Filing Flows › Brookdale Senior Living (BKD) › Q2 2026 › vs Q1 2026
Brookdale Senior Living (BKD) Q2 2026 vs Q1 2026 (quarter over quarter)
Brookdale Senior Living's revenue fell $46.3M (-6%) from $765M in Q1 2026 to $719M in Q2 2026. The biggest changes: Reimbursed costs incurred on behalf of managed communities −$27.7M (-75%); Resident fees −$14.0M (-2%); Management fees −$4.6M (-86%). Gross margin 28.6% against 28.3% (+0.3 pts).
Brookdale Senior Living, Q2 2026: revenue $719M (-12% year over year), operating margin 11.9%, net earnings $23.3M, operating cash flow $91.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 28.6% | 28.3% | +0.3 pts |
| Operating margin | 11.9% | 6.8% | +5.1 pts |
| Net margin | 3.2% | -0.9% | +4.1 pts |
| Free cash flow margin | 6.1% | -3.3% | +9.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Resident fees | $708M | $722M | −$14.0M | -2% |
| Reimbursed costs incurred on behalf of managed communities | $9.4M | $37.0M | −$27.7M | -75% |
| Management fees | $742K | $5.4M | −$4.6M | -86% |
| Revenue | $719M | $765M | −$46.3M | -6% |
| Gross profit | $206M | $216M | −$10.6M | -5% |
| Cost of revenue | $513M | $548M | −$35.7M | -7% |
| Operating profit | $85.2M | $51.8M | $33.5M | +65% |
| Operating expenses | $121M | $165M | −$44.1M | -27% |
| Pre-tax earnings | $28.8M | −$7.3M | $36.1M | — |
| Other expense, net | $56.5M | $59.1M | −$2.6M | -4% |
| General & admin | $47.1M | $45.1M | $2.1M | +5% |
| Other operating costs | $73.4M | $120M | −$46.1M | -39% |
| Net earnings | $23.3M | −$6.9M | $30.2M | — |
| Income tax | $5.5M | −$429K | $6.0M | — |
| Depreciation & amortization | $74.1M | $76.9M | −$2.8M | -4% |
| Share-based compensation | $3.7M | $3.7M | $41K | +1% |
| Working capital & other | $9.2M | $52.8M | −$43.7M | -83% |
| Operating cash flow | $91.9M | $20.9M | $71.0M | +340% |
| Free cash flow (OCF − capex) | $43.5M | −$25.6M | $69.1M | — |
| Capital expenditures | $48.4M | $46.5M | $1.9M | +4% |
Questions
How much did Brookdale Senior Living's revenue grow quarter over quarter in Q2 2026?
Brookdale Senior Living's revenue fell $46.3M (-6%) from $765M in Q1 2026 to $719M in Q2 2026.
What drove Brookdale Senior Living's revenue change in Q2 2026?
Reimbursed costs incurred on behalf of managed communities −$27.7M (-75%); Resident fees −$14.0M (-2%); Management fees −$4.6M (-86%).