USPH · U S Physical Therapy Inc /Nv · Earnings Call Transcripts & Audio
Market Cap
$1.17B
Shares
14.92M
U S Physical Therapy Inc Earnings Call Transcripts
Quarterly earnings calls for U S Physical Therapy Inc (USPH), with available speaker-labelled transcripts, captured audio replays, call highlights, 8-K earnings releases and periodic filings. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▲10.9%
$139.60M
$9.56M
'22 Q3
22-11-02
▲8.7%
$141.18M
$2.61M
'22 Q4
23-04-19
▲12.8%
$148.51M
$7.41M
'23 Q1
23-05-05
▲7.7%
$151.49M
$10.92M
'23 Q2
23-08-08
▲7.5%
$150.01M
$9.25M
'23 Q3
23-11-08
▲9.6%
$154.80M
$656,000
'23 Q4
24-02-28
▲4.8%
$155.68M
$8.05M
'24 Q1
24-03-31
▲10.4%
$167.19M
$7.51M
'24 Q2
24-06-30
▲12%
$168.03M
$6.63M
'24 Q3
24-09-30
▲16.6%
$180.45M
$9.24M
'24 Q4
24-12-31
▲18.1%
$183.79M
$9.90M
'25 Q1
25-05-07
▲18%
$197.34M
$12.39M
'25 Q2
25-08-07
▲17.3%
$197.13M
$13.14M
'25 Q3
25-11-06
▲12.3%
$202.73M
$4.15M
'25 Q4
26-02-26
▲7.9%
$198.29M
$5.04M
'26 Q1
26-05-07
LATEST
▲8.5%
$214.06M
$9.90M
'26 Q2
26-08-06
Earnings call
FY26 · Q2
2026-08-06
U S Physical Therapy Inc (USPH) Q2 2026 Earnings Call
Revenue
$214.06M
▲ 8.5% YoY Diluted EPS
$0.25
▼ 56.9% YoY Gross margin
19.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2026-05-07
U S Physical Therapy Inc (USPH) Q1 2026 Earnings Call Transcript
Confident tone
Hospital and health system partnerships (NYU, Gulf Coast)
Clinic development (de novos, acquisitions, partnerships)
Weather impact on Q1 visits
Revenue
$198.29M
▲ 7.9% YoY Diluted EPS
$-0.12
▼ 115% YoY Gross margin
16.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2026-02-26
U S Physical Therapy Inc (USPH) Q4 2025 Earnings Call Transcript
Confident tone
Commercial rate environment and payer dynamics
Cost management and operating leverage
Patient volumes and clinic productivity
Revenue
$202.73M*
▲ 12.3% YoY Gross margin
19.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-11-06
U S Physical Therapy Inc (USPH) Q3 2025 Earnings Call Transcript
Confident tone
Medicare reimbursement and CMS rate
Volume and clinic growth
Operating margin and cost management
Revenue
$197.13M
▲ 17.3% YoY Diluted EPS
$0.48
▲ 23.1% YoY Gross margin
18.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2025-08-07
U S Physical Therapy Inc (USPH) Q2 2025 Earnings Call Transcript
Confident tone
Industrial Injury Prevention segment
Adjusted EBITDA guidance raise
Cost management initiatives
Revenue
$197.34M
▲ 18% YoY Diluted EPS
$0.58
▲ 23.4% YoY Gross margin
21.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2025-05-07
U S Physical Therapy Inc (USPH) Q1 2025 Earnings Call Transcript
Positive tone
Volume and visit trends
Weather impact
Margins and cost management
Revenue
$183.79M
▲ 18.1% YoY Diluted EPS
$0.80
▲ 73.9% YoY Gross margin
16.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2024-12-31
U S Physical Therapy Inc (USPH) Q4 2024 Earnings Call Transcript
Confident tone
Reimbursement Rate / Net Rate
Capital Structure / Cash Flow
Patient Volume Growth
Revenue
$180.45M*
▲ 16.6% YoY Gross margin
18.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-09-30
U S Physical Therapy Inc (USPH) Q3 2024 Earnings Call Transcript
Positive tone
Medicare reimbursement risk
Patient visit volume and clinic demand
Government relations and advocacy
Revenue
$168.03M
▲ 12% YoY Diluted EPS
$0.39
▼ 23.5% YoY Gross margin
17.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2024-06-30
U S Physical Therapy Inc (USPH) Q2 2024 Earnings Call Transcript
Positive tone
Patient visit volumes and clinic productivity
Net rate and payer contract negotiations
Workers' compensation volume recovery
Revenue
$167.19M
▲ 10.4% YoY Diluted EPS
$0.47
▼ 26.6% YoY Gross margin
20.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2024-03-31
