Every material Form 8-K Medical Properties Trust filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Medical Properties Trust reported third-quarter 2026 net income of $202 million ($0.34 per share), compared with a net loss of $78 million a year earlier, including a $158 million gain on asset sales. Normalized funds from operations (NFFO) fell to $64 million ($0.11 per share) from $77 million, which the company said was partly due to tenant HSA not paying September rent. The company says asset sales and debt refinancing generated proceeds to reduce debt.
Net income of $202 million ($0.34 per share) versus a net loss of $78 million ($0.13 per share) in the year-earlier quarter.
NFFO of $64 million ($0.11 per share) versus $77 million ($0.13 per share); the company said HSA's unpaid September rent reduced NFFO by two cents.
Asset sales produced about $680 million in cash proceeds in the quarter; a private offering of about $2.4 billion of secured notes was completed, with a $70 million gain on debt refinancing.
The company continues to expect portfolio cash rents in excess of $1.0 billion in 2027; a $0.09 quarterly dividend was paid in October 2026.
On August 10, 2026, MPT's operating partnership closed a private placement and private exchange issuing $2.4 billion of 9.25% senior secured notes due February 15, 2032. The company said proceeds will fund the full redemption of its 2026 senior notes and a partial redemption of its 2027 senior notes, and the exchange refinanced about $1.5 billion of unsecured notes maturing from 2027 to 2031.
$2.4 billion aggregate principal of 9.25% senior secured notes due February 15, 2032, issued August 10, 2026
Proceeds to fully redeem 2026 senior notes and partly redeem 2027 senior notes; private exchange refinanced about $1.5 billion of 2027–2031 unsecured notes
Interest paid semi-annually on June 15 and December 15, starting December 15, 2026; holders may require repurchase at 101% upon a change of control
Medical Properties Trust reported a smaller second-quarter 2026 net loss than a year earlier, with total revenues and normalized FFO both higher. The company also announced a $2.4 billion private placement and exchange of 9.25% senior secured notes due 2032, which it says is expected to close imminently and will repay 2026 notes and about half of its 2027 notes.
Q2 2026 net loss of $3 million ($0.01 per share), compared with a net loss of $98 million ($0.16 per share) in Q2 2025
Normalized FFO of $92 million ($0.15 per share), up from $81 million ($0.14 per share) a year earlier
Total revenues of $259.3 million for Q2 2026, compared with $240.4 million in Q2 2025
$2.4 billion of new 9.25% senior secured notes due 2032; proceeds to repay 2026 notes and about 50% of 2027 notes
Medical Properties Trust reported first-quarter 2026 net income of $33 million ($0.05 per share), compared with a net loss of $118 million a year earlier. Normalized FFO was $82 million ($0.14 per share), roughly flat with $81 million a year earlier, and total revenues rose to $252 million from $224 million. The company said its hospital tenants are ramping rent payments and that it expects annualized cash rent of at least $1 billion by year-end.
Q1 2026 net income of $33 million ($0.05 per share) versus a net loss of $118 million ($0.20 per share) in Q1 2025
Normalized FFO of $82 million ($0.14 per share), compared with $81 million ($0.14 per share) a year earlier
Total revenues of $252 million, up from $224 million; sold two facilities for about $31 million in aggregate proceeds
Paid a regular quarterly dividend of $0.09 per share in April 2026
Medical Properties Trust reported fourth-quarter 2025 net income of $17 million ($0.03 per share), compared with a net loss of $413 million a year earlier. For full-year 2025 it reported a net loss of $277 million ($0.46 per share), an improvement from a $2.4 billion loss in 2024, but normalized funds from operations (NFFO) fell to $346 million ($0.58 per share) from $483 million ($0.80 per share). The results include a one-time $18 million rent payment from Vibra Healthcare, which was recorded on a cash basis.
Q4 2025 net income was $17 million ($0.03 per share) versus a net loss of $413 million ($0.69 per share) in Q4 2024; Q4 NFFO was $107 million ($0.18 per share), essentially flat with $108 million a year earlier
Full-year 2025 NFFO was $346 million ($0.58 per share) versus $483 million ($0.80 per share) in 2024; full-year net loss narrowed to $277 million from $2.4 billion
A new lease for six California hospitals formerly operated by Prospect Medical Holdings is scheduled to ramp up to $45 million of annual rent in December 2026
The company repurchased about 4.5 million shares for $23.4 million and declared a regular quarterly dividend of $0.09 per share in February 2026
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Medical Properties Trust filing is on SEC EDGAR ↗. 8-K briefs of other companies →