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CareRx (CRRX) investor relations material
CareRx Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue rose 2.2% YoY to $95.280M as average beds serviced reached 93,225; Adjusted EBITDA was $8.064M and net income was $0.241M.
9M revenue increased 3.1% to $282.774M and Adjusted EBITDA rose 1.6% to $24.505M; net income declined 24.2% to $1.773M.
~3,000 retirement residents were substantially onboarded under a long-term national seniors-home operator contract.
Financial highlights
Q3 revenue was $95.280M vs. $93.220M YoY; operating income was $2.776M vs. $3.239M.
Q3 Adjusted EBITDA was $8.064M vs. $8.345M; net income was $0.241M vs. $1.550M YoY.
Q3 cash provided by operations was $6.461M vs. $10.076M YoY; 9M cash provided by operations was $17.079M vs. $21.219M.
Q3 operating expenses rose 2.8% YoY to $87.2M, primarily reflecting more beds serviced.
Outlook and guidance
Q4 is expected to capture the full benefit of all ~3,000 beds being onboarded from October 1, with no recurring onboarding-related one-time expenses.
New customer wins and onboarding are expected to continue, though timing is lumpy and some wins may move into the new year.
Growth priorities include expanding beds, services and geographies, pursuing accretive acquisitions, and improving margin and cash generation.
- Rapidly expanding senior care pharmacy leverages stable contracts and M&A for growth.CRRX
Investor presentation - Revenue and EBITDA stable; 3,000-bed contract win and dividend hike drive growth outlook.CRRX
Q2 2026 - Revenue, EBITDA, and margins rose; Ontario funding changes may reduce 2026 fees.CRRX
Q1 2026 - Rapidly growing senior care pharmacy with strong financials and stable, recurring revenue.CRRX
Investor presentation - Strong revenue, margin, and net income growth, plus new dividends and share buybacks.CRRX
Q4 2025 - Adjusted EBITDA rose to $7.8M with margin and net loss improving; growth outlook remains strong.CRRX
Q3 2024 - Q2 2024 revenue was $92M, adjusted EBITDA rose to $7.5M, and margins improved to 8.2%.CRRX
Q2 2024 - Stable revenue, margin gains, and new growth initiatives drive improved profitability.CRRX
Q1 2025 - Revenue and EBITDA grew, debt fell by CAD 21.8M, and operational efficiency improved.CRRX
Q4 2024
Next CareRx earnings date
Next CareRx earnings date
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