PACS Group FY26 Q1 net income rises 184.2% to $80.67 million; revenue climbs 11.2% to $1.42 billion

PACS Group, Inc.

PACS Group, Inc.

PACS

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  • PACS Group posted net income of USD 80.67 million, up 184.2%, as revenue climbed 11.2% to USD 1.42 billion.
  • Operating income jumped 149.3% to USD 120.04 million, while operating expenses increased 5.8% to USD 1.3 billion.
  • Skilled nursing services revenue rose 9.9% to USD 1.38 billion; results included USD 23.3 million from California’s Workforce & Quality Incentive Program.
  • Occupancy rate for skilled nursing services improved 1.6 percentage points to 90.8%, while actual patient days increased 3.5% to 2,677,424.
  • Board authorized a USD 250 million share repurchase program, effective May 7, 2026.


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