DaVita income statement
In fiscal 2025, DaVita reported revenue of $13.64bn, up 6.5% on the year before, operating income of $2.04bn (a 15.0% margin) and net income of $747m, or $9.84 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.7 | 10.9 | 11.4 | 11.4 | 11.6 | 11.6 | 11.6 | 12.1 | 12.8 | 13.6 | 14.2 |
| General and administrative | 1.1 | 1.1 | 1.1 | 1.1 | 1.2 | 1.2 | 1.4 | 1.5 | 1.5 | 1.7 | 1.7 |
| Operating income | 2.0 | 1.8 | 1.5 | 1.6 | 1.7 | 1.8 | 1.3 | 1.6 | 2.1 | 2.0 | 2.1 |
| Interest expense | 0.4 | 0.4 | 0.5 | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | — |
| Income before tax | 1.6 | 1.4 | 1.0 | 1.2 | 1.3 | 1.5 | 1.0 | 1.2 | 1.5 | 1.3 | 1.5 |
| Income tax | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 |
| Net income | 0.9 | 0.7 | 0.2 | 0.8 | 0.8 | 1.0 | 0.6 | 0.7 | 0.9 | 0.7 | 0.9 |
| Diluted EPS | $4.29 | $3.47 | $0.92 | $5.27 | $6.31 | $8.90 | $5.85 | $7.42 | $10.73 | $9.84 | $13.55 |
| Diluted shares (average) | 205m | 191m | 172m | 154m | 123m | 110m | 96m | 93m | 87m | 76m | 68m |
| EBITDA | 2.5 | 2.4 | 2.1 | 2.2 | 2.3 | 2.5 | 2.1 | 2.3 | 2.8 | 2.8 | 2.8 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,295 | 3,224 | 3,380 | 3,420 | 3,620 | 3,416 | 3,554 | 3,578 |
| General and administrative | 414 | 374 | 413 | 414 | 472 | 422 | 423 | 409 |
| Operating income | 565 | 439 | 538 | 506 | 561 | 482 | 579 | 499 |
| Income before tax | 414 | 286 | 369 | 309 | 383 | 341 | 435 | 359 |
| Income tax | 64 | 54 | 94 | 69 | 77 | 66 | 92 | 89 |
| Net income | 259 | 163 | 199 | 150 | 234 | 198 | 265 | 223 |
| Diluted EPS | $3.07 | $2.00 | $2.58 | $2.04 | $3.22 | $2.87 | $4.02 | $3.40 |
| EBITDA | 732 | 615 | 713 | 683 | 741 | 660 | 747 | 664 |
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