Exhibit 99.1

 

LOGO

Lumexa Imaging Announces Second Quarter 2026 Results

RALEIGH, N. C., August 12, 2026—Lumexa Imaging (Nasdaq: LMRI), one of the nation’s largest providers of outpatient imaging services, today reported results for the second quarter ended June 30, 2026, and updated its full year 2026 outlook.

“During the second quarter, we continued to build on our momentum, delivering strong same-center growth, expanding our mix of advanced imaging and ramping new centers,” said Caitlin Zulla, Chief Executive Officer of Lumexa Imaging. “Some highlights include announcing four new imaging centers year to date and a joint venture with Hospital for Special Surgery (HSS), a globally recognized leader in musculoskeletal health, marking our ninth health system partnership and our second new joint venture in the past twelve months.”

“With a large and growing addressable market and durable demand tailwinds, we believe Lumexa Imaging is well positioned to deliver sustained, profitable growth while expanding access to high-quality, lower-cost imaging for patients, providers, and payors.”

Second Quarter 2026 Highlights:

All comparisons are to the quarter ended June 30, 2025, unless otherwise noted

 

   

Consolidated revenues of $264.2 million, an increase of 5.1% from $251.4 million

 

   

System-wide revenue growth of 6.0%

 

   

Consolidated advanced outpatient volume growth of 6.8% and 6.3% system-wide

 

   

Same-center advanced outpatient volume growth of 5.2% consolidated and 4.9% system-wide

 

   

Net income of $2.7 million as compared to net loss of $7.2 million

 

   

Adjusted EBITDA of $56.4 million as compared to $56.3 million; and a 21.4% Adjusted EBITDA margin as compared to 22.4%

 

   

GAAP EPS of $0.03 per share and Adjusted EPS of $0.20 per share

2026 Full Year Outlook:

Lumexa Imaging provided an update on its guidance for the full year ended December 31, 2026.

 

   

Reiterating full-year 2026 consolidated revenue guidance of $1.045 billion to $1.097 billion.

 

   

Narrowing its full-year 2026 Adjusted EBITDA guidance range to $235 million to $241 million, from its prior range of $234 million to $242 million. The midpoint of $238 million is unchanged. This includes approximately $7 million of public company costs that were not incurred in 2025. (At the midpoint of guidance, the addition of these costs lowers Adjusted EBITDA growth for 2026 versus 2025 from 7% to 4%)

 

   

Reiterating guidance for Adjusted EPS of $0.71 to $0.77 per share.


Lumexa Imaging Earnings Conference Call and Webcast

Lumexa Imaging will host a conference call to discuss its second quarter 2026 results, as well as its 2026 outlook, on August 12, 2026 at 5:00 p.m. ET. The call can be accessed via live audio webcast online at ir.lumexaimaging.com. A replay of the webcast will be available at the same link shortly after the completion of the call and will remain available for approximately one year.

Statement Regarding Use of Non-GAAP Financial Measures

This press release uses Adjusted EBITDA and Adjusted EPS, financial measures that are not calculated in accordance with GAAP. We use Adjusted EBITDA and Adjusted EPS, in conjunction with GAAP financial measures, as an integral part of managing our business and to, among other things: (i) monitor and evaluate the performance of our business operations and financial performance; (ii) facilitate internal comparisons of the historical operating performance of our business operations; (iii) review and assess the operating performance of our management team; and (iv) analyze and evaluate financial and strategic planning decisions regarding future operations and annual operating budgets. For a reconciliation of Adjusted EBITDA and Adjusted EPS to the most directly comparable measure calculated in accordance with GAAP, please see below.

We have not reconciled our Adjusted EBITDA or Adjusted EPS guidance to their most directly comparable GAAP measures because we do not and are not able to provide guidance for those GAAP measures due to the uncertainty and potential variability of certain reconciling items, including transaction costs, severance and executive recruiting. Because such items cannot be provided without unreasonable efforts, we are unable to provide the corresponding reconciliations. However, such reconciling items could have a significant impact on our future results.

