Filing Flows › Omega Healthcare Investors (OHI) › Q3 2025
Omega Healthcare Investors (OHI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 31, 2025
Omega Healthcare Investors (OHI) reported revenue of $312M for the third quarter 2025 (Q3 2025), +13% from a year earlier and +10% from the quarter before. Operating margin was 99.6%, net earnings $180M (57.7% of revenue).
Omega Healthcare Investors, Q3 2025: revenue $312M (+13% year over year), operating margin 99.6%, net earnings $180M, operating cash flow $227M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $312M | +10% | +13% |
| Operating profit | $310M | +10% | +162% |
| Net earnings | $180M | +32% | +61% |
| Operating cash flow | $227M | -5% | +23% |
| Free cash flow | $205M | -9% | +22% |
What changed
Revenue was $311.6M in Q3 2025, up 13% year over year and up 10% from the previous quarter.
Operating profit was $310.3M, a 99.6% margin (up 56.8 points year over year). Of the extra revenue versus a year earlier, 540% reached operating profit, above the 43% margin then. Total costs fell 99% while revenue rose 13%. Net earnings were $179.7M, up 61% year over year. The effective tax rate was 2.4%.
Operating cash flow was $226.7M (up 23% year over year), 123% of net income including minority interests. Non-cash charges added back $82.1M of depreciation and amortization and $9.3M of share-based compensation. Working capital and other items used $49.6M. Capital expenditures of $21.2M left free cash flow of $205.5M.
Questions
What was Omega Healthcare Investors' revenue in the third quarter 2025?
Omega Healthcare Investors (OHI) reported revenue of $312M for the third quarter 2025 (Q3 2025), +13% from a year earlier and +10% from the quarter before.
Was Omega Healthcare Investors profitable in the third quarter 2025?
Operating profit was $310M (99.6% of revenue) and net earnings $180M.