Form 8-K
8-K — Addus HomeCare Corp
Accession: 0001437749-26-014653
Filed: 2026-05-04
Period: 2026-05-04
CIK: 0001468328
SIC: 8082 (SERVICES-HOME HEALTH CARE SERVICES)
Item: Results of Operations and Financial Condition
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — adus20260504_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (ex_955675.htm)
GRAPHIC (logo01.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — FORM 8-K
8-K (Primary)
Filename: adus20260504_8k.htm · Sequence: 1
adus20260504_8k.htm
false
0001468328
0001468328
2026-05-04
2026-05-04
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 4, 2026
ADDUS HOMECARE CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
001-34504
20-5340172
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
6303 Cowboys Way, Suite 600
Frisco, Texas
75034
(Address of principal executive offices)
(Zip Code)
(469) 535-8200
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
Common Stock, $0.001 par value per share
ADUS
The Nasdaq Stock Market, LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company. ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02
Results of Operations and Financial Condition.
On May 4, 2026, Addus HomeCare Corporation (the “Company”) issued a press release (the “Press Release”) announcing, among other matters, the Company’s results of operations for the fiscal quarter ended March 31, 2026. A copy of the Press Release is furnished herewith as Exhibit 99.1 to this report and is incorporated herein by reference.
Item 7.01.
Regulation FD Disclosure
On May 4, 2026, the Company issued the Press Release, announcing, among other matters, its results of operations for the fiscal quarter ended March 31, 2026, the text of which is set forth as Exhibit 99.1.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits:
Exhibit
No.
Description
99.1
Press Release of Addus HomeCare Corporation dated May 4, 2026.
104
Cover Page Interactive Data File (embedded within Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ADDUS HOMECARE CORPORATION
Date: May 4, 2026
By:
/s/ Brian Poff
Brian Poff
Chief Financial Officer
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: ex_955675.htm · Sequence: 2
ex_955675.htm
Exhibit 99.1
Contacts:
Brian W. Poff
Dru Anderson
Executive Vice President, Chief Financial Officer
FINN Partners
Addus HomeCare Corporation
(615) 324-7346
(469) 535-8200
dru.anderson@finnpartners.com
investorrelations@addus.com
ADDUS HOMECARE ANNOUNCES FIRST QUARTER
2026 FINANCIAL RESULTS
Acquires Personal Care Operations in State of Indiana with Plans for Further Expansion
Frisco, Texas (May 4, 2026) – Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the first quarter ended March 31, 2026.
First Quarter 2026 Highlights:
●
Net Service Revenues Increase 7.7% to $363.6 Million
●
Net Income of $25.1 Million, or $1.36 per Diluted Share
●
Adjusted Net Income per Diluted Share Increases 14.1% year-over-year to $1.62
●
Adjusted EBITDA Increases 9.7% year-over-year to $44.5 Million
●
Cash Flow from Operations increased to $52.4 Million
●
Announced Acquisition in State of Indiana and Agreement for Additional Indiana Acquisition
Overview
Net service revenues were $363.6 million for the first quarter of 2026, a 7.7% increase compared with $337.7 million for the first quarter of 2025. Net income was $25.1 million for the first quarter of 2026 compared with $21.2 million for the first quarter of 2025, while net income per diluted share was $1.36 compared with $1.16 for the same period a year ago. Adjusted EBITDA increased 9.7% to $44.5 million for the first quarter of 2026 from $40.6 million for the first quarter of 2025. Adjusted net income was $30.0 million for the first quarter of 2026 compared with $26.0 million for the prior-year period, while adjusted net income per diluted share was $1.62 compared with $1.42 for the first quarter of 2025. Adjusted net income per diluted share for the first quarter of 2026 excludes acquisition expenses of $0.06 and stock-based compensation expense of $0.20. (See the end of press release for a reconciliation of all non-GAAP and GAAP financial measures.)
