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Medical Properties Trust (MPT) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 10, 2026

Medical Properties Trust (MPT) reported revenue of $259M for the second quarter 2026 (Q2 2026), +8% from a year earlier and +3% from the quarter before. Operating margin was 3.3%, net loss $2.3M (0.9% of revenue).

Revenue$259M
Year over year+8%
Quarter over quarter+3%
Operating margin3.3%
Net earnings−$2.3M

Medical Properties Trust, Q2 2026: revenue $259M (+8% year over year), operating margin 3.3%, net loss $2.3M, operating cash flow $62.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$259M+3%+8%
Operating profit$8.6M+25%+25%
Net earnings−$2.3M-107%—
Operating cash flow$62.4M—+21%

What changed

Revenue was $259.3M in Q2 2026, up 8% year over year and up 3% from the previous quarter.

Operating profit was $8.6M, a 3.3% margin (up 0.5 points year over year). Of the extra revenue versus Q2 2025, 9% reached operating profit, above the 3% margin then. Total costs grew 7% against revenue growth of 8%. The fastest-growing cost line was General & admin (+33%). The quarter ended with a net loss of $2.3M, after a profit of $33.1M the previous quarter.

Operating cash flow was $62.4M (up 21% year over year). Non-cash charges added back $73.6M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items used $13.8M.

Questions

What was Medical Properties Trust's revenue in the second quarter 2026?

Medical Properties Trust (MPT) reported revenue of $259M for the second quarter 2026 (Q2 2026), +8% from a year earlier and +3% from the quarter before.

Was Medical Properties Trust profitable in the second quarter 2026?

Operating profit was $8.6M (3.3% of revenue) and net loss $2.3M.

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Source: Medical Properties Trust 10-Q on SEC EDGAR.