v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents [1] $ 724,476 $ 709,601
Accounts receivable [1] 695,950 686,102
Inventories [1] 116,022 118,593
Prepaid expenses [1] 147,895 112,646
Other current assets [1] 370,533 431,882
Total current assets [1] 2,054,876 2,058,824
Property and equipment, net [1] 920,044 935,769
Goodwill [1] 879,262 879,451
Other intangible assets [1] 87,678 89,335
Deferred income taxes [1] 5,821 6,888
Other assets [1] 123,655 111,691
Total assets [1] 5,280,078 5,290,208
Current liabilities:    
Current installments of long-term debt [1] 28,572 23,444
Accounts payable [1] 429,769 457,936
Accrued salaries and benefits [1] 279,244 296,260
Other accrued expenses and liabilities [1] 238,738 268,904
Total current liabilities [1] 976,323 1,046,544
Long-term debt, less current installments [1] 1,073,210 1,075,782
Self-insured liabilities [1] 242,771 241,050
Other long-term liabilities [1] 81,824 76,636
Total liabilities [1] 3,538,674 3,605,244
Commitments and contingencies (see Note 9) [1]
Redeemable noncontrolling interests [1] (4,658) (1,250)
Equity:    
Preferred stock, par value $0.01 per share; 50,000,000 shares authorized; no shares issued and outstanding [1] 0 0
Common stock, par value $0.01 per share; 750,000,000 shares authorized; 141,910,898 and 142,864,171 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively [1] 1,419 1,429
Additional paid-in capital [1] 791,411 788,472
Accumulated other comprehensive loss [1] (638) (3,610)
Retained earnings [1] 558,356 501,607
Equity attributable to Ardent Health, Inc. [1] 1,350,548 1,287,898
Noncontrolling interests [1] 395,514 398,316
Total equity [1] 1,746,062 1,686,214
Total liabilities and equity [1] 5,280,078 5,290,208
Nonrelated Party    
Current assets:    
Operating lease right of use assets [1] 300,509 292,651
Current liabilities:    
Long-term operating lease liability [1] 268,054 260,600
Related Party    
Current assets:    
Operating lease right of use assets [1] 908,233 915,599
Current liabilities:    
Long-term operating lease liability [1] $ 896,492 $ 904,632
[1] As of June 30, 2026 and December 31, 2025, the unaudited condensed consolidated balance sheets included total liabilities of consolidated variable interest entities of $331.2
million and $335.1 million, respectively. Refer to Note 2, Summary of Significant Accounting Policies, for further discussion.