Commenting on the results, Dirk Allison, Chairman and Chief Executive Officer, said, “Addus had a solid start to 2026, delivering an improved year-over-year financial and operating performance with revenue up 7.7% and adjusted EBITDA up 9.7% over the first quarter last year. These results reflect continued demand for our home-based care services across the continuum. Addus is well positioned to meet this demand as we continue to expand our market reach and add density in the states where we operate. Our hiring trends have been stable and consistent in the first quarter despite some brief winter weather interruptions in January. We are proud of the dedicated caregivers who represent Addus and continue to provide outstanding care and support to the patients and families who rely on us for quality care in their preferred home setting.
“Our personal care business, which accounted for 77.3% of our revenues, was the primary driver of our growth with a 6.5% organic revenue increase over the first quarter last year. We benefitted from higher volumes as well as additional rate support from two key states, including a 9.9% increase in Texas that was effective September 1, 2025, and a 3.9% increase from the State of Illinois that was effective beginning January 1, 2026. We are pleased that our strong value proposition as a cost-effective provider is being recognized by the states where we serve clients.
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ADUS Announces First Quarter 2026 Financial Results
Page 2
May 4, 2026
“Our hospice care business has performed well and accounted for 18.1% of our revenue for the first quarter. We have seen consistent trends in our hospice segment, resulting in 7.7% organic revenue growth over the first quarter of last year and year-over-year improvement in average daily census. Our home health business represented 4.6% of revenue for the first quarter. We believe home health provides important complementary capabilities and clinical collaboration for our personal care and hospice care segments as we see more patients in select markets receive the benefit of the full continuum of care,” said Allison.
Indiana Acquisition Supports Market Expansion
The Company also announced it acquired the personal care operations of HomeCourt Home Care (“HomeCourt”) on May 1, 2026. Based in Fort Wayne, Indiana, HomeCourt serves approximately 240 clients and has annualized revenues of approximately $9.7 million. The Company also entered into a definitive agreement to acquire additional Indiana operations of a similar size to further expand geographic reach in the state, which is expected to close later this year.
Allison added, “We are excited to announce this acquisition, which marks our entry into Indiana, a new market for Addus and our plans to further grow in the state. Acquisitions remain an integral part of our growth strategy, and we are pleased to welcome HomeCourt Home Care to our personal care operations. This transaction and our planned additional transaction are aligned with our strategy of expanding our personal care footprint in select markets and creating density in markets where we operate. We expect the HomeCourt transaction to be immediately accretive to our financial results. We look forward to further expanding our coverage and capabilities in Indiana.”
Cash and Liquidity
As of March 31, 2026, the Company had cash of $103.1 million and bank debt of $94.3 million, with capacity and availability under its revolving credit facility of $650.0 million and $547.8 million, respectively. Net cash provided by operating activities was $52.4 million for the first quarter of 2026.
Allison added, “For the first quarter of 2026, we continued to generate consistent cash flow from operations and maintain a strong balance sheet. Our conservative leverage position allows us flexibility to make strategic investments in our business and to evaluate and pursue additional acquisition opportunities like those announced today. We have a strong development team with a proven track record, and we will continue our disciplined approach focused on both non-clinical and clinical acquisition opportunities where we can increase both density and geographic coverage. We see important synergies in offering the full care continuum as we build scale and expand our market coverage, and we are optimistic that we will see additional acquisition opportunities in 2026.
Looking Ahead
“We are pleased with the favorable trends in our business and believe we have significant opportunities in 2026 for continued organic growth and for deriving additional value from acquired operations. Addus plays an important role in our nation’s health care delivery system as a leading provider of quality, cost-effective care in the preferred home setting. We have a dedicated team of caregivers who work tirelessly every day to provide outstanding care across our markets. We look forward to the opportunities ahead for Addus in 2026 to deliver value to the clients we serve and our shareholders,” added Allison.
