---
schema_version: "secwatch.filing_event.v1"
accession: "0000070318-26-000032"
form_type: "8-K"
ticker: "THC"
cik: "0000070318"
company_name: "TENET HEALTHCARE CORP"
filed_at: "2026-07-23T20:07:58+00:00"
generated_at: "2026-07-23T20:09:18.654803+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tenet Q2 net income $826M, EPS $9.84; raises FY2026 EBITDA guidance to $4.83-5.03B

## Summary
- Net income $826M ($9.84 diluted) vs $288M ($3.14) YoY; adjusted EPS $6.12 vs $4.02, up 52.2%.
- Consolidated Adjusted EBITDA $1.304B, up 16.3% YoY; margin 23.2%.
- Board authorized $2.0B increase to share repurchase program; $2.13B remaining.
- FY2026 Adjusted EBITDA outlook raised to $4.83-5.03B (midpoint +$295M); adjusted FCF outlook $2.725-3.025B.
- Hospital EBITDA $762M (18.0% margin) vs $623M (15.6%); Ambulatory EBITDA $542M (39.0% margin).

## SEC filing metadata
- accession: 0000070318-26-000032
- form_type: 8-K
- ticker: THC
- cik: 0000070318
- company_name: TENET HEALTHCARE CORP
- filed_at: 2026-07-23T20:07:58+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70318/000007031826000032/0000070318-26-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70318/000007031826000032/thc-20260723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070318-26-000032
- JSON: https://secwatch.observer/filing/0000070318-26-000032.json
- Plain text: https://secwatch.observer/filing/0000070318-26-000032.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.