Filing Flows › CareTrust REIT (CTRE) › Q2 2026
CareTrust REIT (CTRE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
CareTrust REIT (CTRE) reported revenue of $161M for the second quarter 2026 (Q2 2026), +43% from a year earlier and +13% from the quarter before. Operating margin was 55.1%, net earnings $89.0M (55.2% of revenue).
CareTrust REIT, Q2 2026: revenue $161M (+44% year over year), operating margin 55.1%, net earnings $89.0M, operating cash flow $135M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $161M | +13% | +43% |
| Operating profit | $89.0M | +9% | +42% |
| Net earnings | $89.0M | +11% | +30% |
| Operating cash flow | $135M | +49% | +34% |
| Free cash flow | $130M | +50% | +36% |
What changed
Revenue was $161.3M in Q2 2026, up 43% year over year and up 13% from the previous quarter.
Operating profit was $89.0M, a 55.1% margin (down 0.5 points year over year). Of the extra revenue versus Q2 2025, 54% reached operating profit, below the 56% margin then. Total costs grew 45% against revenue growth of 43%. The fastest-growing cost line was Other operating costs (+51%). Net earnings were $89.0M, up 30% year over year ($88.2M including minority interests, which bore $760K of losses). The effective tax rate was 2.8%.
Operating cash flow was $134.7M (up 34% year over year), 153% of net earnings. Non-cash charges added back $30.4M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $13.1M. Capital expenditures of $4.3M left free cash flow of $130.5M.
Questions
What was CareTrust REIT's revenue in the second quarter 2026?
CareTrust REIT (CTRE) reported revenue of $161M for the second quarter 2026 (Q2 2026), +43% from a year earlier and +13% from the quarter before.
Was CareTrust REIT profitable in the second quarter 2026?
Operating profit was $89.0M (55.1% of revenue) and net earnings $89.0M.
Source: CareTrust REIT 10-Q on SEC EDGAR.