---
schema_version: "secwatch.filing_event.v1"
accession: "0000885978-26-000042"
form_type: "8-K"
ticker: "USPH"
cik: "0000885978"
company_name: "U S PHYSICAL THERAPY INC /NV"
filed_at: "2026-08-06T20:10:10+00:00"
generated_at: "2026-08-06T20:13:32.785509+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# USPH Q2 GAAP EPS falls to $0.25 from $0.58; revenue up 8.5%; reaffirms FY guidance

## Summary
- Q2 2026 net revenue $214.1M (+8.5% YoY); GAAP EPS $0.25 vs $0.58; adjusted EBITDA $27.0M vs $26.9M.
- Physical therapy net revenue $182.4M (+8.4%); visits up 6.6%; net revenue per visit $107.59 (+$2.26).
- Board declared $0.46 quarterly dividend, payable Sept 11, 2026 to holders of record Aug 21.
- Three 2026 acquisitions totaling $37.6M; July 1 added 12 clinics for $16.4M.
- Full-year 2026 adjusted EBITDA guidance reaffirmed at $102M-$106M.

## SEC filing metadata
- accession: 0000885978-26-000042
- form_type: 8-K
- ticker: USPH
- cik: 0000885978
- company_name: U S PHYSICAL THERAPY INC /NV
- filed_at: 2026-08-06T20:10:10+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885978/000088597826000042/0000885978-26-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885978/000088597826000042/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885978-26-000042
- JSON: https://secwatch.observer/filing/0000885978-26-000042.json
- Plain text: https://secwatch.observer/filing/0000885978-26-000042.txt

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