Nutex Health Inc.(NUTX)Stock Analysis
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Rank #169 of 2,879 stocksTOP 10%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
NUTX Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Nutex Health Inc. (NUTX), a Industrials sector company. 13F Pro's AI-powered ranking engine scores NUTX at 74.0/100 on a 32-signal composite quality model, placing it at rank #169 of 2,879 stocks — the top 10% of the AI-ranked universe. NUTX scores in the top quartile across revenue growth (95.5), balance sheet strength (89.2), free cash flow (83.6). Areas of concern include earnings quality (30.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 14.6/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Nutex Health Inc. reports quarterly revenue of $216.5M, net income of $46.8M, an operating margin of 37.5%. Top institutional holders of NUTX by reported 13-F value include BlackRock,, Pertento Partners LLP, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. NUTX trades on the Nasdaq exchange and files with the SEC under CIK 1479681. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NUTX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Nutex Health Inc. directly from SEC EDGAR. Nutex Health Inc.'s 13F Pro composite quality score has ranged between 8 and 80 since 2022, currently 74.0 — a stable long-term trajectory across 50 quarterly and live scoring snapshots.
What's Driving NUTX's Business? Latest 10-Q Breakdown
AI-extracted from Nutex Health Inc.'s 10-Q filed 2026-04-30 — Q1 FY2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Biggest Revenue Drivers
Total revenue: $216.5M+2.2% YoY
Increase in cash collections and billable visits slightly offset by decrease in net revenue per visit; same-hospital revenue +0.2%.
Growth principally through addition of new independent physician associations.
Largest Expense Items
Total cost of arbitration for hospital and professional services increased from $26.3M; includes IDR vendor fees and CIDRE payments.
Higher payroll driven by increased operations and staffing for population health management division.
Watch Items from the Filing
- Arbitration costs escalated to $46.1M in Q1 2026 from $26.3M in Q1 2025 (+75%), representing 21% of hospital division revenue. Further cost increases could materially pressure margins if revenue growth stalls.
- Litigation risk: ABQ Plaintiffs dispute reverse stock split adjustment to Parent Stock Price Floor, potentially forcing issuance of significantly higher shares; trial set September 21, 2026. Eight hospitals' earn-out shares already total ~1.37M shares (19.8% of outstanding).
- Securities class action and derivative litigation pending regarding alleged misstatements about IDR vendor conduct and internal controls; motion to dismiss filed April 3, 2026. Company unable to estimate financial exposure.
- Same-hospital revenue growth of only 0.2% while total visits grew 3.1%, indicating that new facility openings (2 in 2025) are driving growth, not same-store strength. Net revenue per visit declined YoY.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$216.5M
Net Income
Q1 2026
$46.8M
Free Cash Flow
Q1 2026
$74.3M
Operating Margin
Q1 2026
37.5%
D/E Ratio
Q1 2026
0.12
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+253.4% YoYNet Income
+254.6% YoYOperating Income
+967.5% YoYEPS (Diluted)
+655100.0% YoYTotal Assets
+130.6% YoYTotal Debt
+14.5% YoYOp. Cash Flow
+19639.5% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Revenue | $875.3M +253.4% | $247.6M +12.9% | $219.3M -33.9% | $331.5M | $0.00 -100.0% | $474.7K |
| Net Income | $70.8M +254.6% | $-45.8M +89.2% | $-424.8M -420.4% | $132.6M +1884.0% | $-7.4M -8968.1% | $83.8K |
| Operating Income | $275.6M +967.5% | $-31.8M +92.2% | $-406.6M -338.8% | $170.3M +38055.1% | $-448.6K +15.8% | $-533.0K |
| EPS (Diluted) | $10.48 +655100.0% | $-0.00 +89.3% | $-0.01 -406.1% | $0.00 | — | — |
| Total Assets | $918.5M +130.6% | $398.2M -7.8% | $431.8M +9.4% | $394.7M +77155.9% | $510.8K -93.3% | $7.6M |
| Total Debt | $42.5M +14.5% | $37.1M +4.3% | $35.6M -80.0% | $178.3M | — | — |
| Operating Cash Flow | $248.1M +19639.5% | $1.3M -97.5% | $50.6M -70.8% | $173.4M +63345.1% | $-274.2K -710.6% | $44.9K |
AI Insight: NUTX Financial Trends
Operating cash flow surged to $76M in Q1 2026 while equity nearly doubled year-over-year to $346M, signaling a dramatically strengthened balance sheet.
