Filing Flows › Brookdale Senior Living (BKD) › Q4 2025
Brookdale Senior Living (BKD) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
Brookdale Senior Living (BKD) reported revenue of $754M for the fourth quarter 2025 (Q4 2025), -3% from a year earlier and -7% from the quarter before. Operating margin was 3.0%, net loss $40.0M (5.3% of revenue).
Brookdale Senior Living, Q4 2025: revenue $754M (-3% year over year), operating margin 3.0%, net loss $40.0M, operating cash flow $34.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $754M | -7% | -3% |
| Operating profit | $22.9M | — | — |
| Net earnings | −$40.0M | — | — |
| Operating cash flow | $34.5M | -55% | -24% |
What changed
Revenue was $754.1M in Q4 2025, down 3% year over year and down 7% from the previous quarter. Resident fees was the largest line at 95% of revenue.
Gross margin was 24.9%, up 0.3 points from a year earlier. Operating profit was $22.9M, a 3.0% margin (up 3.3 points year over year). Operating expenses fell 15% while revenue fell 3%. The quarter ended with a net loss of $40.0M, narrower than the previous quarter's $114.7M loss. Net interest and other expense of $64.0M was the main reason.
Operating cash flow was $34.5M (down 24% year over year). Non-cash charges added back $80.6M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items used $8.3M. Capital expenditures of $63.7M exceeded it, leaving free cash flow of −$29.1M.
Questions
What was Brookdale Senior Living's revenue in the fourth quarter 2025?
Brookdale Senior Living (BKD) reported revenue of $754M for the fourth quarter 2025 (Q4 2025), -3% from a year earlier and -7% from the quarter before.
Was Brookdale Senior Living profitable in the fourth quarter 2025?
Operating profit was $22.9M (3.0% of revenue) and net loss $40.0M.