About Lumexa Imaging

Lumexa Imaging is a nationwide provider of outpatient medical imaging. With over 5,000 team members and greater than 190 outpatient imaging centers, our team conducted approximately 4 million outpatient procedures system-wide in 2025. We are a partner of choice for health systems and radiologists, delivering best-in-class clinical excellence, operations, and state-of-the-art technology across our platform.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this press release may be forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” or “will,” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements in this release include, but are not limited to, statements regarding our expectations regarding our financial position and operating performance,


including our guidance for full year 2026 and our assumptions underlying such guidance; our ability to drive future growth and execute on our goals and strategies; and our expectations regarding our product innovation. Our expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including but not limited to those risk factors identified in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our Annual Report on Form 10-K for the year ended December 31, 2025 and our later dated Quarterly Reports on Form 10-Q, each as filed with the Securities and Exchange Commission. The forward-looking statements in this press release are based on information available to us as of the date hereof, and we disclaim any obligations to update any forward-looking statements, except as required by law.

Investor Contact

Sue Dooley

Lumexa Imaging

Sue.Dooley@LumexaImaging.com

Media Contact

Melissa Weston

Lumexa Imaging

Melissa.Weston@LumexaImaging.com


Lumexa Imaging Q2 2026 Outpatient Volumes Highlights:

 

Consolidated    2Q26     2Q25     Increase
YoY
 

Consolidated total procedures

     617,722       602,366       2.5

Consolidated advanced procedures

     193,125       180,911       6.8

% advanced procedures

     31.3     30.0     123bps  

Consolidated same-center advanced volume growth

     —        —        5.2

System-wide

      

System-wide total procedures

     1,022,874       992,118       3.1

System-wide advanced procedures

     382,506       359,948       6.3

% advanced procedures

     37.4     36.3     111bps  

System-wide same-center advanced volume growth

     —        —        4.9
Note:

Advanced Procedures includes MRI and CT modalities. Center count at June 30, 2026 was 192 total, 88 JV and 104 consolidated.


LUMEXA IMAGING HOLDINGS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(IN THOUSANDS, EXCEPT FOR COMMON SHARES)

(Unaudited)

 

     June 30, 2026     December 31, 2025  

ASSETS

    

Cash and cash equivalents

   $ 69,705     $ 58,828  

Accounts receivable

     120,637       112,942  

Accounts receivable, related party

     20,024       18,893  

Other receivables

     31,552       19,015  

Prepaid expenses

     14,498       17,582  
  

 

 

   

 

 

 

Total current assets

     256,416       227,260  
  

 

 

   

 

 

 

Property and equipment, net of accumulated depreciation

     156,062       144,709  

Operating lease right-of-use assets

     77,033       76,555  

Investments in unconsolidated affiliates

     423,331       423,191  

Intangible assets, net of accumulated amortization

     39,722       41,335  

Goodwill

     807,554       807,554  

Other assets

     48,654       43,953  
  

 

 

   

 

 

 

TOTAL ASSETS

   $ 1,808,772     $ 1,764,557  
  

 

 

   

 

 

 

LIABILITIES AND EQUITY

    

Accounts payable

   $ 27,062     $ 44,857  

Accrued expenses and other current liabilities

     109,167       95,561  

Accounts receivable pledging arrangement

     1,267       1,599  

Current portion of long-term debt

     14,330       13,112  

Current portion of finance lease liabilities

     14,597       11,552  

Current portion of operating lease liabilities

     11,932       12,513  
  

 

 

   

 

 

 

Total current liabilities

     178,355       179,194  

Long-term debt, less current maturities

     819,753       819,029  

Long-term finance lease liabilities, less current maturities

     41,177       33,262  

Long-term operating lease liabilities, less current maturities

     72,296       71,437  

Deferred income taxes

     43,592       40,772  

Other liabilities

     38,538       34,740  
  

 

 

   

 

 

 

Total liabilities

     1,193,711       1,178,434  
  

 

 

   

 

 

 

COMMITMENTS AND CONTINGENCIES

    

EQUITY:

    

Common stock, $0.001 par value, 1,000,000,000 shares authorized, 96,074,976 shares issued and outstanding at June 30, 2026 and 96,109,927 shares issued and outstanding at December 31, 2025

     96       96  

Additional paid-in-capital

     1,241,563       1,217,087  

Accumulated deficit

     (626,598     (631,060
  

 

 

   

 

 

 

Total equity

     615,061       586,123  
  

 

 

   

 

 

 

TOTAL LIABILITIES AND EQUITY

   $   1,808,772     $   1,764,557  
  

 

 

   

 

 

 


LUMEXA IMAGING HOLDINGS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

(IN THOUSANDS, EXCEPT FOR SHARE AND PER SHARE DATA)

