Filing Flows › Diversified Healthcare Trust (DHC) › Q2 2026 › vs Q2 2025
Diversified Healthcare Trust (DHC) Q2 2026 vs Q2 2025 (year over year)
Diversified Healthcare Trust's revenue fell $17.3M (-5%) from $383M in Q2 2025 to $365M in Q2 2026. The biggest changes: Residents fees and services −$9.6M (-3%); Rental income −$7.7M (-14%).
Diversified Healthcare Trust, Q2 2026: revenue $365M (-4% year over year), operating margin -0.1%, net loss $37.4M, operating cash flow $38.4M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 3.9% | 4.9% | -1.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Residents fees and services | $318M | $328M | −$9.6M | -3% |
| Rental income | $47.5M | $55.2M | −$7.7M | -14% |
| Revenue | $365M | $383M | −$17.3M | -5% |
| Net loss | $37.4M | $91.6M | −$54.2M | -59% |
| Costs & expenses | $403M | $474M | −$71.5M | -15% |
| Operating costs | $366M | $421M | −$55.2M | -13% |
| Interest & other, net | $35.6M | $52.4M | −$16.8M | -32% |
| Income tax | $1.3M | $843K | $454K | +54% |
| General & admin | $19.3M | $11.2M | $8.2M | +73% |
| Other operating costs | $347M | $410M | −$63.3M | -15% |
| Operating cash sources | $75.8M | $145M | −$68.9M | -48% |
| Depreciation | $62.5M | $66.3M | −$3.7M | -6% |
| Working capital & other | $13.3M | $78.4M | −$65.1M | -83% |
| Net loss absorbed | $37.4M | $91.6M | −$54.2M | -59% |
| Operating cash flow | $38.4M | $53.0M | −$14.6M | -28% |
| Free cash flow (OCF − capex) | $14.2M | $18.8M | −$4.6M | -25% |
| Capital expenditures | $24.2M | $34.2M | −$10.0M | -29% |
Questions
How much did Diversified Healthcare Trust's revenue grow year over year in Q2 2026?
Diversified Healthcare Trust's revenue fell $17.3M (-5%) from $383M in Q2 2025 to $365M in Q2 2026.
What drove Diversified Healthcare Trust's revenue change in Q2 2026?
Residents fees and services −$9.6M (-3%); Rental income −$7.7M (-14%).