Non-GAAP Financial Measures
The information provided in this release includes adjusted net income, adjusted EBITDA, adjusted net income per diluted share and adjusted net service revenue, which are non-GAAP financial measures. The Company defines adjusted net income as net income before acquisition expense, stock-based compensation expense, restructuring and other non-recurring costs, and the gain or loss on the sale of assets. The Company defines adjusted EBITDA as earnings before net interest expense, taxes, depreciation, amortization, acquisition expense, stock-based compensation expense, restructuring and other non-recurring costs, and the gain or loss on the sale of assets. The Company defines adjusted net income per diluted share as net income per share, adjusted for acquisition expense, stock-based compensation expense, restructuring and other non-recurring costs, and gain or loss on the sale of assets. The Company defines adjusted net service revenues as revenue adjusted for the closure of certain sites. The Company has provided, in the financial statement tables included in this press release, a reconciliation of adjusted net income to net income, a reconciliation of adjusted EBITDA to net income, a reconciliation of adjusted diluted net income per share to net income per share, and a reconciliation of adjusted net service revenues to net service revenues, in each case, the most directly comparable GAAP measure. Management believes that adjusted net income, adjusted EBITDA, adjusted diluted net income per share, and adjusted net service revenues are useful to investors, management and others in evaluating the Company’s operating performance, to provide investors with insight and consistency in the Company’s financial reporting and to present a basis for comparison of the Company’s business operations among periods, and to facilitate comparison with the results of the Company’s peers.
-MORE-
ADUS Announces First Quarter 2026 Financial Results
Page 3
May 4, 2026
Conference Call
Addus HomeCare will host a conference call on Tuesday, May 5, 2026, at 9:00 a.m. Eastern Time. Joining the call from the Company will be Dirk Allison, Chairman and CEO, Brian Poff, Executive Vice President and CFO, and Heather Dixon, President and COO. To access the live call, dial (833) 629-0620 (international dial-in number is (412) 317-1805) and ask to join the Addus HomeCare earnings call. A telephonic replay of the conference call will be available through midnight on May 12, 2026, by dialing (855) 669-9658 (international dial-in number is (412) 317-0088) and entering pass code 7882999.
A live broadcast of Addus HomeCare’s conference call will be available under the Investor Relations section of the Company’s website: www.addus.com. An online replay will also be available on the Company’s website for one month, beginning approximately two hours following the conclusion of the live broadcast.
Forward-Looking Statements
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by words such as “preliminary,” “continue,” “expect,” and similar expressions. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. Forward-looking statements involve a number of risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such forward-looking statements, including discretionary determinations by government officials, the consummation and integration of acquisitions, transition to managed care providers, our ability to successfully execute our growth strategy, unexpected increases in SG&A and other expenses, expected benefits and unexpected costs of acquisitions and dispositions, management plans related to dispositions, the possibility that expected benefits may not materialize as expected, the failure of the business to perform as expected, changes in reimbursement, changes in government regulations, changes in Addus HomeCare’s relationships with referral sources, increased competition for Addus HomeCare’s services, changes in the interpretation of government regulations, the uncertainty regarding the outcome of discussions with managed care organizations, changes in tax rates, the impact of adverse weather, higher than anticipated costs, lower than anticipated cost savings, estimation inaccuracies in future revenues, margins, earnings and growth, whether any anticipated receipt of payments will materialize, any security breaches, cyber-attacks, loss of data or cybersecurity threats or incidents, and other risks set forth in the Risk Factors section in Addus HomeCare’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 24, 2026, which is available at www.sec.gov. The financial information described herein and the periods to which they relate are preliminary estimates that are subject to change and finalization. There is no assurance that the final amounts and adjustments will not differ materially from the amounts described above, or that additional adjustments will not be identified, the impact of which may be material. Addus HomeCare undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In addition, these forward-looking statements necessarily depend upon assumptions, estimates and dates that may be incorrect or imprecise and involve known and unknown risks, uncertainties, and other factors. Accordingly, any forward-looking statements included in this press release do not purport to be predictions of future events or circumstances and may not be realized. (Unaudited tables and notes follow).
About Addus HomeCare
Addus HomeCare is a provider of home care services that primarily include personal care services that assist with activities of daily living, as well as hospice and home health services. Addus HomeCare’s consumers are primarily persons who, without these services, are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. Addus HomeCare’s payor clients include federal, state, and local governmental agencies, managed care organizations, commercial insurers, and private individuals. Addus HomeCare currently provides home care services to approximately 62,750 patients and consumers through 263 locations across 24 states. For more information, please visit www.addus.com.
