Filing Flows › Pacs Group (PACS) › Q1 2026
Pacs Group (PACS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Pacs Group (PACS) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), +11% from a year earlier and +5% from the quarter before. Operating margin was 8.5%, net earnings $80.7M (5.7% of revenue).
Pacs Group, Q1 2026: revenue $1.4B (+11% year over year), operating margin 8.5%, net earnings $80.7M, operating cash flow $236M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +5% | +11% |
| Operating profit | $120M | +27% | +149% |
| Net earnings | $80.7M | +35% | +184% |
| Operating cash flow | $236M | — | +57% |
| Free cash flow | $215M | — | +62% |
What changed
Revenue was $1.4B in Q1 2026, up 11% year over year and up 5% from the previous quarter.
Operating profit was $0.12B, a 8.5% margin (up 4.7 points year over year). Of the extra revenue versus Q1 2025, 50% reached operating profit, above the 4% margin then. Total costs grew 6% against revenue growth of 11%. The fastest-growing cost line was General & admin (+14%). Net earnings were $0.08B, up 183% year over year. The effective tax rate was 29.1%.
Operating cash flow was $0.24B (up 57% year over year), 293% of net earnings. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items added $0.14B. Capital expenditures of $0.02B left free cash flow of $0.21B.
Questions
What was Pacs Group's revenue in the first quarter 2026?
Pacs Group (PACS) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), +11% from a year earlier and +5% from the quarter before.
Was Pacs Group profitable in the first quarter 2026?
Operating profit was $120M (8.5% of revenue) and net earnings $80.7M.
Source: Pacs Group 10-Q on SEC EDGAR.