U S Physical Therapy Inc (USPH) Q1 2024 Earnings Call Transcript
Confident tone
Net rate and reimbursement
Injury prevention / Briotix acquisition
Demand and visit volumes
Revenue
$155.68M
▲ 4.8% YoY Diluted EPS
$0.46
▼ 20.7% YoY Gross margin
18.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2024-02-28
U S Physical Therapy Inc (USPH) Q4 2023 Earnings Call Transcript
Confident tone
Acquisitions and clinic expansion
Medicare / CMS rate cuts
Workers' compensation
Revenue
$154.80M*
▲ 9.6% YoY Gross margin
19.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2023-11-08
U S Physical Therapy Inc (USPH) Q3 2023 Earnings Call Transcript
Revenue
$150.01M
▲ 7.5% YoY Diluted EPS
$0.51
▼ 29.2% YoY Gross margin
18.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2023-08-08
U S Physical Therapy Inc (USPH) Q2 2023 Earnings Call Transcript
Revenue
$151.49M
▲ 7.7% YoY Diluted EPS
$0.64
▼ 26.4% YoY Gross margin
21.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2023-05-05
U S Physical Therapy Inc (USPH) Q1 2023 Earnings Call Transcript
Revenue
$148.51M
▲ 12.8% YoY Diluted EPS
$0.58
▼ 13.4% YoY Gross margin
20.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2023-04-19
U S Physical Therapy Inc (USPH) Q4 2022 Earnings Call Transcript
Revenue
$141.18M*
▲ 8.7% YoY Gross margin
19.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-11-02
U S Physical Therapy Inc (USPH) Q3 2022 Earnings Call Transcript
Revenue
$139.60M
▲ 10.9% YoY Diluted EPS
$0.72
▲ 9.1% YoY Gross margin
19.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2022-08-04
U S Physical Therapy Inc (USPH) Q2 2022 Earnings Call Transcript
Revenue
$140.66M
▲ 10.8% YoY Diluted EPS
$0.87
▲ 6.1% YoY Gross margin
21.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2022-05-05
U S Physical Therapy Inc (USPH) Q1 2022 Earnings Call Transcript
Revenue
$131.70M
▲ 17.2% YoY Diluted EPS
$0.67
▲ 219% YoY Gross margin
20.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2022-02-24
U S Physical Therapy Inc (USPH) Q4 2021 Earnings Call Transcript
Revenue
$129.83M*
▲ 8.7% YoY Gross margin
20.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2021-11-04
U S Physical Therapy Inc (USPH) Q3 2021 Earnings Call Transcript
Revenue
$125.89M
▲ 17.7% YoY Diluted EPS
$0.66
▲ 8.2% YoY Gross margin
23.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2021-08-05
U S Physical Therapy Inc (USPH) Q2 2021 Earnings Call Transcript
Revenue
$126.93M
▲ 51.4% YoY Diluted EPS
$0.82
▼ 17.2% YoY Gross margin
27.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2021-05-06
U S Physical Therapy Inc (USPH) Q1 2021 Earnings Call Transcript
Revenue
$112.37M
▼ 0.3% YoY Diluted EPS
$0.21
▲ 5% YoY Gross margin
23.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q4
2021-02-25
U S Physical Therapy Inc (USPH) Q4 2020 Earnings Call Transcript
Revenue
$119.47M*
▼ 2.2% YoY Gross margin
24.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY20 · Q3
2020-11-05
U S Physical Therapy Inc (USPH) Q3 2020 Earnings Call Transcript
Revenue
$106.92M
▼ 8.8% YoY Diluted EPS
$0.61
Gross margin
28.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q2
2020-08-06
U S Physical Therapy Inc (USPH) Q2 2020 Earnings Call Transcript
Revenue
$83.86M
▼ 33.6% YoY Diluted EPS
$0.99
Gross margin
23.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q1
2020-05-21
U S Physical Therapy Inc (USPH) Q1 2020 Earnings Call Transcript
Revenue
$112.72M
▼ 3% YoY Diluted EPS
$0.20
Gross margin
13.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY19 · Q4
2020-02-27
U S Physical Therapy Inc (USPH) Q4 2019 Earnings Call
Revenue
$122.11M
▲ 4.1% YoY Gross margin
22.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Showing 1–27 of 27 earnings calls