Filing Flows › Pennant Group (PNTG) › Q1 2026
Pennant Group (PNTG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Pennant Group (PNTG) reported revenue of $285M for the first quarter 2026 (Q1 2026), +36% from a year earlier and -1% from the quarter before. Operating margin was 6.1%, net earnings $8.5M (3.0% of revenue).
Pennant Group, Q1 2026: revenue $285M (+36% year over year), operating margin 6.1%, net earnings $8.5M, operating cash flow −$3.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $285M | -1% | +36% |
| Operating profit | $17.3M | -1% | +37% |
| Net earnings | $8.5M | -1% | +10% |
| Operating cash flow | −$3.4M | -116% | — |
What changed
Revenue was $285.4M in Q1 2026, up 36% year over year and down 1% from the previous quarter.
Operating profit was $17.3M, a 6.1% margin (unchanged year over year). Of the extra revenue versus Q1 2025, 6% reached operating profit, above the 6% margin then. Total costs grew 36% against revenue growth of 36%. The fastest-growing cost line was Cost of revenue (+38%). Net earnings were $8.5M, up 10% year over year. The effective tax rate was 26.9%.
Operating cash flow was −$3.4M. Non-cash charges added back $2.6M of depreciation and $2.5M of share-based compensation. Working capital and other items used $18.8M. Capital expenditures of $5.3M exceeded it, leaving free cash flow of −$8.7M.
Questions
What was Pennant Group's revenue in the first quarter 2026?
Pennant Group (PNTG) reported revenue of $285M for the first quarter 2026 (Q1 2026), +36% from a year earlier and -1% from the quarter before.
Was Pennant Group profitable in the first quarter 2026?
Operating profit was $17.3M (6.1% of revenue) and net earnings $8.5M.
Source: Pennant Group 10-Q on SEC EDGAR.