Filing Flows › National Health Investors (NHI) › Operating margin
National Health Investors (NHI) operating margin by quarter
National Health Investors' operating margin was 46.2% in Q2 2026 (second quarter 2026), +11.7 pts from Q1 2026. Over the last 7 quarters it ranged from 34.5% (Q1 2026) to 49.9% (Q4 2024).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 46.2% | +11.7 pts | +5.8 pts |
| Q1 2026 | 34.5% | -1.2 pts | -3.3 pts |
| Q4 2025 | 35.7% | -0.4 pts | -14.2 pts |
| Q3 2025 | 36.1% | -4.3 pts | — |
| Q2 2025 | 40.5% | +2.6 pts | — |
| Q1 2025 | 37.9% | -12.0 pts | — |
| Q4 2024 | 49.9% | — | — |
Q2 2026 at a glance
National Health Investors, Q2 2026: revenue $121M (+34% year over year), operating margin 46.2%, net earnings $55.7M, operating cash flow $65.0M. The chart follows the revenue to costs, profit and cash.
Questions
What is National Health Investors' operating margin?
National Health Investors' operating margin was 46.2% in Q2 2026 (second quarter 2026), +11.7 pts from Q1 2026.
How has National Health Investors' operating margin changed?
Over the last 7 quarters it ranged from 34.5% (Q1 2026) to 49.9% (Q4 2024).
Q2 2026 results → · How National Health Investors makes money →