(Unaudited)

 

     Three Months Ended June 30,  
     2026     2025  

REVENUES:

    

Net patient service revenue

   $ 203,735     $ 198,185  

Management fee and other revenue

     60,427       53,217  
  

 

 

   

 

 

 

Total revenues

     264,162       251,402  

OPERATING EXPENSES:

    

Cost of operations, excluding depreciation and amortization

     225,285       212,265  

General and administrative expenses

     24,397       18,689  

Depreciation and amortization

     10,083       9,279  

(Gain) loss on disposal of property and equipment

     (24     16  
  

 

 

   

 

 

 

Total operating expenses

     259,741       240,249  
  

 

 

   

 

 

 

Equity in earnings of unconsolidated affiliates

     18,619       16,527  
  

 

 

   

 

 

 

INCOME FROM OPERATIONS

     23,040       27,680  

OTHER EXPENSES:

    

Interest expense

     16,222       30,097  

Loss on extinguishment and modification of debt

     1,053       —   
  

 

 

   

 

 

 

Total other expenses

     17,275       30,097  
  

 

 

   

 

 

 

INCOME (LOSS) BEFORE INCOME TAXES

     5,765       (2,417

Income tax provision

     3,020       4,809  
  

 

 

   

 

 

 

NET INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS)

   $ 2,745     $ (7,226
  

 

 

   

 

 

 

Weighted average shares outstanding:

    

Basic

     95,983,246       69,526,574  

Diluted

     96,039,426       69,526,574  

Net income (loss) per common share

    

Basic

   $ 0.03     $ (0.10

Diluted

   $ 0.03     $ (0.10


LUMEXA IMAGING HOLDINGS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

(IN THOUSANDS, EXCEPT FOR SHARE AND PER SHARE DATA)

(Unaudited)

 

     Six Months Ended June 30,  
     2026      2025  

REVENUES:

     

Net patient service revenue

   $ 401,053      $ 390,483  

Management fee and other revenue

     115,646        105,920  
  

 

 

    

 

 

 

Total revenues

     516,699        496,403  

OPERATING EXPENSES:

     

Cost of operations, excluding depreciation and amortization

     443,040        420,662  

General and administrative expenses

     44,732        36,181  

Depreciation and amortization

     20,005        18,330  

(Gain) loss on disposal of property and equipment

     113        (146
  

 

 

    

 

 

 

Total operating expenses

     507,890        475,027  
  

 

 

    

 

 

 

Equity in earnings of unconsolidated affiliates

     33,643        31,845  
  

 

 

    

 

 

 

INCOME FROM OPERATIONS

     42,452        53,221  

OTHER EXPENSES:

     

Interest expense

     32,553        59,946  

Loss on extinguishment and modification of debt

     1,053        —   
  

 

 

    

 

 

 

Total other expenses

     33,606        59,946  
  

 

 

    

 

 

 

INCOME (LOSS) BEFORE INCOME TAXES

     8,846        (6,725

Income tax provision

     4,384        8,188  
  

 

 

    

 

 

 

NET INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS)

   $ 4,462      $ (14,913
  

 

 

    

 

 

 

Weighted average shares outstanding:

     

Basic

     95,983,240        69,524,980  

Diluted

     96,011,335        69,524,980  

Net income (loss) per common share

     

Basic

   $ 0.05      $ (0.21

Diluted

   $ 0.05      $ (0.21


LUMEXA IMAGING HOLDINGS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(IN THOUSANDS)

(Unaudited)

 

     Six Months Ended June 30,  
     2026     2025  

CASH FLOWS FROM OPERATING ACTIVITIES:

    

Net income (loss)

   $ 4,462     $ (14,913

Adjustments to reconcile net income (loss) to net cash provided by operating activities

    

Depreciation and amortization

     20,005       18,330  

Amortization of operating lease right-of-use assets

     7,956       7,424  

Amortization of debt issuance costs

     1,437       2,871  

Amortization of cloud computing implementation costs

     760       184  

Write-off of debt issuance costs related to extinguishment of debt

     46       —   

Equity in earnings of unconsolidated affiliates

     (33,643     (31,845

Distributions from investments in unconsolidated affiliates

     36,869       32,820  

Loss on disposal of property and equipment

     113       (146

Deferred income taxes

     2,820       1,477  

Stock-based compensation

     25,011       14,720  

Other

     (535     —   

Changes in operating assets and liabilities:

