- Fourth Quarter Revenues Increase 3.1% Year over Year -
- Full Year Revenues of $54.9 Million, Net Income of $2.9 Million
and a 13.9% Increase in Adjusted EBITDA to $13.0 Million -
SCOTTSDALE, Ariz., March 12, 2026 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ: JYNT) (the "Company”), a national operator, manager, and franchisor of chiropractic clinics, reported financial results for the fourth quarter and full year ended December 31, 2025. The following figures represent continuing operations unless otherwise stated.
"Progress on our broad range of initiatives includes a more holistic marketing approach to amplify our brand awareness through a partial shift in advertising spend from local to national media, higher search authority for our individual clinic websites, and an improvement in our patient attrition rate. In addition, more robust pre-opening protocols have resulted in 2025 clinic openings achieving breakeven performance in half the time than previously achieved.
"Simultaneous with the steps we have taken to reignite growth, increase profitability, and become a pure-play franchisor, we repurchased 1.3 million shares of our common stock in 2025 as part of our capital allocation strategy. Continued progress on Joint 2.0 will help unlock the true power of our post re-franchise profit structure which will be further bolstered as our multi-year top-line growth strategies gain traction. We entered 2026 with a stronger foundation for driving sustainable improvements in our financial results, which will further benefit from reductions in our cost structure as we complete the transition to a pure-play franchisor and capital light operating model.”
Revenue increased 3.1% to $15.2 million, compared to $14.7 million in the fourth quarter of 2024. Cost of revenue was $2.8 million, down 11.5% compared to the prior year, reflecting lower regional developer royalties.
Selling and marketing expenses were $3.5 million, up 25.2% primarily driven by expenses associated with enhanced national marketing and one-off costs associated with transitioning to a new marketing agency. Depreciation and amortization expenses increased $80,000. General and administrative expenses increased 2.2% to $7.7 million.
Consolidated net income was $1.0 million, compared to net income of $18,000 in the fourth quarter of 2024. Net income from continuing operations was $937,000, compared to $909,000 in the fourth quarter of 2024. Consolidated EPS was $0.07 per diluted share, compared to $0.00 per diluted share in the fourth quarter of 2024.
Adjusted EBITDA from consolidated operations increased 7.8% to $3.6 million, and Adjusted EBITDA from continuing operations was $1.6 million, compared to Adjusted EBITDA from consolidated operations of $3.3 million and Adjusted EBITDA from continuing operations of $2.0 million in the fourth quarter of 2024.