-MORE-
ADUS Announces First Quarter 2026 Financial Results
Page 4
May 4, 2026
ADDUS HOMECARE CORPORATION AND SUBSIDIARIES
Condensed Consolidated Statements of Income
(amounts and shares in thousands, except per share data)
(Unaudited)
Income Statement Information:
For the Three Months Ended March 31,
2026
2025
Net service revenues
$
363,611
$
337,708
Cost of service revenues
247,738
230,031
Gross profit
115,873
107,677
31.9
%
31.9
%
General and administrative expenses
77,771
73,220
Depreciation and amortization
4,030
3,943
Total operating expenses
81,801
77,163
Operating income from continuing operations
34,072
30,514
Total interest expense, net
1,641
3,516
Income before income taxes
32,431
26,998
Income tax expense
7,362
5,770
Net income
$
25,069
$
21,228
Net income per diluted share:
$
1.36
$
1.16
Weighted average number of common shares outstanding:
Diluted
18,486
18,311
Cash Flow Information:
For the Three Months Ended March 31,
2026
2025
Net cash provided by operating activities
$
52,365
$
18,949
Net cash used in investing activities
(1,692
)
(1,378
)
Net cash used in financing activities
(29,225
)
(19,528
)
Net change in cash
21,448
(1,957
)
Cash at the beginning of the period
81,617
98,911
Cash at the end of the period
$
103,065
$
96,954
-MORE-
ADUS Announces First Quarter 2026 Financial Results
Page 5
May 4, 2026
ADDUS HOMECARE CORPORATION AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(Amounts in thousands)
(Unaudited)
March 31,
2026
2025
Assets
Current assets
Cash
$
103,065
$
96,954
Accounts receivable, net
144,823
134,607
Prepaid expenses and other current assets
24,988
26,267
Total current assets
272,876
257,828
Property and equipment, net
24,657
24,701
Other assets
Goodwill
996,680
972,347
Intangible assets, net
100,488
107,644
Operating lease assets
40,999
45,064
Total other assets
1,138,167
1,125,055
Total assets
$
1,435,700
$
1,407,584
Liabilities and stockholders' equity
Current liabilities
Accounts payable
$
14,040
$
27,969
Accrued payroll
63,926
54,858
Accrued expenses
30,348
29,748
Operating lease liabilities, current portion
13,139
12,649
Government stimulus advance
14,637
8,702
Accrued workers compensation
13,385
14,010
Total current liabilities
149,475
147,936
Long-term debt, less current portion, net of debt issuance costs
91,274
198,740
Long-term operating lease liabilities, less current portion
34,331
39,414
Deferred tax liabilities, net
44,205
25,986
Other long-term liabilities
255
125
Total long-term liabilities
170,065
264,265
Total liabilities
319,540
412,201
Total stockholders' equity
1,116,160
995,383
Total liabilities and stockholders' equity
$
1,435,700
$
1,407,584
-MORE-
ADUS Announces First Quarter 2026 Financial Results
Page 6
May 4, 2026
ADDUS HOMECARE CORPORATION AND SUBSIDIARIES
Net Service Revenue by Segment
(Amounts in thousands)
(Unaudited)
For the Three Months
Ended March 31,
2026
2025
Net Service Revenues by Segment
Personal Care
$
281,094
$
258,286
Hospice
65,785
61,437
Home Health
16,732
17,985
Total Revenue
$
363,611
$
337,708
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ADUS Announces First Quarter 2026 Financial Results
Page 7
May 4, 2026
ADDUS HOMECARE CORPORATION AND SUBSIDIARIES
Key Statistical and Financial Data (Unaudited)
For the Three Months
Ended March 31,
2026
2025
Personal Care
States served at period end
23
23
Locations served at period end
200
199
Average billable census - same store (1)
49,287
50,340
Average billable census - acquistions
996
81
Average billable census - closed (2)
-
57
Average billable census total
50,283
50,478
Billable hours (in thousands)
10,733
10,201
Average billable hours per census per month
71.1
67.4
Billable hours per business day
167,699
159,395
Revenues per billable hour
$
26.16
$
25.32
Organic growth
- Revenue
6.5
%
7.4
%
Hospice
Locations served at period end
40
38
Admissions
3,417
3,474
Average daily census (3)
3,804
3,515
Average discharge length of stay
110.6
97.4
Patient days
342,359
316,319
Revenue per patient day
$
191.42
$
194.23
Organic growth
- Revenue
7.7
%
9.9
%
- Average daily census
8.1
%
4.6
%
Home Health
Locations served at period end
22
23
New Admissions
4,694
4,708
Recertifications
2,523
2,982
Total Volume
7,217
7,690
Visits
80,892
