U S Physical Therapy Inc revenue
U S Physical Therapy Inc's revenue was $781m in fiscal 2025, up 16.3% on the year before. Since fiscal 2009 ($201m) it has grown at a compound 8.8% a year. Over the last twelve months it was $812m.
Revenue history
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 201 | 211 | 232 | 250 | 264 | 305 | 331 | 357 | 414 | 454 | 482 | 423 | 495 | 553 | 605 | 671 | 781 | 812 |
| Growth on the year before | — | +4.9% | +9.6% | +7.8% | +5.8% | +15.5% | +8.6% | +7.6% | +16.1% | +9.6% | +6.2% | −12.2% | +17.0% | +11.7% | +9.3% | +11.0% | +16.3% | — |
| Gross profit | — | 56 | 56 | 63 | 65 | 76 | 78 | 82 | 91 | 102 | 112 | 94 | 117 | 112 | 122 | 124 | 150 | 152 |
| Gross margin | — | 26.5% | 24.1% | 25.2% | 24.5% | 25.0% | 23.7% | 23.0% | 21.9% | 22.4% | 23.3% | 22.3% | 23.7% | 20.3% | 20.1% | 18.5% | 19.2% | 18.7% |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Physical Therapy Operations | $667M | 85.4% | ▲ 16.0% |
| Industrial Injury Prevention Services Revenues | $114M | 14.6% | ▲ 18.0% |
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Net Patient Revenues | $650M | 82.3% | ▲ 16.0% |
| Other Revenues Including Management Contract Revenues and Industrial Injury Prevention Services Revenues | $131M | 16.5% | ▲ 17.8% |
| Management Contract Revenues | $9.6M | 1.2% | ▼ 2.0% |
From U S Physical Therapy Inc's 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| U S Physical Therapy Inc | $812m | 11.3% | 11.8% |
| Corvel Corp | $984m | 7.1% | 10.3% |
| Innovage Holding Corp. | $990m | 15.9% | 12.9% |
| Pennant Group, Inc. | $1.10bn | 37.9% | 30.0% |
| Starling Oncology, Inc. | $587m | 38.4% | 26.1% |
| Guardant Health, Inc. | $1.18bn | 42.7% | 32.4% |
Compare with peers
- Corvel Corp revenue
- Innovage Holding Corp. revenue
- Pennant Group, Inc. revenue
- Starling Oncology, Inc. revenue
- Guardant Health, Inc. revenue
Head to head: CRVL vs USPHINNV vs USPHPNTG vs USPHSTLN vs USPH
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