Filing Flows › Brookdale Senior Living (BKD) › Q2 2026 › vs Q2 2025
Brookdale Senior Living (BKD) Q2 2026 vs Q2 2025 (year over year)
Brookdale Senior Living's revenue fell $94.4M (-12%) from $813M in Q2 2025 to $719M in Q2 2026. The biggest changes: Resident fees −$67.1M (-9%); Reimbursed costs incurred on behalf of managed communities −$25.3M (-73%); Management fees −$1.9M (-72%). Gross margin 28.6% against 26.6% (+2.1 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 28.6% | 26.6% | +2.1 pts |
| Operating margin | 11.9% | 1.8% | +10.0 pts |
| Net margin | 3.2% | -5.3% | +8.5 pts |
| Free cash flow margin | 6.1% | 3.6% | +2.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Resident fees | $708M | $776M | −$67.1M | -9% |
| Reimbursed costs incurred on behalf of managed communities | $9.4M | $34.7M | −$25.3M | -73% |
| Management fees | $742K | $2.6M | −$1.9M | -72% |
| Revenue | $719M | $813M | −$94.4M | -12% |
| Gross profit | $206M | $216M | −$10.2M | -5% |
| Cost of revenue | $513M | $597M | −$84.2M | -14% |
| Operating profit | $85.2M | $14.9M | $70.3M | +472% |
| Operating expenses | $121M | $201M | −$80.5M | -40% |
| Pre-tax earnings | $28.8M | −$43.3M | $72.1M | — |
| Other expense, net | $56.5M | $58.2M | −$1.8M | -3% |
| General & admin | $47.1M | $55.0M | −$7.8M | -14% |
| Other operating costs | $73.4M | $146M | −$72.7M | -50% |
| Net earnings | $23.3M | −$43.0M | $66.3M | — |
| Income tax | $5.5M | −$271K | $5.8M | — |
| Depreciation & amortization | $74.1M | $96.6M | −$22.5M | -23% |
| Share-based compensation | $3.7M | $3.1M | $632K | +20% |
| Working capital & other | $9.2M | −$26.9M | $36.1M | — |
| Operating cash flow | $91.9M | $83.6M | $8.4M | +10% |
| Free cash flow (OCF − capex) | $43.5M | $29.1M | $14.4M | +49% |
| Capital expenditures | $48.4M | $54.5M | −$6.0M | -11% |
Questions
How much did Brookdale Senior Living's revenue grow year over year in Q2 2026?
Brookdale Senior Living's revenue fell $94.4M (-12%) from $813M in Q2 2025 to $719M in Q2 2026.
What drove Brookdale Senior Living's revenue change in Q2 2026?
Resident fees −$67.1M (-9%); Reimbursed costs incurred on behalf of managed communities −$25.3M (-73%); Management fees −$1.9M (-72%).