PACS Group, Inc.
For the period ended Sep 30, 2025. Filed Nov 19, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 19, 2025
PACS$49.10+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income for the and
| PACS GROUP, INC. AND SUBSIDIARIES | ||||
|---|---|---|---|---|
| UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME | ||||
| (dollars in thousands, except for share and per share values) | ||||
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
| 2025 | 2024 | 2025 | 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 | — | — | — | 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 |
| Less: | ||||
| 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 | $0.33 | $0.10 | $0.84 | $0.13 |
| Diluted | $0.32 | $0.10 | $0.80 | $0.13 |
| Weighted-Average Common Shares Outstanding | ||||
| Basic | 156,575,127 | 153,124,371 | 156,034,409 | 143,804,609 |
| Diluted | 164,709,367 | 158,453,331 | 165,492,441 | 145,737,883 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.