Skip to content
Optionomics Free · No account needed

Earnings analysis · 10-Q

CCRN earnings analysis

Filed May 8, 2026 · Our reading of the company's report

The latest report

Cross Country Healthcare reported Q1 2026 revenue of $241.1 million, beating estimates by 1.9% and showing a year-over-year decrease of 17.8%. The net loss attributable to shareholders was $4.3 million, a significant…

Read full summary

Cross Country Healthcare reported Q1 2026 revenue of $241.1 million, beating estimates by 1.9% and showing a year-over-year decrease of 17.8%. The net loss attributable to shareholders was $4.3 million, a significant increase from the prior year's loss of $0.5 million. While cash flow from operations was positive at $4.8 million, it experienced a decline of 16% year-over-year.

Read the original on SEC.gov

Where revenue came from

The business segments reported by the company.

Nurse and Allied Staffing 83.6% Physician Staffing 16.4%

Shares of the segments disclosed in this filing, largest first.

Reported figures

Earnings per share
$-0.03
Operating margin
-1.7%

What stood out

  • Revenue Beat Expectations

    Q1 2026 revenue was $241.1 million, surpassing the forecast of $236.6 million.

  • EPS Better Than Expected

    The reported EPS loss of $0.03 beat the expected loss of $0.05.

  • Positive Operating Cash Flow

    Operating cash flow was positive at $4.8 million despite a year-over-year decline of 16%.

  • Segment Growth in Community Care

    Cross Country Community Care segment revenue grew by 15.8% year-over-year.

  • Reduction in SG&A Expenses

    Selling, general and administrative expenses fell by 12.7% to $45.8 million.

  • No Borrowings on Credit Facility

    The company had no borrowings drawn under its $300 million asset-based credit facility.

What to watch

  • Significant Year-over-Year Revenue Decline

    Revenue decreased by 17.8%, falling from $293.4 million in Q1 2025 to $241.1 million.

  • Increased Net Loss

    Net loss increased to $4.3 million compared to a net loss of $0.5 million in Q1 2025.

  • High Operating Margin Pressures

    Operating margin dropped to -1.7% from -0.3% year-over-year.

Management's outlook

No forward guidance provided.

This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.