v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 115,281 $ 197,016
Accounts receivable, net 660,256 628,128
Other receivables 89,847 73,965
Prepaid expenses and other current assets 81,356 170,630
Total Current Assets 946,740 1,069,739
Property and equipment, net 1,451,640 1,201,096
Operating lease right-of-use assets 2,969,730 2,968,176
Insurance subsidiary deposits and investments 164,703 87,192
Escrow funds 25,468 18,404
Goodwill and other indefinite-lived assets 151,115 68,061
Other assets 208,787 171,366
Total Assets 5,918,183 5,584,034
Current Liabilities:    
Accounts payable 177,273 192,232
Accrued payroll and benefits 252,885 187,516
Current operating lease liabilities 174,884 153,066
Current maturities of long-term debt 7,984 4,463
Current portion of accrued self-insurance liabilities 160,724 128,994
Refund liability 181,129 181,129
Other accrued expenses 227,423 154,030
Total Current Liabilities 1,182,302 1,001,430
Long-term operating lease liabilities 2,933,068 2,939,854
Line of credit 0 100,000
Long-term debt, less current maturities, net of deferred financing fees 264,350 244,803
Accrued self-insurance liabilities, less current portion 243,582 192,561
Other liabilities 76,169 152,937
Total Liabilities 4,699,471 4,631,585
Commitments and contingencies (Note 15)
Equity:    
Common stock: $0.001 par value; 1,250,000,000 shares authorized; 158,723,071 shares issued and outstanding as of September 30, 2026, and 156,615,144 shares issued and outstanding as of December 31, 2025 159 157
Additional paid-in capital 686,635 637,035
Retained earnings 527,462 309,579
Total PACS Group, Inc. stockholders' equity 1,214,256 946,771
Noncontrolling interest in subsidiary 4,456 5,678
Total Equity 1,218,712 952,449
Total Liabilities and Equity $ 5,918,183 $ 5,584,034

Source

10-Q PDF
XBRL