v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue        
Patient and resident service revenue $ 1,427,497 $ 1,308,881 $ 2,847,456 $ 2,585,866
Other revenues 501 355 1,036 520
Total Revenue 1,427,998 1,309,236 2,848,492 2,586,386
Operating Expenses        
Cost of services 1,089,538 1,020,879 2,164,074 2,044,670
Rent - cost of services 94,700 94,348 190,231 188,143
General and administrative expense 114,308 100,332 226,623 199,051
Depreciation and amortization 20,121 13,178 38,198 25,883
Total Operating Expenses 1,318,667 1,228,737 2,619,126 2,457,747
Operating income 109,331 80,499 229,366 128,639
Other (Expense) Income        
Interest expense (6,042) (4,354) (12,466) (11,258)
Other income, net 2,548 2,467 2,673 3,961
Total Other Expense, Net (3,494) (1,887) (9,793) (7,297)
Income before provision for income taxes 105,837 78,612 219,573 121,342
Provision for income taxes 29,488 27,646 62,556 41,996
Net Income 76,349 50,966 157,017 79,346
Net (loss) income attributable to noncontrolling interest (21) 3 (48) (89)
Net Income Attributable To PACS Group, Inc. $ 76,370 $ 50,963 $ 157,065 $ 79,435
Net Income Per Share Attributable To PACS Group, Inc.        
Basic (in us dollars per share) $ 0.48 $ 0.33 $ 1.00 $ 0.51
Diluted (in us dollars per share) $ 0.47 $ 0.31 $ 0.97 $ 0.48
Weighted-Average Common Shares Outstanding        
Basic (in shares) 158,113,224 156,335,230 157,596,175 155,759,569
Diluted (in shares) 161,986,725 165,474,133 162,013,611 165,942,274