.1 8,119.7
Current liabilities:    
Accounts payable 168.6 208.7
Accrued payroll and benefits 77.1 64.9
Other current liabilities 235.6 242.6
Current maturities of long-term debt 100.4 99.3
Total current liabilities 581.7 615.5
Long-term debt, less current maturities 3,613.5 3,602.9
Right-of-use operating lease liabilities 271.9 279.9
Long-term deferred tax liabilities 52.1 53.4
Other long-term liabilities 41.6 41.2
Non-controlling interests—redeemable 383.4 395.5
Stockholders' equity:    
Preferred stock, $0.01 par value; shares authorized - 20,310,000; shares issued or outstanding - none 0.0 0.0
Common stock, $0.01 par value; shares authorized - 300,000,000; shares issued and outstanding - 130,797,216 and 129,321,144, respectively 1.3 1.3
Additional paid-in capital 2,548.3 2,540.6
Accumulated other comprehensive income (loss) (10.5) (13.8)
Retained deficit (851.1) (815.2)
Total Surgery Partners, Inc. stockholders' equity 1,688.0 1,712.9
Non-controlling interests—non-redeemable 1,409.9 1,418.4
Total stockholders' equity 3,097.9 3,131.3
Total liabilities and stockholders' equity $ 8,042.1 $ 8,119.7