secwatch.observer — SEC 8-K summary
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Issuer:     TENET HEALTHCARE CORP (THC)
CIK:        0000070318
Form:       8-K
Filed at:   2026-07-23T20:07:58+00:00
Accession:  0000070318-26-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70318/000007031826000032/0000070318-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70318/000007031826000032/thc-20260723.htm
  HTML page:      https://secwatch.observer/filing/0000070318-26-000032

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