Earnings Releases·Nov 12, 2026, 4:17 PM ET

Park Dental Partners — Third Quarter 2026 Earnings Summary

Revenue grew 6.0% year-over-year to $64.9 million for the quarter and 5.8% to $193.8 million year-to-date, while gross margin contracted to 12.6% from 15.4% in the prior-year period.
Net income rose 36.1% to $1.7 million for the quarter, though year-to-date net income fell 50.6% to $2.7 million; Adjusted EBITDA declined 6.2% to $5.0 million for the quarter and 6.6% to $17.1 million year-to-date.
Full-year 2026 guidance was issued with revenue expected between $262.0 million and $265.0 million and Adjusted EBITDA between $21.2 million and $22.2 million, incorporating the November 6 acquisition of Village Family DSO and impacts from a Q3 cybersecurity event.
The network expanded to 225 affiliated doctors (up 3.2% year-over-year) with same-practice revenue growth of 3.2% for the quarter, down from 9.9% in the prior year.
Capital investments totaled $7.6 million year-to-date, and the company maintains $23.2 million in cash with $10.6 million in total debt outstanding.