    

Accounts receivable

     (7,695     (6,870

Accounts receivable, related party

     (1,131     (2,035

Capitalized cloud computing implementation costs

     (1,647     (1,421

Other receivables

     (12,537     (5,410

Prepaid expenses

     3,034       (7,028

Other assets

     (4,723     (11,311

Accounts payable

     (18,596     1,214  

Accrued expenses and other current liabilities

     18,085       (11,002

Other liabilities

     3,798       7,018  

Operating lease liabilities

     (8,156     (5,966
  

 

 

   

 

 

 

Net cash provided by (used in) operating activities

     35,733       (11,889
  

 

 

   

 

 

 

CASH FLOWS FROM INVESTING ACTIVITIES:

    

Proceeds from sale or disposal of property and equipment

     40       713  

Acquisition of intangible asset

     (600     —   

Purchases of property and equipment

     (14,985     (5,602

Contributions to investments in unconsolidated affiliates

     (3,366     —   
  

 

 

   

 

 

 

Net cash used in investing activities

     (18,911     (4,889
  

 

 

   

 

 

 

CASH FLOWS FROM FINANCING ACTIVITIES:

    

Payment of third-party debt issuance costs

     (154     —   

Proceeds from long-term debt

     9,536       496  

Payments of long-term debt

     (8,393     (7,821

Proceeds from revolving line of credit

     —        5,000  

Payments of finance lease liabilities

     (6,602     (2,998

Capital contributions

     —        715  

Repayments on accounts receivable pledging arrangement

     (332     —   
  

 

 

   

 

 

 

Net cash used in financing activities

     (5,945     (4,608
  

 

 

   

 

 

 

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

     10,877       (21,386

CASH AND CASH EQUIVALENTS, beginning of period

     58,828       26,131  
  

 

 

   

 

 

 

CASH AND CASH EQUIVALENTS, end of period

   $   69,705     $   4,745  
  

 

 

   

 

 

 


LUMEXA IMAGING HOLDINGS, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP NET INCOME (LOSS) TO ADJUSTED EBITDA

(IN THOUSANDS)

(Unaudited)

 

     Three Months Ended June 30,  
     2026     2025  

Net income (loss)

   $ 2,745     $ (7,226

Depreciation and amortization

     10,083       9,279  

Income tax provision

     3,020       4,809  

Amortization of basis difference

     573       500  

Interest expense

     16,222       30,097  

Stock-based compensation

     12,737       8,346  

Loss on extinguishment and modification of debt

     1,053       —   

Loss (gain) on disposal of property and equipment

     (24     16  

Severance and executive recruiting(1)

     686       803  

Strategic initiatives and implementation(2)

     2,659       1,018  

Transaction costs(3)

     707       3,875  

Litigation and settlements(4)

     1,173       —   

Other(5)

     87       142  

Adjustments for equity in earnings of unconsolidated affiliates(6)

     4,724       4,615  
  

 

 

   

 

 

 

Adjusted EBITDA

   $   56,445     $   56,274  
  

 

 

   

 

 

 

 

(1) 

Includes severance and recruiting expenses for executive leadership departures as part of strategic organizational changes.

(2) 

Includes third-party consulting, implementation, and integration expenses incurred as part of our strategic transformation and optimization initiatives, specifically related to the deployment of a new technology system and labor model, as well as the development, customization, and integration of a new enterprise resource planning system.

(3) 

Includes costs for third party non-recurring IPO costs, buy-side and sell-side due diligence activities to evaluate and execute potential mergers and acquisitions, integrate acquired businesses and one-time employee retention bonuses related to potential mergers and acquisitions.

(4) 

Consists of litigation and settlement costs for matters not related to core operations.

(5) 

Consists of other costs related to debt financing, certain de novo start-up costs related to outpatient imaging centers and certain exit costs related to closed outpatient imaging centers.

(6)

To adjust for Lumexa Imaging’s proportional share of depreciation and amortization, interest expense and losses/gains on asset disposals, which are included in equity in earnings from unconsolidated affiliates.


