v3.25.3
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue        
Patient and resident service revenue $ 1,344,302 $ 1,024,276 $ 3,930,168 $ 2,878,946
Other revenues 265 2,029 785 2,900
Total Revenue 1,344,567 1,026,305 3,930,953 2,881,846
Operating Expenses        
Cost of services 1,046,262 849,599 3,090,932 2,347,738
Rent - cost of services 95,107 72,632 283,250 200,954
General and administrative expense 102,528 70,587 301,579 254,167
Depreciation and amortization 14,401 10,523 40,284 27,893
Total Operating Expenses 1,258,298 1,003,341 3,716,045 2,830,752
Operating income 86,269 22,964 214,908 51,094
Other (Expense) Income        
Interest expense (8,529) (9,029) (19,787) (35,040)
Gain on lease termination 0 0 0 8,046
Other (expense) income, net (1,444) 19,721 2,517 16,256
Total Other (Expense) Income, Net (9,973) 10,692 (17,270) (10,738)
Income before provision for income taxes 76,296 33,656 197,638 40,356
Provision for income taxes 23,966 17,446 65,962 21,203
Net Income 52,330 16,210 131,676 19,153
Net (loss) income attributable to noncontrolling interest (76) 590 (165) 594
Net Income Attributable To PACS Group, Inc. $ 52,406 $ 15,620 $ 131,841 $ 18,559
Net Income Per Share Attributable To PACS Group, Inc.        
Basic (in us dollars per share) $ 0.33 $ 0.10 $ 0.84 $ 0.13
Diluted (in us dollars per share) $ 0.32 $ 0.10 $ 0.80 $ 0.13
Weighted-Average Common Shares Outstanding        
Basic (in shares) 156,575,127 153,124,371 156,034,409 143,804,609
Diluted (in shares) 164,709,367 158,453,331 165,492,441 145,737,883

Source

10-Q PDF
XBRL