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How Brookdale Senior Living (BKD) makes money

Brookdale Senior Living (BKD) made $712M of revenue in the third quarter 2026 (Q3 2026), -12% from a year earlier. Resident fees brought in $707M (99%); Reimbursed costs incurred on behalf of managed communities brought in $4.3M (1%).

Drawing the Sankey…

Brookdale Senior Living revenue by segment, Q3 2026Brookdale Senior Living revenue by segment, Q3 2026Resident fees$707MReimbursed costs incurred on beha…$4.3M
Brookdale Senior Living: revenue by line, Q1 2025 to Q3 2026Brookdale Senior Living: revenue by line, Q1 2025 to Q3 2026Resident feesReimbursed costs incu…Management feesResident fees: $707M latest$707MReimbursed costs incurred on behalf of managed communities: $4.3M latestManagement fees: $0 latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Resident fees went from 96% of revenue in Q1 2025 to 99% in Q3 2026, the largest shift in the mix.
Brookdale Senior Living revenue by quarterBrookdale Senior Living revenue by quarter$814MQ1 2025$813MQ2 2025$813MQ3 2025$754MQ4 2025$765MQ1 2026$719MQ2 2026$712MQ3 2026
Brookdale Senior Living: where each dollar of revenue goesBrookdale Senior Living: where each dollar of revenue goesOperating cash flow12¢Free cash flow4¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Resident fees$707M99.4%-0.2%-9%
Reimbursed costs incurred on behalf of managed communities$4.3M0.6%-54%-88%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$712M100.0%
Operating cash flow$84.9M11.9%
Free cash flow$25.7M3.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$712M-12%
Q2 2026$719M-12%
Q1 2026$765M-6%
Q4 2025$754M-3%
Q3 2025$813M+4%
Q2 2025$813M+5%
Q1 2025$814M+4%

From Brookdale Senior Living's 10-Q filed Nov 6, 2026 (on EDGAR).

Questions

How does Brookdale Senior Living make money?

Brookdale Senior Living (BKD) made $712M of revenue in the third quarter 2026 (Q3 2026), -12% from a year earlier. Resident fees brought in $707M (99%); Reimbursed costs incurred on behalf of managed communities brought in $4.3M (1%).

What is Brookdale Senior Living's biggest business?

Resident fees: $707M in the third quarter 2026, 99% of revenue, -9% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.