AMN Healthcare Services, Inc. Earnings Recaps
Q1 2026
May 11, 2026
AMN Healthcare's stock surged 34.8% following a first quarter that notably beat expectations on revenue and margin, driven by exceptional execution amid significant labor disruption events and strong performance in Nurse and Allied Solutions.
Key takeaways
- Total revenue came in at $1.38 billion, above both guidance and consensus.
- Gross margin was a robust 26.8%, well exceeding guidance expectations.
- Adjusted EBITDA reached $166 million, representing 12.1% of revenue.
- Nurse and Allied Solutions revenue hit $1.13 billion, the segment’s second highest ever, supported by continued growth in travel nurse volume (+13% YoY) and allied staffing (+3% YoY).
- International staffing grew 17% quarter-over-quarter, marking a return to YoY growth since late 2023.