Addus HomeCare Corporation reported total revenue of $363.6 million [1] for the first quarter of 2026, an increase of 7.7% over the previous year [1].

The financial results and strategic expansion indicate the company's effort to scale its personal care footprint while maintaining profit margins. This growth comes as the provider targets new geographic markets to diversify its client base.

Non-GAAP profit for the quarter reached $1.62 per share [4], a figure that was 4.9% above analysts' consensus estimates [5]. The company reported that revenue for the first quarter of 2025 was $337.7 million [3], showing a steady upward trend in total sales.

During a conference call on May 4, management announced an acquisition that marks the company's entry into Indiana. The state is adjacent to Illinois, which currently serves as the largest personal care market for Addus.

"This acquisition marks our entry into an attractive state that is adjacent to our largest personal care market of Illinois," management said [6].

CFO Brian W. Poff and President and COO Heather Dixon joined the call to discuss the fiscal trajectory. The company said it anticipates its adjusted EBITDA margin for 2026 will remain above 12% [7] as it integrates the new Indiana operations.

"Our total revenue for the first Quarter of 2026 was $363.6 million, an increase of 7.7% as compared to $337.7 million for the first quarter of 2025," the CEO and Chairman of the Board said [2].

The company's first quarter ended on March 31, 2026 [8]. The reported figures suggest a period of expansion that balances aggressive market entry with a commitment to specific margin targets.

“Total revenue for the first Quarter of 2026 was $363.6 million, an increase of 7.7%”

The expansion into Indiana represents a strategic 'cluster' growth strategy, allowing Addus to leverage its existing operational expertise in Illinois to lower the risk of entering a new state. By maintaining a target EBITDA margin above 12% during this growth phase, the company is attempting to prove to investors that it can scale its footprint without sacrificing profitability.