JOINT (JYNT) Q2 FY26 earnings call

The Joint Corp. continued its "Joint 2.0" initiative in Q2 FY26, nearing completion of its re-franchising efforts to transition to a capital-light franchisor model. This strategic shift is driving improved profitability and free cash flow, with significant year-over-year increases in net income and adjusted EBITDA. The company also achieved its best patient retention rate in over five years, attributed to new flexible plan options and targeted marketing, despite a decline in system-wide sales and negative comparable sales.