Filing Flows › Diversified Healthcare Trust (DHC) › Q3 2026 › vs Q3 2025
Diversified Healthcare Trust (DHC) Q3 2026 vs Q3 2025 (year over year)
Diversified Healthcare Trust's revenue fell $21.0M (-5%) from $389M in Q3 2025 to $368M in Q3 2026. The biggest changes: Residents fees and services −$13.5M (-4%); Rental income −$7.6M (-14%).
Diversified Healthcare Trust, Q3 2026: revenue $368M (-5% year over year), operating margin -4.0%, net loss $50.2M, operating cash flow $27.4M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 0.1% | -23.1% | +23.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Residents fees and services | $320M | $333M | −$13.5M | -4% |
| Rental income | $47.7M | $55.3M | −$7.6M | -14% |
| Revenue | $368M | $389M | −$21.0M | -5% |
| Net loss | $50.2M | $164M | −$114M | -69% |
| Costs & expenses | $418M | $553M | −$135M | -24% |
| Operating costs | $382M | $498M | −$116M | -23% |
| Interest & other, net | $34.9M | $54.5M | −$19.6M | -36% |
| Income tax | $724K | $337K | $387K | +115% |
| General & admin | $14.6M | $12.8M | $1.9M | +14% |
| Other operating costs | $368M | $485M | −$118M | -24% |
| Operating cash sources | $77.6M | $115M | −$37.1M | -32% |
| Depreciation | $62.9M | $65.3M | −$2.5M | -4% |
| Working capital & other | $14.8M | $49.4M | −$34.7M | -70% |
| Net loss absorbed | $50.2M | $164M | −$114M | -69% |
| Operating cash flow | $27.4M | −$49.3M | $76.7M | — |
| Free cash flow (OCF − capex) | $521K | −$89.8M | $90.4M | — |
| Capital expenditures | $26.9M | $40.6M | −$13.7M | -34% |
Questions
How much did Diversified Healthcare Trust's revenue grow year over year in Q3 2026?
Diversified Healthcare Trust's revenue fell $21.0M (-5%) from $389M in Q3 2025 to $368M in Q3 2026.
What drove Diversified Healthcare Trust's revenue change in Q3 2026?
Residents fees and services −$13.5M (-4%); Rental income −$7.6M (-14%).