---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000620"
form_type: "8-K"
ticker: "ACHC"
cik: "0001520697"
company_name: "Acadia Healthcare Company, Inc."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:44:11.877140+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Acadia Healthcare Q1 revenue up 14.2% to $704.3M; affirms FY 2023 guidance

## Summary
- Revenue $704.3M (+14.2% YoY); same-facility revenue +13.3% on 6.5% more patient days and 6.4% higher revenue per day.
- Net income $66.0M ($0.72 diluted EPS); adjusted income $68.7M ($0.75 diluted EPS).
- Adjusted EBITDA $151.3M, +11.6% YoY; cash and revolver availability of $548.8M, net leverage 2.2x.
- FY 2023 guidance affirmed: revenue $2.82-2.88B, Adj. EBITDA $635-675M, Adj. EPS $3.10-3.40.
- Added 106 beds in Q1; plans to open 4 new inpatient facilities and at least 6 CTCs in 2023.

## SEC filing metadata
- accession: 0001157523-23-000620
- form_type: 8-K
- ticker: ACHC
- cik: 0001520697
- company_name: Acadia Healthcare Company, Inc.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1520697/000115752323000620/0001157523-23-000620-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1520697/000115752323000620/a53388404.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000620
- JSON: https://secwatch.observer/filing/0001157523-23-000620.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000620.txt

## Key facts
- Earnings Releases
  Acadia Healthcare Company, Inc. reported the first quarter ended March 31, 2023 results: revenue $704.3 million, net income $66.0 million, EPS $0.72 per diluted share. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $704.3 million
  - Net income: $66.0 million
  - EPS: $0.72 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: The Company reported revenue of $704.3 million for the first quarter of 2023, compared with $616.7 million for the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1520697/000115752323000620/0001157523-23-000620-index.htm

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