LUMEXA IMAGING HOLDINGS, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP NET INCOME (LOSS) TO ADJUSTED EBITDA

(IN THOUSANDS)

(Unaudited)

 

     Six Months Ended June 30,  
     2026      2025  

Net income (loss)

   $ 4,462      $ (14,913

Depreciation and amortization

     20,005        18,330  

Income tax provision

     4,384        8,188  

Amortization of basis difference

     1,105        1,000  

Interest expense

     32,553        59,946  

Stock-based compensation

     25,011        14,720  

Loss on extinguishment and modification of debt

     1,053        —   

Loss (gain) on disposal of property and equipment

     113        (146

Severance and executive recruiting(1)

     1,631        2,173  

Strategic initiatives and implementation(2)

     3,484        1,886  

Transaction costs(3)

     3,289        7,464  

Litigation and settlements(4)

     1,202        (128

Other(5)

     82        158  

Adjustments for equity in earnings of unconsolidated affiliates(6)

     9,270        8,596  
  

 

 

    

 

 

 

Adjusted EBITDA

   $   107,644      $   107,274  
  

 

 

    

 

 

 

 

(1) 

Includes severance and recruiting expenses for executive leadership departures as part of strategic organizational changes.

(2) 

Includes third-party consulting, implementation, and integration expenses incurred as part of our strategic transformation and optimization initiatives, specifically related to the deployment of a new technology system and labor model, as well as the development, customization, and integration of a new enterprise resource planning system.

(3) 

Includes costs for third party non-recurring IPO costs, buy-side and sell-side due diligence activities to evaluate and execute potential mergers and acquisitions, integrate acquired businesses and one-time employee retention bonuses related to potential mergers and acquisitions.

(4) 

Consists of litigation and settlement costs for matters not related to core operations.

(5) 

Consists of other costs related to debt financing, certain de novo start-up costs related to outpatient imaging centers and certain exit costs related to closed outpatient imaging centers.

(6)

To adjust for Lumexa Imaging’s proportional share of depreciation and amortization, interest expense and losses/gains on asset disposals, which are included in equity in earnings from unconsolidated affiliates.


LUMEXA IMAGING HOLDINGS, INC. AND SUBSIDIARIES

SCHEDULE OF ADJUSTED EARNINGS AND EARNINGS PER SHARE

(IN THOUSANDS, EXCEPT PER SHARE DATA)

(Unaudited)

 

     Three Months Ended June 30,  
     2026     2025  

 

Net income (loss)

   $ 2,745     $ (7,226
  

 

 

   

 

 

 

Stock-based compensation

     12,737       8,346  

Loss (gain) on disposal of property and equipment

     (24     16  

Loss on extinguishment and modification of debt

     1,053       —   

Severance and executive recruiting(1)

     686       803  

Strategic initiatives and implementation(2)

     2,659       1,018  

Transaction costs(3)

     707       3,875  

Litigation and settlements(4)

     1,173       —   

Other(5)

     87       142  

Adjustments for equity in earnings of unconsolidated affiliates(6)

     199       81  
  

 

 

   

 

 

 

Total adjustments

     19,277       14,281  

Tax impact of adjustments(7)

     (2,493     (1,484
  

 

 

   

 

 

 

Adjusted net income

   $ 19,529     $ 5,571  
  

 

 

   

 

 

 

Weighted average shares outstanding

    

Basic

     95,983,246       69,526,574  

Diluted

     96,039,426       69,526,574  

Adjusted basic net income per share

   $ 0.20     $ 0.08  

Adjusted diluted net income per share

   $ 0.20     $ 0.08  

 

(1) 

Includes severance and recruiting expenses for executive leadership departures as part of strategic organizational changes.

(2) 

Includes third-party consulting, implementation, and integration expenses incurred as part of our strategic transformation and optimization initiatives, specifically related to the deployment of a new technology system and labor model, as well as the development, customization, and integration of a new enterprise resource planning system.

(3) 

Includes costs for third party non-recurring IPO costs, buy-side and sell-side due diligence activities to evaluate and execute potential mergers and acquisitions, integrate acquired businesses and one-time employee retention bonuses related to potential mergers and acquisitions.

(4) 

Consists of litigation and settlement costs for matters not related to core operations.

(5) 

Consists of other costs related to debt financing, certain de novo start-up costs related to outpatient imaging centers and certain exit costs related to closed outpatient imaging centers.

(6)

To adjust for Lumexa Imaging’s proportional share of losses/gains on asset disposals, which are included in equity in earnings from unconsolidated affiliates.

