Q3 2026 Revenue up 9% year over year to $341M · 24¢ of every $1 of revenue kept as net profit · operating margin 97.4%
Omega Healthcare Investors made $341M in Q3 2026 (+9% Y/Y). Operating margin 97.4%, net earnings $83.1M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.
Revenue$341M
Year over year+9%
Operating margin97.4%
Net earnings$83.1M
Operating cash flow$191M
Drawing the Sankey…
Open the interactive Sankey →click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $340.6M in Q3 2026, up 9% year over year and up 4% from the previous quarter.
Operating profit was $331.7M, a 97.4% margin (down 2.2 points year over year). Of the extra revenue versus Q3 2025, 74% reached operating profit, below the 100% margin then. Total costs grew 591% against revenue growth of 9%. Net earnings were $83.1M, down 54% year over year. The effective tax rate was 3.2%.
Operating cash flow was $191.0M (down 16% year over year), 220% of net income including minority interests. Non-cash charges added back $82.0M of depreciation and amortization and $23.7M of share-based compensation. Capital expenditures of $24.6M left free cash flow of $166.4M.
Quarterly history
Quarter
Form
Filed
Revenue
Y/Y
Op. margin
Net earnings
Op. cash flow
Q3 2026
10-Q
Nov 4, 2026
$341M
+9%
97.4%
$83.1M
$191M
Q2 2026
10-Q
Jul 30, 2026
$328M
+16%
100.8%
$363M
$218M
Q1 2026
10-Q
Apr 29, 2026
$323M
+17%
50.7%
$151M
$216M
Q4 2025
10-K
Feb 9, 2026
$319M
+14%
54.5%
$165M
$231M
Q3 2025
10-Q
Oct 31, 2025
$312M
+13%
99.6%
$180M
$227M
Q2 2025
10-Q
Aug 1, 2025
$283M
+12%
99.6%
$137M
$239M
Q1 2025
10-Q
May 2, 2025
$277M
+14%
41.8%
$109M
$182M
Charts
Latest (Q3 2026): Y/Y +9%, Q/Q +4%.From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.Latest (Q3 2026): Net income $86.8M, Operating cash flow $191M.+29.7% since FY2020: more shares outstanding (issuance, stock pay).Cash $27.0M, short-term investments —, long-term debt $4.3B at 2025-12-31.Real Estate Investment Trusts; dot size is quarterly revenue; dashed lines are the industry's medians.
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
Omega Healthcare Investors against its Real Estate Investment Trusts peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +9% against the peers' median +11%. Operating margin: 97.4% against the peers' median 20.6%.