Select Medical Holdings Corporation Q1 2026 Financial Results and Dividend Declaration

Select Medical Holdings Corporation reported its financial results for the first quarter ended March 31, 2026. Revenue increased by 5.0% to $1,421.5 million, compared to $1,353.2 million in the prior year's quarter. However, income from operations decreased to $98.4 million from $112.7 million, and net income fell to $63.8 million from $74.7 million year-over-year. Adjusted EBITDA also saw a decline to $141.6 million from $151.4 million. Earnings per common share were $0.35, down from $0.44 in the same quarter last year. The company announced a cash dividend of $0.0625 per share, payable on or about May 28, 2026. Additionally, the company is proceeding with a merger agreement under which each outstanding share will be converted into $16.50 in cash, with an expected completion in mid-2026, subject to regulatory and stockholder approvals. The company maintained its 2026 business outlook.