AMN Healthcare Q3 revenue down 8% to $635M; adjusted EPS falls 36%

AMN HEALTHCARE SERVICES INC

2025-Q3 EPS reported -$2.29 revenue$1,982,204,000

GAAP net income $29.3M ($0.76 diluted EPS) vs $7.0M ($0.18) a year ago; adjusted EPS $0.39, down 36%.
Revenue $634.5M, down 8% YoY; year-to-date revenue $1,982.2M, down 12%.
Adjusted EBITDA $57.5M, down 22% YoY; adjusted EBITDA margin 9.1% vs 10.7% in Q3 2024.
Gross profit $184.4M (-13% YoY); gross margin declined to 29.1% from 30.9%.
Nurse and allied staffing softness drove revenue decline; management cited ongoing demand headwinds.

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