Imaging services provider RadNet reported a 22.1% increase in revenue for its third quarter of 2026, citing growth in advanced imaging volumes, new center openings, acquisitions, improved commercial reimbursement, and expansion of its Digital Health segment.
For the period (end-September 30), RadNet had total revenue of $638.3 million, up from $522.9 million in the same quarter a year earlier. Net income attributable to the company was $4.2 million, versus $5.4 million in the prior-year quarter. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) rose 23.8% to $105 million from $84.9 million. The company's Digital Health segment revenue increased 32.6% to $32.9 million.
Advanced imaging procedure volumes rose 19.9% overall and 8.9% on a same-center basis. By modality, MRI volume increased 18.3%, CT 22%, and PET/CT 30.4%. Advanced imaging made up 30.6% of all procedures, up from 28.2% a year earlier.
RadNet also raised its full-year 2026 guidance for the imaging center segment. It now expects revenue of $2.385 billion to $2.435 billion and adjusted EBITDA of $350 million to $363 million.
