Earnings Releases·Nov 4, 2026, 4:13 PM ET

The Pennant Group, Inc. — Third Quarter 2026 Earnings Summary

Total revenue grew 32.0% year-over-year to $302.3 million, while net income and adjusted net income increased 58.5% and 21.6% respectively to $9.6 million and $12.7 million.
Consolidated Adjusted EBITDA rose 42.4% year-over-year to $24.7 million, driven by a 38.2% revenue surge in Home Health and Hospice Services, though Senior Living Services saw a 250 basis point decline in average occupancy.
Management confirmed results align with full-year guidance, citing successful execution of five key initiatives and a multi-year leadership development strategy to unlock portfolio upside.
The company expanded its footprint with 75 new home health/hospice locations and 16 senior living communities over the past two years, resulting in long-term debt increasing to $193.3 million as of September 30, 2026.