• Revenue jumped from ~$77M average in Q2–Q3 2024 to $216M in Q1 2026, reflecting a step-change in scale after Q4 2024.
• Equity expanded from $63M in Q2 2024 to $346M in Q1 2026, a more than 5x increase over six quarters.
• Operating cash flow recovered strongly to $76M–$100M in Q4 2025 and Q1 2026 after near-zero in Q4 2024.
• Net income remains volatile, swinging from $-11M in Q2 2025 to $55M in Q3 2025 and $12M in Q4 2025.
⚠ Operating income dropped sharply to $31M in Q4 2025 from $130M in Q3 2025 — revenue also fell $116M sequentially.
⚠ Total debt crept up from $35M in Q1 2025 to $44M in Q3 2025, though still modest relative to $346M equity.
⚠ Persistent net income volatility despite rising operating income suggests significant non-operating or one-time items warrant scrutiny.
AI Insight: NUTX Ratio Trends
Leverage has collapsed from 0.62 to 0.12 D/E while Q1 2026 ROIC hit 83.9%, signaling a dramatically strengthened capital structure.
• D/E ratio fell from 0.62 in Q3 2024 to 0.12 in Q1 2026, a near-five-fold reduction in leverage over five quarters.
• ROIC surged to 83.9% in Q1 2026 from 21.3% in Q2 2024, reflecting sharply higher returns on invested capital.
• Operating margin is highly volatile, swinging from 7.0% in Q2 2024 to 48.7% in Q3 2025 and back to 20.4% in Q4 2025.
• Net profit margin turned solidly positive in Q1 2026 at 21.6%, recovering from losses of -11.2% in Q3 2024 and -4.6% in Q2 2025.
⚠ Quarter-to-quarter margin swings are extreme — two of the last five quarters posted negative NPM, flagging recurring earnings volatility.
⚠ ROIC data is missing for Q4 2024, Q1 2025, and Q3 2025, limiting visibility into capital efficiency trends across periods.
⚠ TTM OpMargin of 32.4% trails Q1 2026's 37.5%, suggesting recent quarterly improvement may not yet be fully reflected in trailing results.
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Top Institutional Holders of NUTX
BlackRock, Inc.
$36.1M379,355 shPertento Partners LLP
$35.5M373,970 shVANGUARD CAPITAL MANAGEMENT LLC
$20.8M219,131 shAMERICAN CENTURY COMPANIES INC
$19.3M203,450 shTopline Capital Management, LLC
$16.9M177,800 shSTATE STREET CORP
$11.7M123,177 shGEODE CAPITAL MANAGEMENT, LLC
$11.6M122,113 shMILLENNIUM MANAGEMENT LLC
$8.5M89,571 shUBS Group AG
$6.6M69,570 shWINMILL & CO. INC
$6.2M65,350 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $36.1M | 379,355 |
| Pertento Partners LLP | $35.5M | 373,970 |
| VANGUARD CAPITAL MANAGEMENT LLC | $20.8M | 219,131 |
| AMERICAN CENTURY COMPANIES INC | $19.3M | 203,450 |
| Topline Capital Management, LLC | $16.9M | 177,800 |
| STATE STREET CORP | $11.7M | 123,177 |
| GEODE CAPITAL MANAGEMENT, LLC | $11.6M | 122,113 |
| MILLENNIUM MANAGEMENT LLC | $8.5M | 89,571 |
| UBS Group AG | $6.6M | 69,570 |
| WINMILL & CO. INC | $6.2M | 65,350 |
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Is NUTX a good stock to buy?
13F Pro's AI-powered analysis of Nutex Health Inc. (NUTX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for NUTX are available on the NUTX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own NUTX?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling NUTX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Nutex Health Inc.'s investment landscape.