Filing Flows › Diversified Healthcare Trust (DHC) › Q2 2026
Diversified Healthcare Trust (DHC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
Diversified Healthcare Trust (DHC) reported revenue of $365M for the second quarter 2026 (Q2 2026), -5% from a year earlier and -0.3% from the quarter before. Operating margin was -0.1%, net loss $37.4M (10.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $365M | -0.3% | -5% |
| Operating profit | −$518K | — | — |
| Net earnings | −$37.4M | — | — |
| Operating cash flow | $38.4M | +360% | -28% |
| Free cash flow | $14.2M | — | -25% |
What changed
Revenue was $365.4M in Q2 2026, down 5% year over year and roughly flat from the previous quarter. Residents fees and services was the largest line at 87% of revenue. Residents fees and services lost $9.6M year over year (down 3%), 56% of the total change.
Operating costs exceeded revenue by $518K, an operating margin of -0.1%. Total costs fell 13% while revenue fell 5%. The fastest-growing cost line was General & admin (+73%). The quarter ended with a net loss of $37.4M, narrower than the previous quarter's $43.3M loss. Net interest and other expense of $35.6M was the main reason.
Operating cash flow was $38.4M (down 28% year over year). Non-cash charges added back $62.5M of depreciation. Working capital and other items added $13.3M. Capital expenditures of $24.2M left free cash flow of $14.2M.
Questions
What was Diversified Healthcare Trust's revenue in the second quarter 2026?
Diversified Healthcare Trust (DHC) reported revenue of $365M for the second quarter 2026 (Q2 2026), -5% from a year earlier and -0.3% from the quarter before.
Was Diversified Healthcare Trust profitable in the second quarter 2026?
Operating loss was $518K (-0.1% of revenue) and net loss $37.4M.