AdaptHealth Corp. (AHCO) saw its shares plummet 6.12% during intraday trading on Tuesday, following the release of its fourth-quarter 2025 financial results which revealed a significant net loss and a sharp decline in profitability metrics.

The healthcare-at-home provider reported a Q4 net loss attributable to shareholders of $102.8 million, which included a non-cash goodwill impairment charge of $128.0 million. On a per-share basis, the company posted a loss of $0.76, badly missing the FactSet consensus estimate for earnings of $0.34. While quarterly revenue of $846.3 million slightly exceeded analyst expectations of $831.6 million, the bottom-line results were substantially worse than anticipated.

Key profitability measures showed considerable weakness, with Q4 operating income coming in at a loss of $73.3 million versus an expected profit of $89.6 million, and pretax profit showing a loss of $98.0 million compared to an expected profit of $65.1 million. Adjusted EBITDA fell 18.7% year-over-year to $163.1 million. For fiscal year 2026, the company provided revenue guidance of $3.44 billion to $3.51 billion, which aligns with analyst estimates, and projected Adjusted EBITDA of $680 million to $730 million.