PACS Group raises 2026 guidance after Q3 revenue rises 11.5% to $1.50 billion
PACS Group reported third-quarter 2026 revenue of $1.50 billion, up 11.5%, and net income of $60.8 million, up 16.2% from the prior-year period. The company raised its full-year 2026 Adjusted EBITDA guidance to $685 million to $695 million, from $640 million to $660 million, and its revenue guidance to $5.95 billion to $6.05 billion, from $5.75 billion to $5.85 billion.
Key points
- Q3 2026 Adjusted EBITDA was $175.7 million, up 33.6% from $131.5 million a year earlier; diluted EPS was $0.37, up 15.6%.
- Full-year 2026 Adjusted EBITDA guidance raised to $685 million to $695 million; revenue guidance raised to $5.95 billion to $6.05 billion.
- Same-store skilled nursing revenue rose 6.4% and occupancy reached 91.3%, up from 89.3% a year earlier.
- The Florida acquisition of 32 skilled nursing facilities closed on October 1, 2026; the company held $707.4 million in available liquidity at September 30, 2026.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.