94,593
Organic growth
- Revenue
(6.6
)%
1.3
%
- New Admissions
(0.3
)%
(3.7
)%
- Volume
(6.2
)%
(4.6
)%
Percentage of Revenues by Payor:
Personal Care
State, local and other governmental programs
49.7
%
51.5
%
Managed care organizations
47.6
45.3
Private duty
2.2
2.7
Commercial
0.4
0.4
Other
0.1
%
0.1
%
Hospice
Medicare
94.4
%
92.4
%
Commercial
2.8
3.9
Managed care organizations
2.3
3.3
Other
0.5
%
0.4
%
Home Health
Medicare
61.1
%
69.9
%
Managed care organizations
23.7
21.2
State, local and other governmental programs
12.2
6.0
Commercial
2.5
2.5
Other
0.5
%
0.4
%
(1) The average billable census in acquisitions of 14,449 for the three months ended March 31, 2025, was reclassified to average billable census - same stores for comparability purposes.
(2) The average billable census for closed stores of 57 for the three months ended March 31, 2025 was reclassified to average billable census - closed stores for comparability purposes.
(3) Exited sites would have reduced ADC for the three months ended March 31, 2026 and March 31, 2025 by 2 and 6, respectively.
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ADUS Announces First Quarter 2026 Financial Results
Page 8
May 4, 2026
ADDUS HOMECARE CORPORATION AND SUBSIDIARIES
Reconciliation of Non-GAAP Financial Measures
(Amounts in thousands, except per share data)
(Unaudited) (1)
For the Three Months
Ended March 31,
2026
2025
Reconciliation of Adjusted EBITDA to Net Income: (1)
Net income
$
25,069
$
21,228
Interest expense, net
1,641
3,516
Gain on the sale of assets
(16
)
(7
)
Income tax expense
7,362
5,770
Depreciation and amortization
4,030
3,943
Acquisition expenses
1,324
2,952
Stock-based compensation expense
5,000
3,170
Restructure and other non-recurring costs
104
-
Adjusted EBITDA
$
44,514
$
40,572
Reconciliation of Adjusted Net Income to Net Income: (2)
Net income
$
25,069
$
21,228
Gain on the sale of assets
(16
)
(7
)
Acquisition expenses
1,324
2,952
Stock-based compensation expense
5,000
3,170
Restructure and other non-recurring costs
104
-
Tax effect
(1,456
)
(1,306
)
Adjusted Net Income
30,025
26,037
Reconciliation of Diluted Earnings per Share to Adjusted Diluted Earnings per Share: (3)
Diluted earnings per share
$
1.36
$
1.16
Acquisition expenses, per diluted share
0.06
0.13
Stock-based compensation expense per diluted share
0.20
0.13
Adjusted net income per diluted share
$
1.62
$
1.42
Reconciliation of Net Service Revenues to Adjusted Net Service Revenues: (4)
Net service revenues
$
363,611
$
337,708
Revenue associated with the closure of certain sites
(109
)
(1,066
)
Adjusted net service revenues
$
363,502
$
336,642
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ADUS Announces First Quarter 2026 Financial Results
Page 9
May 4, 2026
Footnotes:
(1) We define Adjusted EBITDA as earnings before net interest expense, other non-operating income, taxes, depreciation, amortization, acquisition expense, stock-based compensation expense, restructure and other non-recurring costs and gain or loss on the sale of assets. Adjusted EBITDA is a performance measure used by management that is not calculated in accordance with generally accepted accounting principles in the United States (GAAP). It should not be considered in isolation or as a substitute for net income, operating income or any other measure of financial performance calculated in accordance with GAAP. Additionally, our calculation of Adjusted EBITDA may not be comparable to similarly titled measures reported by other companies. We believe that Adjusted EBITDA is useful to investors, management and others in evaluating the Company's operating performance, to provide investors with insight and consistency in the Company's financial reporting and to present a basis for comparison of the Company's business among periods, and to facilitate comparison with results of the Company's peers. Additionally, we believe that Adjusted EBITDA is a measure widely used by securities analysts, investors and others to evaluate the financial performance of other public companies. The financial results presented in accordance with U.S GAAP and a reconciliation of this non-GAAP measure included within our Annual Report on Form 10-K should be carefully evaluated.
