Jun 2026 (Q2 FY26) — Aug 4, 2026
DaVita Q2 FY26 — Volume Growth Accelerates, Middle Molecule Clearance Expanded
Read the full callDaVita earnings: last reported Tue, 4 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 3,554 | +5.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 16.3 | +0.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 265 | +33.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $126.62 on 14 Oct 2025 → $189.16. High $240.96 (29 Jul 2026), low $103.87 (14 Jan 2026).
Overview
Call summaries
DaVita Q2 FY26 — Volume Growth Accelerates, Middle Molecule Clearance Expanded
Read the full callDaVita Q1 FY26 — Strong Start with Raised Guidance and Volume Growth
Read the full callEvery analysed call
Financials
Net profit, year on year: +33% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 3,264 | 3,295 | 3,224 | 3,380 | 3,420 | 3,620 | 3,416 | 3,554 |
| Expenses | 2,729 | 2,729 | 2,785 | 2,842 | 2,914 | 3,059 | 2,934 | 2,975 |
| Operating profit | 535 | 565 | 439 | 538 | 506 | 561 | 482 | 579 |
| Operating margin | 16.4% | 17.2% | 13.6% | 15.9% | 14.8% | 15.5% | 14.1% | 16.3% |
| Profit before tax | 373 | 414 | 286 | 369 | 309 | 383 | 341 | 435 |
| Tax rate | 20.8% | 15.6% | 18.9% | 25.4% | 22.2% | 20.1% | 19.4% | 21.1% |
| Net profit | 215 | 259 | 163 | 199 | 150 | 234 | 198 | 265 |
| EPS ($ per share) | 2.56 | — | 2.05 | 2.62 | 2.09 | — | 2.93 | 4.10 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 2,743 | 1,432 | 853 | 354 | 174 | 598 | 1,535 | -328 |
| Total liabilities | 14,077 | 13,812 | 14,092 | 14,751 | 14,703 | 14,150 | 15,194 | 16,322 |
| Fixed assets | 3,394 | 3,473 | 3,522 | 3,480 | 3,256 | 3,074 | 2,941 | 2,813 |
| Investments | 3 | 12 | 20 | 22 | 78 | 12 | 51 | 24 |
| Total assets | 19,110 | 17,311 | 16,989 | 17,121 | 16,928 | 16,894 | 17,285 | 17,480 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,772 | 2,072 | 1,979 | 1,931 | 1,565 | 2,059 | 2,022 | 1,887 |
| Cash from investing | -1,006 | 2,995 | -825 | -785 | -630 | -772 | -771 | -655 |
| Cash from financing | -625 | -4,696 | -1,847 | -1,083 | -1,121 | -1,170 | -817 | -1,375 |
| Net cash flow | 137 | 369 | -707 | 53 | -216 | 126 | 415 | -122 |
| Capital expenditure | -987 | -767 | -675 | -641 | -603 | -568 | -555 | -576 |
| Free cash flow | 785 | 1,306 | 1,304 | 1,289 | 961 | 1,491 | 1,467 | 1,311 |
| Segment | Q2 FY2024 | Q3 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| U S Dialysis With Intersegment | — | — | — | 86% | 87% | — | 86% | 85% | +3.4% |
| Other Operating Segments With Intersegment | — | — | 9% | 9% | 10% | 10% | 10% | 10% | +17.8% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
85 filings between Oct 27, 2025 and Sep 22, 2026.
Purchases
None
No insider bought shares.
