AMN Healthcare Services Inc

Latest Results (08.10.2025):

AMN Healthcare Services Inc reported its second quarter of 2025 with a revenue of $658.2 million, reflecting an 11% decrease compared to Q2 2024. The company faced a GAAP loss of $3.02 per share, while the adjusted earnings per share stood at $0.30. Despite the decline in revenue, AMN Healthcare made strategic strides in its business operations and debt reduction efforts.

Revenue and Earnings Performance

In Q2 2025, AMN Healthcare achieved $658.2 million in revenue, down 11% from the same quarter last year. The company reported a net loss of $116.2 million, or $3.02 per diluted share, compared to a net income of $16 million in Q2 2024. Adjusted EBITDA was $58.3 million, representing a 38% decrease year-over-year.

Business Segment Highlights

The Nurse and Allied Solutions segment generated $382 million in revenue, a 14% decline year-over-year. Meanwhile, the Physician and Leadership Solutions segment reported $175 million, down 6% from Q2 2024. The Technology and Workforce Solutions segment saw a 9% decrease, contributing $102 million in revenue.

Strategic Initiatives and Partnerships

AMN Healthcare successfully sold its Smart Square nurse scheduling software for $75 million, enhancing its partnership strategy for the WorkWise technology platform. Additionally, the AMN Passport app surpassed 300,000 users, reinforcing the company’s commitment to technology-driven solutions for healthcare professionals.

Financial Health and Debt Reduction

Cash flow from operations remained strong at $79 million in Q2 2025, enabling the company to reduce its debt by $80 million. The net leverage ratio at the end of the quarter was 3.3:1, demonstrating improved financial stability.

Outlook for Third Quarter 2025

AMN Healthcare projects Q3 2025 revenue between $610 million and $625 million, anticipating a 9-11% decrease year-over-year. The company expects continued challenges in the Nurse and Allied Solutions segment but remains optimistic about signs of improvement in client orders and extension rates.