---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-013641"
form_type: "8-K"
ticker: "NRC"
cik: "0000070487"
company_name: "NRC HEALTH"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T03:24:36.652862+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NRC Health Q1 revenue up 4% to $34.8M; TRCV record $152.1M (+13% YoY)

## Summary
- GAAP net income $3.2M ($0.14 diluted EPS); adjusted net income $4.6M ($0.21 adjusted diluted EPS).
- Adjusted EBITDA $9.4M (27% of revenue); cash flow from operations $7.2M up 8% YoY.
- Total Recurring Contract Value (TRCV) $152.1M, up 13% YoY, sixth consecutive quarterly increase.
- Company signed the largest deal in its 45-year history; new sales and retention reached multi-year highs.
- Free cash flow $5.4M (15% of revenue); revenue $34.8M, first YoY growth since 2023.

## SEC filing metadata
- accession: 0001437749-26-013641
- form_type: 8-K
- ticker: NRC
- cik: 0000070487
- company_name: NRC HEALTH
- filed_at: 2026-04-28T23:59:59+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/70487/000143774926013641/0001437749-26-013641-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70487/000143774926013641/nrc20260424_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-013641
- JSON: https://secwatch.observer/filing/0001437749-26-013641.json
- Plain text: https://secwatch.observer/filing/0001437749-26-013641.txt

## Key facts
- Earnings Releases
  NRC HEALTH reported first quarter ended March 31, 2026 results: revenue $34.8 million, net income $3.2 million, EPS $0.14.
  - Period: first quarter ended March 31, 2026
  - Revenue: $34.8 million
  - Net income: $3.2 million
  - EPS: $0.14
  - Result: reported results
  source text: outcomes driver, helping healthcare organizations turn Human Understanding into measurable, repeatable improvement." First Quarter 2026 Highlights ● Revenue: Total revenue was $34.8 million for the three months ended March 31, 2026, up 4% from the prior year ● Net Income : GAAP net income was $3.2 million, representing 9% of revenue, and Adjusted Net Income* was
  evidence_url: https://www.sec.gov/Archives/edgar/data/70487/000143774926013641/0001437749-26-013641-index.htm

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