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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
REVENUE      
Total service revenue $ 2,040,210 $ 1,829,664 $ 1,616,630
OPERATING EXPENSES      
Cost of operations, excluding depreciation and amortization 1,804,725 1,580,549 1,395,239
Lease abandonment charges 8,563 2,478 5,146
Depreciation and amortization 152,127 137,838 128,391
Gain on contribution of imaging centers into joint venture 0 0 (16,808)
Loss on sale and disposal of equipment 9,658 2,276 2,187
Severance costs 3,145 1,902 3,778
Total operating expenses 1,978,218 1,725,043 1,517,933
INCOME FROM OPERATIONS 61,992 104,621 98,697
OTHER INCOME AND EXPENSES      
Interest expense 69,913 79,849 64,483
Equity in earnings of joint ventures (14,876) (14,472) (6,427)
Non-cash change in fair value of interest rate swaps 7,112 8,006 8,185
Debt restructuring and extinguishment expenses 0 11,292 0
Other income (32,066) (24,916) (6,354)
Total other expenses 30,083 59,759 59,887
Income before income taxes 31,909 44,862 38,810
Provision for income taxes (14,862) (6,026) (8,473)
NET INCOME 17,047 38,836 30,337
Net income attributable to noncontrolling interest 35,699 36,043 27,293
NET (LOSS) INCOME ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ (18,652) $ 2,793 $ 3,044
BASIC NET (LOSS) INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in dollars per share) $ (0.25) $ 0.04 $ 0.05
DILUTED NET (LOSS) INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in dollars per share) $ (0.25) $ 0.04 $ 0.05
WEIGHTED AVERAGE SHARES OUTSTANDING      
Basic (in shares) 75,189,872 73,037,237 63,580,059
Diluted (in shares) 75,189,872 74,762,332 64,658,299
Service fee revenue      
REVENUE      
Total service revenue $ 1,914,673 $ 1,693,089 $ 1,463,197
Revenue under capitation arrangements      
REVENUE      
Total service revenue $ 125,537 $ 136,575 $ 153,433