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Item 3 — Quantitative and Qualitative Disclosures About Market Risk
Addus Homecare Corp · 10-Q · Q2 FY2026 · Period ended Jun 30, 2026
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We are exposed to market risk associated with changes in interest rates on our variable rate long-term debt. As of June 30, 2026, we had outstanding borrowings of approximately $64.3 million on our credit facility, and all of such borrowings were subject to variable interest rates. If the variable rates on this debt were 100 basis points higher than the rate applicable to the borrowing during the six-month period ended June 30, 2026, our net income would have decreased by $0.4 million, or $0.02 per diluted share. We do not currently have any derivative or hedging arrangements, or other known exposures, to changes in interest rates.