Filing Flows › CareTrust REIT (CTRE) › Q3 2026
CareTrust REIT (CTRE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
CareTrust REIT (CTRE) reported revenue of $176M for the third quarter 2026 (Q3 2026), +33% from a year earlier and +9% from the quarter before. Operating margin was 52.3%, net earnings $83.7M (47.4% of revenue).
CareTrust REIT, Q3 2026: revenue $176M (+33% year over year), operating margin 52.3%, net earnings $83.7M, operating cash flow $155M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $176M | +9% | +33% |
| Operating profit | $92.2M | +4% | +24% |
| Net earnings | $83.7M | -6% | +12% |
| Operating cash flow | $155M | +15% | +53% |
| Free cash flow | $151M | — | +55% |
What changed
Revenue was $176.4M in Q3 2026, up 33% year over year and up 9% from the previous quarter.
Operating profit was $92.2M, a 52.3% margin (down 3.6 points year over year). Of the extra revenue versus Q3 2025, 41% reached operating profit, below the 56% margin then. Total costs grew 44% against revenue growth of 33%. The fastest-growing cost line was Other operating costs (+60%). Net earnings were $83.7M, up 12% year over year ($82.2M including minority interests, which bore $1.5M of losses). The effective tax rate was 3.4%.
Operating cash flow was $154.9M (up 53% year over year), 188% of net earnings. Non-cash charges added back $33.3M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items added $36.5M. Capital expenditures of $3.5M left free cash flow of $151.4M.
Questions
What was CareTrust REIT's revenue in the third quarter 2026?
CareTrust REIT (CTRE) reported revenue of $176M for the third quarter 2026 (Q3 2026), +33% from a year earlier and +9% from the quarter before.
Was CareTrust REIT profitable in the third quarter 2026?
Operating profit was $92.2M (52.3% of revenue) and net earnings $83.7M.
Source: CareTrust REIT 10-Q on SEC EDGAR.