Park Dental posts record FY 2025 revenue $244.5M (+6.4%); Q4 net loss widens on IPO costs

Park Dental Partners, Inc.

FY revenue $244.5M (+6.4% YoY); Q4 revenue $61.2M (+7.5%) on 6.3% same-practice growth.
FY adjusted EBITDA $22.0M (+13.7%); margin 9.0% (+60bps). Q4 adj EBITDA $3.7M (flat).
Q4 net loss $5.7M vs $0.2M loss prior year; diluted EPS ($2.31) vs ($0.13).
IPO closed Dec 2025: raised $20M gross; cash $25.2M, debt $10.1M, undrawn $15M revolver.
2026 outlook: revenue $254-258M (+4.7% mid), adj EBITDA $21-23M, same-practice growth 3.5-5%.

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