What is the margin profile for the quarter—has operating margin improved despite higher revenues?

Short answer:

Based on the excerpt you provided, the report does not disclose the operating‑income or operating‑margin figures for the quarter, so we cannot definitively say whether the operating margin improved (or deteriorated) despite the higher revenues.

Why the margin can’t be confirmed from the current information

Because the release cuts off right after the phrase “same‑facility net opera…”, we do not see any statement such as “operating income for the quarter was $X million, representing an operating margin of Y%,” which is the typical language used in earnings releases to discuss margin performance.

How you could determine the margin (if the missing data were available)

1. Locate the operating income figure in the full press release or the accompanying earnings slide deck (usually listed as “Operating Income,” “EBIT,” or “Adjusted EBITDA”).
   
2. Compute the operating margin:
   

[
\text{Operating Margin (\%)} = \frac{\text{Operating Income}}{\text{Net Operating Revenue}} \times 100
]

1. Compare it to the prior‑year quarter (Q2 2024) to see if the margin has moved higher or lower.
   
2. Interpret the change in the context of the revenue growth drivers (e.g., higher same‑facility revenue, new acquisitions, price increases) and expense trends (e.g., staffing costs, supply‑chain inflation).

What you can reasonably infer

• Revenue growth is strong: a 24.7% year‑over‑year increase in net operating revenue is sizable and driven in part by a 9.6% boost in same‑facility revenue, indicating organic growth rather than just acquisition‑driven expansion.
• Margin direction is uncertain: Higher revenue can improve margin if operating costs stay flat or grow slower, but it can also compress margin if the company is incurring additional expenses (e.g., higher labor costs, integration costs from acquisitions, or increased cost‑of‑goods‑sold). Without the operating‑income number, we cannot confirm which scenario applies.

Next steps for a complete answer

1. Retrieve the full earnings release (typically available on National HealthCare’s investor‑relations website or the Business Wire archive). Look for a section titled “Operating Income,” “EBIT,” or “Adjusted EBITDA.”
2. Check the accompanying earnings presentation (often a PDF titled “Q2 2025 Earnings Release” or “Quarterly Results”) which usually contains a table with revenue, operating income, and operating margin side‑by‑side.
3. If the company files a Form 10‑Q for the quarter, the financial statements there will also provide the exact operating‑income figure.

Once you have that data, you can plug it into the simple margin formula above and directly answer whether the operating margin improved despite the higher revenues. Until then, the answer must remain “insufficient information to determine margin performance.”