Earnings Releases·Nov 5, 2026, 7:32 AM ET

Sonida Senior Living — Third Quarter 2026 Earnings Summary

Net loss narrowed to $34.3 million ($0.72/share) from $28.3 million ($1.56/share) in the prior year period, while Adjusted EBITDA rose 26.2% to $46.8 million and Total revenues increased to $210.2 million from $98.0 million.
Same-Store SHOP NOI grew 15.6% to $52.0 million and occupancy rose 200 basis points to 88.6%, driven by a 4.6% increase in Same-Store RevPOR to $5,413.
The company advanced the CHP integration through significant acquisitions, including the March 2026 merger, a September Florida purchase, and six communities acquired in October totaling $135.5 million.
Financing activities included a $380 million term loan draw, $68.0 million raised via the ATM program, and the conversion of all Series A preferred stock, leaving $148.1 million in cash equivalents.
Management forecasts sustained earnings growth by leveraging its operating playbook across the expanded portfolio, though risks remain regarding cash flow generation, debt refinancing, and integration execution.