BTSGUBTSGHealthcareProvider Services + Pharma·Sep 3, 2026·1 min read

BTSGU: FY25 Deep Dive

BrightSpring Health TEU. FY25 (underlying) $12.91B revenue (+15%). NI $191M.

BTSGU: FY25 Deep Dive

BTSGU is BrightSpring Health Services Tangible Equity Unit (mandatory exchangeable). Underlying common BTSG: FY25 revenue $12.91B (+15%); NI $191M (vs -$18M FY24). Healthcare services.

BrightSpring Health Services (common: BTSG; TEU: BTSGU) FY25 $12.91B revenue (+15%). NI $191M; EPS $0.87. Pharma + Provider Services for healthcare. The TEU (BTSGU) converts to common shares 2027.

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