Filing Flows › Omega Healthcare Investors (OHI) › Q1 2026
Omega Healthcare Investors (OHI) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 29, 2026
Omega Healthcare Investors (OHI) reported revenue of $323M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +1% from the quarter before. Operating margin was 50.7%, net earnings $151M (46.8% of revenue).
Omega Healthcare Investors, Q1 2026: revenue $323M (+17% year over year), operating margin 50.7%, net earnings $151M, operating cash flow $216M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $323M | +1% | +17% |
| Operating profit | $164M | -6% | +42% |
| Net earnings | $151M | -8% | +39% |
| Operating cash flow | $216M | -7% | +18% |
| Free cash flow | $207M | +1% | +28% |
What changed
Revenue was $323.0M in Q1 2026, up 17% year over year and up 1% from the previous quarter.
Operating profit was $163.7M, a 50.7% margin (up 8.9 points year over year). Of the extra revenue versus Q1 2025, 104% reached operating profit, above the 42% margin then. Total costs fell 1% while revenue rose 17%. Net earnings were $151.0M, up 39% year over year. The effective tax rate was 3.1%.
Operating cash flow was $215.5M (up 18% year over year), 136% of net income including minority interests. Non-cash charges added back $84.1M of depreciation and amortization and $10.6M of share-based compensation. Working capital and other items used $37.8M. Capital expenditures of $8.8M left free cash flow of $206.7M.
Questions
What was Omega Healthcare Investors' revenue in the first quarter 2026?
Omega Healthcare Investors (OHI) reported revenue of $323M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +1% from the quarter before.
Was Omega Healthcare Investors profitable in the first quarter 2026?
Operating profit was $164M (50.7% of revenue) and net earnings $151M.