Sales
$508.68M
13 sales by 6 insiders
Also filed: 4 dispositions to the issuer, 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| BERKSHIRE HATHAWAY INC | — | $473.67M | Jul 31, 2026 |
| Rodriguez Javier | — | $14.53M | Jun 16, 2026 |
| ACKERMAN JOEL | — | $9.89M | May 7, 2026 |
| Maughan David Paul | — | $4.09M | May 12, 2026 |
| HEARTY JAMES O | — | $3.29M | May 15, 2026 |
| Waters Kathleen Alyce | — | $3.21M | Jun 15, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 22, 2026 | Maughan David Paul Chief Operating Officer, DKC | Tax withheld | 7,501 | $1.37M |
| Aug 15, 2026 | Arway Pamela M Director | Award | 278 | $0 |
| Aug 15, 2026 | Hollar Jason M. Director | Award | 278 | $0 |
| Aug 15, 2026 | YALE PHYLLIS R Director | Award | 278 | $0 |
| Aug 15, 2026 | Schoppert Wendy Lee Director | Award | 278 | $0 |
| Aug 15, 2026 | DESOER BARBARA J Director | Award | 278 | $0 |
| Aug 15, 2026 | Schechter Adam H Director | Award | 278 | $0 |
| Aug 15, 2026 | Pullin Dennis W Director | Award | 278 | $0 |
| Aug 15, 2026 | Moore Gregory J. Director | Award | 278 | $0 |
| Jul 31, 2026 | BERKSHIRE HATHAWAY INC 10% owner | Sale | 182,980 | $36.51M |
| Jun 16, 2026 | Rodriguez Javier Chief Executive Officer | Sale | 39,407 | $8.25M |
| Jun 15, 2026 | Waters Kathleen Alyce Chief Legal & Pub. Affairs Off | Sale | 8,950 | $1.86M |
| Jun 15, 2026 | Rodriguez Javier Chief Executive Officer | Sale | 30,000 | $6.29M |
| Jun 15, 2026 | Waters Kathleen Alyce Chief Legal & Pub. Affairs Off | Sale | 6,455 | $1.35M |
| May 26, 2026 | YALE PHYLLIS R Director | Gift | 5,038 | $0 |
| May 15, 2026 | Moore Gregory J. Director | Award | 250 | $0 |
| May 15, 2026 | Schoppert Wendy Lee Director | Award | 250 | $0 |
| May 15, 2026 | DESOER BARBARA J Director | Award | 250 | $0 |
| May 15, 2026 | Schechter Adam H Director | Award | 250 | $0 |
| May 15, 2026 | Hollar Jason M. Director | Award | 250 | $0 |
| May 15, 2026 | HEARTY JAMES O Chief Compliance Officer | Sale | 15,000 | $2.91M |
| May 15, 2026 | Arway Pamela M Director | Award | 250 | $0 |
| May 15, 2026 | YALE PHYLLIS R Director | Award | 250 | $0 |
| May 15, 2026 | Pullin Dennis W Director | Award | 250 | $0 |
| May 14, 2026 | HEARTY JAMES O Chief Compliance Officer | Disposition to issuer | 3,231 | $640.1K |
| May 14, 2026 | HEARTY JAMES O Chief Compliance Officer | Option exercise | 5,784 | $639.9K |
| May 14, 2026 | HEARTY JAMES O Chief Compliance Officer | Tax withheld | 1,117 | $221.3K |
| May 12, 2026 | Maughan David Paul Chief Operating Officer, DKC | Sale | 13,456 | $2.68M |
| May 11, 2026 | Maughan David Paul Chief Operating Officer, DKC | Sale | 7,073 | $1.41M |
| May 7, 2026 | ACKERMAN JOEL CFO and Treasurer | Sale | 51,471 | $9.89M |
| May 6, 2026 | HEARTY JAMES O Chief Compliance Officer | Sale | 2,184 | $381.9K |
| May 1, 2026 | BERKSHIRE HATHAWAY INC 10% owner | Sale | 1,220,376 | $182.86M |
| Mar 15, 2026 | Hollar Jason M. Director | Award | 332 | $0 |
| Mar 15, 2026 | BERRY CHRISTOPHER MICHAEL Chief Accounting Officer | Award | 3,649 | $0 |
| Mar 15, 2026 | ACKERMAN JOEL CFO and Treasurer | Tax withheld | 5,765 | $868.9K |
| Mar 15, 2026 | ACKERMAN JOEL CFO and Treasurer | Tax withheld | 3,362 | $506.7K |
| Mar 15, 2026 | ACKERMAN JOEL CFO and Treasurer | Award | 5,706 | $0 |
| Mar 15, 2026 | Schechter Adam H Director | Award | 332 | $0 |
| Mar 15, 2026 | Moore Gregory J. Director | Award | 332 | $0 |
| Mar 15, 2026 | Waters Kathleen Alyce Chief Legal & Pub. Affairs Off | Tax withheld | 4,348 | $655.3K |
| Mar 15, 2026 | Waters Kathleen Alyce Chief Legal & Pub. Affairs Off | Tax withheld | 940 | $141.7K |
| Mar 15, 2026 | Waters Kathleen Alyce Chief Legal & Pub. Affairs Off | Tax withheld | 26,118 | $3.94M |
| Mar 15, 2026 | Waters Kathleen Alyce Chief Legal & Pub. Affairs Off | Tax withheld | 2,457 | $370.3K |
| Mar 15, 2026 | Waters Kathleen Alyce Chief Legal & Pub. Affairs Off | Award | 3,185 | $0 |
| Mar 15, 2026 | HEARTY JAMES O Chief Compliance Officer | Tax withheld | 1,525 | $229.8K |
| Mar 15, 2026 | ACKERMAN JOEL CFO and Treasurer | Tax withheld | 33,693 | $5.08M |
| Mar 15, 2026 | HEARTY JAMES O Chief Compliance Officer | Tax withheld | 300 | $45.2K |
| Mar 15, 2026 | HEARTY JAMES O Chief Compliance Officer | Tax withheld | 8,984 | $1.35M |
| Mar 15, 2026 | HEARTY JAMES O Chief Compliance Officer | Tax withheld | 769 | $115.9K |
| Mar 15, 2026 | HEARTY JAMES O Chief Compliance Officer | Award | 1,128 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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