Earnings Releases·Nov 6, 2026, 6:34 AM ET

Brookdale Senior Living Inc. — Third Quarter 2026 Earnings Summary

Reported a net loss of $13.9 million for Q3 2026, a significant improvement from the $114.7 million loss in the prior year period, while Adjusted EBITDA rose 12.0% year-over-year to $124.3 million.
Revised full-year 2026 Adjusted EBITDA guidance down to $495–$502 million (from $502–$516 million) and RevPAR growth guidance to 7.4–7.9% (from 8.0–9.0%), citing slower occupancy growth, marketing investments, and the impact of a fire at the Clinton, Mississippi community.
Executed active portfolio optimization with 24 owned communities sold for $178.6 million in net proceeds to date and completed the acquisition of 17 leased communities for $157.4 million, with a definitive agreement to acquire 30 additional leased communities for $290.0 million expected to close in Q4 2026.
Strengthened balance sheet with total liquidity of $523.6 million as of September 30, 2026, including $323.4 million in unrestricted cash, alongside debt refinancing that eliminated maturities until 2028 and the settlement of $23.3 million in convertible senior notes.