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PACS Group, Inc. — Third Quarter 2026 Earnings Summary

PACS Group, Inc. reported third-quarter 2026 revenue of $1.50 billion, representing an 11.5% increase from the prior year, with net income rising 16.2% to $60.8 million. Adjusted EBITDA grew 33.6% to $175.7 million, while same-store skilled nursing facility revenue increased 6.4% and overall occupancy improved to 90.2%. The company completed acquisitions of 11 facilities in Texas and 32 facilities in Florida, expanding its portfolio to 398 operations across 21 states. Consequently, PACS raised its full-year 2026 adjusted EBITDA guidance to a range of $685 million to $695 million and revenue guidance to $5.95 billion to $6.05 billion.

Company
PACS GROUP INC
Sector
Healthcare
Industry
Medical Care Facilities