PACS Group Q2 FY26 net income rises 49.8% to $76.3 million; revenue increases 9.1% to $1.43 billion
PACS•Q2 FY26 results
PACS Group posted Q2 2026 revenue of $1.43 billion, up 9.1% from a year earlier; GAAP net income climbed 49.8% to $76.3 million.
GAAP diluted EPS rose 51.6% to $0.47; non-GAAP adjusted EBITDA increased 24.6% to $166.8 million.
Updated 2026 outlook
The company raised its 2026 non-GAAP adjusted EBITDA outlook to $640 million-$660 million, and lifted its revenue view to $5.75 billion-$5.85 billion.
PACS said it expects a modest contribution from 20 Eduro Texas facilities closed Aug. 1.
Operating metrics and liquidity
Same-store SNF revenue grew 5.8% year over year; overall occupancy rose 1.3 percentage points to 90.4%.
Liquidity totaled $756.6 million at June 30, including cash; PACS deployed for real estate acquisitions in Q2.




