RadNet, Inc. filed its Form 10-Q for the quarterly period ended June 30, 2026 with the Securities and Exchange Commission on August 10, 2026, disclosing revenue, earnings, and balance sheet data for the three and six months ended June 30, 2026.

Key Highlights

  • Q2 2026 total service revenue: $622,720 thousand, compared with $498,230 thousand in Q2 2025, according to the filing.
  • Six-month net loss attributable to RadNet common stockholders: $(25,936) thousand, or $(0.33) per basic and diluted share, for the six months ended June 30, 2026.
  • Q2 net income attributable to RadNet common stockholders: $7,530 thousand, or $0.10 per basic and diluted share, for the three months ended June 30, 2026.
  • Total assets: $4,226,351 thousand at June 30, 2026, up from $3,758,563 thousand at December 31, 2025.
  • Goodwill increased to $1,122,468 thousand at June 30, 2026 from $907,663 thousand at December 31, 2025, the filing shows.
  • Cash and cash equivalents: $726,272 thousand at June 30, 2026, compared with $767,215 thousand at December 31, 2025.
  • Shares outstanding: 78,697,257 shares of common stock as of August 6, 2026, as reported on the cover page.

RadNet Q2 2026: Revenue Growth and Balance Sheet Expansion

According to the filing, RadNet, Inc. (NASDAQ Global Market: RDNT) reported total service revenue of $622,720 thousand for the three months ended June 30, 2026, comprising $592,589 thousand in service fee revenue and $30,131 thousand in revenue under capitation arrangements. For the comparable prior-year quarter, total service revenue was $498,230 thousand. For the six months ended June 30, 2026, total service revenue was $1,198,351 thousand, versus $969,629 thousand in the first half of 2025.

The company reported income from operations of $39,468 thousand for Q2 2026, compared with $30,879 thousand in Q2 2025. For the six-month period, income from operations was $15,565 thousand versus $6,778 thousand in the prior-year period, according to the filing. Total operating expenses for the six months ended June 30, 2026 were $1,182,786 thousand, including cost of operations of $1,085,152 thousand and depreciation and amortization of $90,496 thousand. The filing also disclosed debt restructuring and extinguishment expenses of $3,368 thousand recorded in Q2 2026, with no comparable charge in Q2 2025.

On the balance sheet, the filing shows total assets grew to $4,226,351 thousand at June 30, 2026 from $3,758,563 thousand at December 31, 2025, driven in part by increases in goodwill, property and equipment, and operating lease right-of-use assets. Notes payable, net of current portion, rose to $1,301,862 thousand from $1,064,495 thousand over the same period. The accumulated deficit widened to $(121,373) thousand at June 30, 2026 from $(95,437) thousand at December 31, 2025. Noncontrolling interests stood at $297,959 thousand at quarter end. The filing classifies RadNet as a large accelerated filer.

What Was Disclosed

RadNet's 10-Q for the period ended June 30, 2026 disclosed quarterly and year-to-date revenue, operating and net income figures, balance sheet data showing expanded assets and debt, and share count information as of August 6, 2026.