---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-222720"
form_type: "8-K"
ticker: "SBC"
cik: "0001930313"
company_name: "SBC Medical Group Holdings Inc"
filed_at: "2026-05-14T10:50:17+00:00"
generated_at: "2026-05-14T10:55:09.043695+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SBC Medical Q1 revenue falls 9% to $43M; net income drops 47% to $11M

## Summary
- Revenue $43M, -9% YoY; net income $11M, -47% YoY; diluted EPS $0.11, -48% YoY.
- EBITDA $18M, -26% YoY; net income margin 26% (down 19pp); EBITDA margin 43% (down 10pp).
- CEO attributes revenue decline to April 2025 franchise fee restructuring; core business fundamentals remain solid.
- Franchise locations rose 33 to 284; LTM customers up 10% to 6.76M; repeat rate 72%.

## SEC filing metadata
- accession: 0001193125-26-222720
- form_type: 8-K
- ticker: SBC
- cik: 0001930313
- company_name: SBC Medical Group Holdings Inc
- filed_at: 2026-05-14T10:50:17+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930313/000119312526222720/0001193125-26-222720-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930313/000119312526222720/sbc-20260514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-222720
- JSON: https://secwatch.observer/filing/0001193125-26-222720.json
- Plain text: https://secwatch.observer/filing/0001193125-26-222720.txt

## Key facts
- Earnings Releases
  SBC Medical Group Holdings Inc reported the three months ended March 31, 2026 results: revenue $43 million, net income $11 million, EPS $0.11.
  - Period: the three months ended March 31, 2026
  - Revenue: $43 million
  - Net income: $11 million
  - EPS: $0.11
  - Result: reported results
  source text: across a wide range of healthcare fields, today announced its financial results for the three months ended March 31, 2026. First Quarter 2026 Highlights • Total revenues were $43 million, representing a 9% year-over-year decrease. • Net income attributable to SBC Medical Group Holdings Incorporated was $11 million, representing a 47% year-over-year decrease. Net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1930313/000119312526222720/0001193125-26-222720-index.htm

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