RadNet, Inc. filed its quarterly report on Form 10-Q with the SEC on November 9, 2026, covering the three and nine months ended September 30, 2026, disclosing total service revenue of $638,257 thousand for the third quarter and a nine-month net loss attributable to common stockholders of $21,783 thousand.

Key Highlights

  • Q3 total service revenue: $638,257 thousand, up from $522,869 thousand in Q3 2025, according to the filing.
  • Q3 net income attributable to RadNet common stockholders: $4,153 thousand, or $0.05 per basic and diluted share.
  • Nine-month net loss attributable to common stockholders: $(21,783) thousand, or $(0.28) per basic and diluted share.
  • Total assets at September 30, 2026: $4,280,398 thousand, compared with $3,758,563 thousand at December 31, 2025.
  • Goodwill increased to $1,136,986 thousand at September 30, 2026, from $907,663 thousand at December 31, 2025.
  • Shares outstanding: 78,774,892 shares of common stock as of November 5, 2026, the filing reported.
  • Cash and cash equivalents: $750,607 thousand at September 30, 2026, compared with $767,215 thousand at December 31, 2025.

RadNet's Third-Quarter 2026 Financial Results and Balance Sheet Position

According to the Form 10-Q filed on NASDAQ:RDNT, RadNet reported total service revenue of $638,257 thousand for the three months ended September 30, 2026, consisting of service fee revenue of $607,015 thousand and revenue under capitation arrangements of $31,242 thousand. This compares with total service revenue of $522,869 thousand in the same quarter of 2025. Income from operations for Q3 2026 was $30,261 thousand, up from $27,389 thousand in Q3 2025.

For the nine months ended September 30, 2026, the company reported total service revenue of $1,836,608 thousand and income from operations of $45,826 thousand. Net income for the nine-month period was $14,673 thousand in total, but after allocating $36,456 thousand to noncontrolling interests, the net loss attributable to RadNet common stockholders was $(21,783) thousand. The filing noted debt restructuring and extinguishment expenses of $3,368 thousand in the nine-month period, with no comparable charge in the prior year. A gain on contribution of imaging centers into a joint venture of $7,528 thousand was recorded in both the three- and nine-month periods ending September 30, 2026.

On the balance sheet, total assets grew to $4,280,398 thousand as of September 30, 2026, from $3,758,563 thousand at December 31, 2025, driven in part by increases in goodwill and other intangible assets. Notes payable, net of current portion, rose to $1,293,505 thousand from $1,064,495 thousand over the same period. Total equity stood at $1,436,879 thousand at September 30, 2026. The accumulated deficit widened to $(117,220) thousand from $(95,437) thousand at December 31, 2025. Common shares issued and outstanding at September 30, 2026 were 78,768,800, against 77,399,615 at December 31, 2025.

What Was Disclosed

RadNet filed its Form 10-Q for the quarter ended September 30, 2026, disclosing revenue, operating results, balance sheet data, and equity changes. The company reported Q3 net income attributable to common stockholders of $4,153 thousand and a nine-month net loss attributable to common stockholders of $(21,783) thousand.