FY2025 · ended Dec 31, 2025 · Revenue $173.61M, -15.5% YoY · Filed Mar 27, 2026
SBC Medical Group Holdings Incorporated (SBC) files with the SEC under industry code 8011, Services-Offices & Clinics of Doctors of Medicine. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $173.6 million and net income of $51.0 million. Free cash flow was $23.3 million. As of Jun 30, 2026 it held $185.9 million in cash and investments and $48.2 million in total debt.
Company profile
- Industry
- Services-Offices & Clinics of Doctors of Medicine (SIC 8011)
- Listed as
- SBC (Nasdaq), SBCWW (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Irvine, CA
- SEC filer status
- Non-accelerated filer, Smaller reporting company, Emerging growth company
- SEC CIK
- 1930313
- Former names
- Pono Capital Two, Inc. (until Aug 29, 2024)
Other Services-Offices & Clinics of Doctors of Medicine companies
- Hims & Hers Health, Inc. HIMS
- Teladoc Health, Inc. TDOC
- Starling Oncology, Inc. STLN
- Auna S.A. AUNA
- Airsculpt Technologies, Inc. AIRS
- LifeMD, Inc. LFMD
- Westin Acquisition Corp WSTN
- Basel Medical Group Ltd BMGL
All 12 Services-Offices & Clinics of Doctors of Medicine companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
|---|---|---|---|
| Revenue | $173.6M | $205.4M | — |
| Operating income | $67.5M | $70.3M | $70.7M |
| Net income | $51.0M | $46.6M | $39.4M |
| Diluted EPS | $0.50 | $0.48 | — |
| Operating cash flow | $24.7M | $20.6M | $50.7M |
| Free cash flow | $23.3M | $18.0M | — |
| Total assets | $380.4M | $266.1M | $258.8M |
| Total liabilities | $117.1M | $71.1M | $115.0M |
| Stockholders' equity | $248.3M | $195.1M | $142.2M |
| Cash and investments | $164.1M | $128.1M | — |
| Total debt | $51.6M | $12.2M | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Aug 13, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 13, 2026 | Aug 13, 2026 |
| 8-K |
Current report
Listing notice, Change to shareholder rights, Bylaw or fiscal year change, Shareholder vote results
|
Jul 14, 2026 | Jul 8, 2026 |
| ARS | Annual report to shareholders | May 28, 2026 | Dec 31, 2025 |
| 8-K |
Current report
Officer or director change
|
May 20, 2026 | May 14, 2026 |
| 10-Q | Quarterly report | May 14, 2026 | Mar 31, 2026 |
All 232 SBC Medical Group Holdings Incorporated SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.