Filing Flows › Pennant Group (PNTG) › Q1 2025
Pennant Group (PNTG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Pennant Group (PNTG) reported revenue of $210M for the first quarter 2025 (Q1 2025), +34% from a year earlier and +11% from the quarter before. Operating margin was 6.0%, net earnings $7.8M (3.7% of revenue).
Pennant Group, Q1 2025: revenue $210M (+34% year over year), operating margin 6.0%, net earnings $7.8M, operating cash flow −$21.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $210M | +11% | +34% |
| Operating profit | $12.7M | +37% | +48% |
| Net earnings | $7.8M | +35% | +58% |
| Operating cash flow | −$21.2M | — | — |
What changed
Revenue was $209.8M in Q1 2025, up 34% year over year and up 11% from the previous quarter.
Operating profit was $12.7M, a 6.0% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 8% reached operating profit, above the 5% margin then. Total costs grew 33% against revenue growth of 34%. The fastest-growing cost line was Cost of revenue (+34%). Net earnings were $7.8M, up 58% year over year. The effective tax rate was 25.1%.
Operating cash flow was −$21.2M. Non-cash charges added back $1.9M of depreciation and $2.1M of share-based compensation. Working capital and other items used $33.8M. Capital expenditures of $2.0M exceeded it, leaving free cash flow of −$23.2M.
Questions
What was Pennant Group's revenue in the first quarter 2025?
Pennant Group (PNTG) reported revenue of $210M for the first quarter 2025 (Q1 2025), +34% from a year earlier and +11% from the quarter before.
Was Pennant Group profitable in the first quarter 2025?
Operating profit was $12.7M (6.0% of revenue) and net earnings $7.8M.
Source: Pennant Group 10-Q on SEC EDGAR.