Surgery Partners, Inc. (SGRY) Financial Statements
Industry: General Medical & Surgical Hospitals (Other) (Services)
In fiscal 2025, Surgery Partners reported revenue of $3.31B, up 6.2% from $3.11B the year before. Net income was -$77.9M (a -2.4% net margin), or -$0.61 per diluted share. Operating margin was 11.8%. Operating activities generated $274.3M of cash, leaving $195.6M of free cash flow. At fiscal year end, Surgery Partners held $8.12B in total assets against $6.41B in total liabilities, including $239.9M of cash and equivalents.
Open the full interactive Surgery Partners financials → Quarterly statements, key ratios, valuation history and price charts.
Surgery Partners Key Stats
| Share Price | $14.55 |
|---|---|
| Market Cap | $1.87B |
| Revenue YoY Growth | +6.2% |
| 52-Week Range | $11.49 – $22.94 |
| Shares Outstanding | 128.8 million (basic, 2026 Q2) |
Surgery Partners Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.86B | $2.23B | $2.54B | $2.74B | $3.11B | $3.31B |
| Operating Income | $183.0M | $302.2M | $345.2M | $328.0M | $348.8M | $389.5M |
| Pre-Tax Income | -$136.2M | -$60.4M | -$31.3M | -$12.2M | -$33.5M | -$59.9M |
| Income Tax | -$20.1M | $10.5M | $23.3M | -$300,000 | $134.6M | $18.0M |
| Net Income | -$116.1M | -$70.9M | -$54.6M | -$11.9M | -$168.1M | -$77.9M |
| Diluted EPS | -$3.19 | -$1.12 | -$0.59 | -$0.09 | -$1.33 | -$0.61 |
Surgery Partners Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $821.5M | $885.0M | $810.9M | $848.9M |
| Net Income | -$22.7M | -$15.0M | -$35.9M | -$15.0M |
| Diluted EPS | -$0.18 | -$0.12 | -$0.28 | -$0.12 |
Surgery Partners Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $317.9M | $389.9M | $282.9M | $195.9M | $269.5M | $239.9M |
| Current Assets | $801.5M | $946.1M | $921.0M | $895.0M | $1.12B | $1.15B |
| Total Assets | $5.41B | $6.12B | $6.68B | $6.88B | $7.89B | $8.12B |
| Current Liabilities | $556.8M | $536.8M | $493.4M | $523.0M | $624.4M | $615.5M |
| Total Long-Term Debt | $2.86B | $2.94B | $2.62B | $2.78B | $3.37B | $3.70B |
| Total Liabilities | $5.30B | $5.03B | $4.68B | $4.89B | $6.10B | $6.41B |
| Shareholders' Equity | $115.6M | $1.09B | $2.00B | $1.99B | $1.79B | $1.71B |
Surgery Partners Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $246.9M | $87.1M | $158.8M | $293.8M | $300.1M | $274.3M |
| Cash From Investing | -$88.4M | -$331.7M | -$307.9M | -$225.6M | -$488.5M | -$246.6M |
| Cash From Financing | $66.7M | $316.3M | $42.1M | -$155.2M | $262.0M | -$57.3M |
| Free Cash Flow | $204.0M | $29.5M | $78.2M | $205.0M | $209.7M | $195.6M |
Figures from Surgery Partners' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Surgery Partners financials page for every line item.
Surgery Partners Company Profile
| Ticker | SGRY |
|---|---|
| Exchange | Nasdaq |
| Industry | General Medical & Surgical Hospitals (Other) (Services) |
| Headquarters | Brentwood, Tennessee |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001638833 |
Frequently Asked Questions
What was Surgery Partners' revenue in fiscal 2025?
Surgery Partners (SGRY) reported revenue of $3.31B for fiscal 2025.
What is Surgery Partners' annual revenue history?
Surgery Partners' annual revenue by fiscal year: 2020: $1.86B; 2021: $2.23B; 2022: $2.54B; 2023: $2.74B; 2024: $3.11B; 2025: $3.31B.
What was Surgery Partners' net income in fiscal 2025?
Surgery Partners reported net income of -$77.9M for fiscal 2025.
What was Surgery Partners' earnings per share (EPS) in fiscal 2025?
Surgery Partners' diluted EPS was -$0.61 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Surgery Partners generate in fiscal 2025?
Surgery Partners generated $195.6M of free cash flow in fiscal 2025.
What was Surgery Partners' revenue last quarter?
In its most recent reported quarter (2026 Q2), Surgery Partners reported revenue of $848.9M.
How much debt does Surgery Partners have?
Surgery Partners reported $3.70B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Surgery Partners are outstanding?
Surgery Partners reported a weighted average of 128.8 million basic shares outstanding in 2026 Q2.
What is Surgery Partners' market cap?
Based on its latest closing price, Surgery Partners (SGRY) has a market capitalization of about $1.87B.
When does Surgery Partners' fiscal year end?
Surgery Partners' fiscal year end, as registered with the SEC, is December 31.
Where is Surgery Partners headquartered?
Surgery Partners lists its business address in Brentwood, Tennessee in its SEC filings.