---
schema_version: "secwatch.filing_event.v1"
accession: "0001756655-25-000013"
form_type: "8-K"
ticker: "ARDT"
cik: "0001756655"
company_name: "Ardent Health, Inc."
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T20:52:17.432654+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ardent Health Q2 revenue up 12% to $1.65B; Adj EBITDA +39% to $170M; reaffirms FY25 guidance

## Summary
- Net income $73M ($0.52 diluted EPS) vs $43M ($0.34) prior year; adjusted EBITDA $170M.
- Total revenue $1.645B (+11.9% YoY) driven by 1.6% adjusted admission growth and 10.2% revenue per adjusted admission.
- Admissions +6.6% YoY; inpatient surgeries +9.2% but outpatient surgeries -3.8%.
- Lease-adjusted net leverage ratio improved to 2.7x from 3.0x in Q1; available liquidity $835M.
- Reaffirms FY25 guidance: revenue $6.2-6.45B, Adj EBITDA $575-615M, diluted EPS $1.73-2.01.

## SEC filing metadata
- accession: 0001756655-25-000013
- form_type: 8-K
- ticker: ARDT
- cik: 0001756655
- company_name: Ardent Health, Inc.
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756655/000175665525000013/0001756655-25-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756655/000175665525000013/ardt-20250805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001756655-25-000013
- JSON: https://secwatch.observer/filing/0001756655-25-000013.json
- Plain text: https://secwatch.observer/filing/0001756655-25-000013.txt

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