Orlando (Fla.) Health recorded an operating income of $76.1 million (3% operating margin) in the first quarter of 2026, up from an operating income of $63.8 million (2.9% margin), according to its Feb. 20 financial report.
Total operating revenue was $2.5 billion for the three months ended Dec. 31, up from $2.2 billion during the same quarter last year. Net patient service revenue was $2.3 billion, up from $2 billion.
Total operating expenses were $2.4 billion for the quarter, up from $2.1 billion during the same period last year. Salaries and benefits totaled $1.3 billion, up from $1.1 billion. Supply costs totaled $584.1 million, up from $492.3 million.
Orlando Health said it has about $1.5 billion in construction projects in the works. Projects include $575 million earmarked for new bed towers, $217 million for medical pavilions and institutes and $157 million for freestanding emergency departments.
The health system reported a net income of $200.9 million in the first quarter, up from $9.2 million last year. Orlando Health said it recorded $115.9 million in investment income during the first quarter of 2026, compared to $57.3 million in investment losses during the same quarter last year.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
