dentalcorp (DNTL) Q3 2025 earnings summary

Executive summary

• Revenue grew 11.9% year-over-year to $420.1 million in Q3 2025, with Same Practice Revenue Growth of 4.3%.

• Adjusted EBITDA increased 14.2% to $78.7 million, with margin expanding 30 basis points to 18.7%.

• Adjusted Free Cash Flow rose 20.7% to $43.7 million, and Adjusted Net Income reached $28.8 million.

• 13 new practice acquisitions expanded the network to 590 locations, expected to generate $8.4 million in PF Adjusted EBITDA after rent.

• 90.3% recurring patient visit rate achieved, reflecting strong patient demand.

Financial highlights

• Revenue for Q3 2025 was $420.1 million, up from $375.4 million in Q3 2024.

• Gross profit increased to $211.1 million from $186.5 million year-over-year.

• Adjusted EBITDA for Q3 2025 was $78.7 million, up from $68.9 million in Q3 2024.

• Adjusted Free Cash Flow per share was $0.22, up 15.8% year-over-year.

• Net loss for Q3 2025 was $4.9 million, compared to a net loss of $22.7 million in Q3 2024.

Outlook and guidance

• Financial outlook for future periods suspended due to pending acquisition by GTCR.