v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenues $ 848.9 $ 826.2 $ 1,659.8 $ 1,602.2
Operating expenses:        
Salaries and benefits 253.1 235.2 500.5 473.8
Supplies 226.8 215.0 447.0 430.8
Professional and medical fees 102.8 102.1 204.1 197.4
Lease expense 24.2 22.9 47.2 43.7
Other operating expenses 51.8 55.4 110.6 99.0
Cost of revenues 658.7 630.6 1,309.4 1,244.7
General and administrative expenses 36.3 36.1 75.6 72.1
Depreciation and amortization 39.3 40.3 77.8 76.6
Transaction and integration costs 18.4 18.1 34.0 42.8
Net (gain) loss on disposals, consolidations and deconsolidations 2.4 (3.0) 6.7 3.4
Equity in earnings of unconsolidated affiliates (6.4) (5.5) (10.5) (11.1)
Litigation settlements 0.0 0.0 2.5 2.2
Other income, net (1.9) (2.1) (3.6) (2.1)
Total operating expenses 746.8 714.5 1,491.9 1,428.6
Operating income 102.1 111.7 167.9 173.6
Interest expense, net (69.8) (67.9) (138.9) (130.1)
Income (loss) before income taxes 32.3 43.8 29.0 43.5
Income tax (expense) benefit (2.6) 1.1 (1.4) 1.1
Net income (loss) 29.7 44.9 27.6 44.6
Less: Net income attributable to non-controlling interests (44.7) (47.4) (78.5) (84.8)
Net income (loss) attributable to Surgery Partners, Inc. $ (15.0) $ (2.5) $ (50.9) $ (40.2)
Net income (loss) per share attributable to common stockholders:        
Basic (in USD per share) $ (0.12) $ (0.02) $ (0.40) $ (0.32)
Diluted (in USD per share) [1] $ (0.12) $ (0.02) $ (0.40) $ (0.32)
Weighted average common shares outstanding:        
Basic (shares) 128,825 126,980 128,597 126,792
Diluted (shares) [1] 128,825 126,980 128,597 126,792
[1] The impact of potentially dilutive securities for all periods was not considered because the effect would be anti-dilutive.