National Healthcare Q1 net income rises 11.3% to $35.86 million; revenue climbs 2.2% to $381.82 million

National HealthCare Corporation

National HealthCare Corporation

NHC

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  • National Healthcare Corporation posted GAAP net income attributable to stockholders of USD 35.86 million for the quarter ended March 31, 2026, up from USD 32.21 million a year earlier; diluted EPS rose to USD 2.27 from USD 2.07.
  • Net operating revenues increased 2.2% to USD 381.82 million, while operating income climbed to USD 32.25 million from USD 30.77 million.
  • Cash provided by operating activities jumped 59.3% to USD 62.53 million, while cash used in financing activities widened to USD 54.5 million as USD 40 million went to debt paydown.
  • Skilled nursing occupancy edged up to 90.0% from 89.3%, while agency nurse staffing expense fell to USD 1.06 million from USD 1.49 million.
  • NHC signed a deal on April 21, 2026 to buy real estate for 32 skilled nursing facilities and three independent living facilities from NHI for USD 560 million, while continuing to operate all sites except four Florida skilled nursing facilities.


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