(2) We define Adjusted Net Income as net income before acquisition expenses, stock-based compensation expense, restructure and other non-recurring costs, and gain on the sale of assets. Adjusted Net Income is a performance measure used by management that is not calculated in accordance with generally accepted accounting principles in the United States (GAAP). It should not be considered in isolation or as a substitute for net income, operating income or any other measure of financial performance calculated in accordance with GAAP.
(3) We define Adjusted diluted earnings per share as earnings per share, adjusted for acquisition expenses, stock-based compensation expense and restructure and other non-recurring costs, and gain on the sale of assets. Adjusted diluted earnings per share is a performance measure used by management that is not calculated in accordance with generally accepted accounting principles in the United States (GAAP). It should not be considered in isolation or as a substitute for net income, operating income or any other measure of financial performance calculated in accordance with GAAP.
(4) We define Adjusted net service revenues as revenue adjusted for the closure of certain sites. Adjusted net service revenues is a performance measure used by management that is not calculated in accordance with generally accepted accounting principles in the United States (GAAP). It should not be considered in isolation or as a substitute for net income, operating income or any other measure of financial performance calculated in accordance with GAAP.
-END-
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Document And Entity Information
May 04, 2026
Document Information [Line Items]
Entity, Registrant Name
ADDUS HOMECARE CORPORATION
Document, Type
8-K
Document, Period End Date
May 04, 2026
Entity, Incorporation, State or Country Code
DE
Entity, File Number
001-34504
Entity, Tax Identification Number
20-5340172
Entity, Address, Address Line One
6303 Cowboys Way
Entity, Address, Address Line Two
Suite 600
Entity, Address, City or Town
Frisco
Entity, Address, State or Province
TX
Entity, Address, Postal Zip Code
75034
City Area Code
469
Local Phone Number
535-8200
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common Stock
Trading Symbol
ADUS
Security Exchange Name
NASDAQ
Entity, Emerging Growth Company
false
Amendment Flag
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Entity, Central Index Key
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- Definition
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
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No definition available.
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- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
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No definition available.
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dei_DocumentPeriodEndDate
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xbrli:dateItemType
Balance Type:
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- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
Address Line 1 such as Attn, Building Name, Street Name
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No definition available.
+ Details
Name:
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- Definition
Address Line 2 such as Street or Suite number
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No definition available.
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Name:
dei_EntityAddressAddressLine2
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Data Type:
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Balance Type:
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- Definition
Name of the City or Town
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No definition available.
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Name:
dei_EntityAddressCityOrTown
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Data Type:
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Balance Type:
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- Definition
Code for the postal or zip code
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No definition available.
+ Details
Name:
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Data Type:
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Balance Type:
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- Definition
Name of the state or province.
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No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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Period Type:
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- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
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No definition available.
+ Details
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Data Type:
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Balance Type:
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Period Type:
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X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
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No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
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Data Type:
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Period Type:
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- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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Data Type:
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Balance Type:
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Period Type:
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X
- Definition
Local phone number for entity.
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No definition available.
+ Details
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
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Balance Type:
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Period Type:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
Title of a 12(b) registered security.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
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Name:
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Data Type:
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Period Type:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
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Data Type:
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- Definition
Trading symbol of an instrument as listed on an exchange.
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No definition available.
+ Details
Name:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
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