Filing Flows › Diversified Healthcare Trust (DHC) › Q3 2026
Diversified Healthcare Trust (DHC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Diversified Healthcare Trust (DHC) reported revenue of $368M for the third quarter 2026 (Q3 2026), -5% from a year earlier and +0.6% from the quarter before. Operating margin was -4.0%, net loss $50.2M (13.7% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $368M | +0.6% | -5% |
| Operating profit | −$14.6M | — | — |
| Net earnings | −$50.2M | — | — |
| Operating cash flow | $27.4M | -29% | — |
| Free cash flow | $521K | -96% | — |
What changed
Revenue was $367.7M in Q3 2026, down 5% year over year and up 1% from the previous quarter. Residents fees and services was the largest line at 87% of revenue. Residents fees and services lost $13.5M year over year (down 4%), 64% of the total change.
Operating costs exceeded revenue by $14.6M, an operating margin of -4.0%. Total costs fell 23% while revenue fell 5%. The fastest-growing cost line was General & admin (+14%). The quarter ended with a net loss of $50.2M, wider than the previous quarter's $37.4M loss. Net interest and other expense of $34.9M was the main reason.
Operating cash flow was $27.4M. Non-cash charges added back $62.9M of depreciation. Working capital and other items added $14.8M. Capital expenditures of $26.9M left free cash flow of $521K.
Questions
What was Diversified Healthcare Trust's revenue in the third quarter 2026?
Diversified Healthcare Trust (DHC) reported revenue of $368M for the third quarter 2026 (Q3 2026), -5% from a year earlier and +0.6% from the quarter before.
Was Diversified Healthcare Trust profitable in the third quarter 2026?
Operating loss was $14.6M (-4.0% of revenue) and net loss $50.2M.