(7)

Tax effected adjustments using blended federal and state effective income tax rate.


LUMEXA IMAGING HOLDINGS, INC. AND SUBSIDIARIES

SCHEDULE OF ADJUSTED EARNINGS AND EARNINGS PER SHARE

(IN THOUSANDS, EXCEPT PER SHARE DATA)

(Unaudited)

 

     Six Months Ended June 30,  
     2026     2025  

Net income (loss)

   $ 4,462     $ (14,913
  

 

 

   

 

 

 

Stock-based compensation

     25,011       14,720  

Loss (gain) on disposal of property and equipment

     113       (146

Loss on extinguishment and modification of debt

     1,053       —   

Severance and executive recruiting(1)

     1,631       2,173  

Strategic initiatives and implementation(2)

     3,484       1,886  

Transaction costs(3)

     3,289       7,464  

Litigation and settlements(4)

     1,202       (128

Other(5)

     82       158  

Adjustments for equity in earnings of unconsolidated affiliates(6)

     595       54  
  

 

 

   

 

 

 

Total adjustments

     36,460       26,181  

Tax impact of adjustments(7)

     (4,461     (2,865
  

 

 

   

 

 

 

Adjusted net income

   $ 36,461     $ 8,403  
  

 

 

   

 

 

 

Weighted average shares outstanding

    

Basic

     95,983,240       69,524,980  

Diluted

     96,011,335       69,524,980  

Adjusted basic net income per share

   $ 0.38     $ 0.12  

Adjusted diluted net income per share

   $ 0.38     $ 0.12  

 

(1) 

Includes severance and recruiting expenses for executive leadership departures as part of strategic organizational changes.

(2) 

Includes third-party consulting, implementation, and integration expenses incurred as part of our strategic transformation and optimization initiatives, specifically related to the deployment of a new technology system and labor model, as well as the development, customization, and integration of a new enterprise resource planning system.

(3) 

Includes costs for third party non-recurring IPO costs, buy-side and sell-side due diligence activities to evaluate and execute potential mergers and acquisitions, integrate acquired businesses and one-time employee retention bonuses related to potential mergers and acquisitions.

(4) 

Consists of litigation and settlement costs for matters not related to core operations.

(5) 

Consists of other costs related to debt financing, certain de novo start-up costs related to outpatient imaging centers and certain exit costs related to closed outpatient imaging centers.

(6)

To adjust for Lumexa Imaging’s proportional share of losses/gains on asset disposals, which are included in equity in earnings from unconsolidated affiliates.

(7)

Tax effected adjustments using blended federal and state effective income tax rate.


LUMEXA IMAGING HOLDINGS, INC. AND SUBSIDIARIES

DETAILS OF MANAGEMENT FEE AND OTHER REVENUES

(IN THOUSANDS)

(Unaudited)

 

     Three Months Ended June 30,  
     2026      2025  

Components of “management fee and other revenues:”

     

Fees for managing joint ventured outpatient sites and other third party services

   $ 26,103      $ 20,578  

Zero margin pass-throughs of employee, IT and other site level costs paid by Lumexa

     34,324        32,639  
  

 

 

    

 

 

 

Total revenues

   $ 60,427      $ 53,217  
  

 

 

    

 

 

 
     Six Months Ended June 30,  
     2026      2025  

Components of “management fee and other revenues:”

     

Fees for managing joint ventured outpatient sites and other third party services

   $ 47,601      $ 40,654  

Zero margin pass-throughs of employee, IT and other site level costs paid by Lumexa

     68,045        65,266  
  

 

 

    

 

 

 

Total revenues

   $   115,646      $   105,920  
  

 

 

    

 

 

 


LUMEXA IMAGING HOLDINGS, INC. AND SUBSIDIARIES

SEGMENT REVENUES

(IN THOUSANDS)

(Unaudited)

 

     THREE MONTHS ENDED JUNE 30, 2026  
     OUTPATIENT      PROFESSIONAL      INTERSEGMENT
ELIMINATIONS
    TOTAL OF
REPORTABLE
SEGMENTS
 

Revenue

          

Net patient service revenue

   $ 143,747      $ 64,280      $ (4,292   $ 203,735  

Management fee and other revenue

     52,462        7,965        —        60,427  
  

 

 

    

 

 

    

 

 

   

 

 

 

Total revenues

   $ 196,209      $ 72,245      $ (4,292   $ 264,162