Filing Flows › Pennant Group (PNTG) › Q2 2025
Pennant Group (PNTG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Pennant Group (PNTG) reported revenue of $220M for the second quarter 2025 (Q2 2025), +30% from a year earlier and +5% from the quarter before. Operating margin was 5.3%, net earnings $7.1M (3.2% of revenue).
Pennant Group, Q2 2025: revenue $220M (+30% year over year), operating margin 5.3%, net earnings $7.1M, operating cash flow $34.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $220M | +5% | +30% |
| Operating profit | $11.5M | -9% | +21% |
| Net earnings | $7.1M | -9% | +25% |
| Operating cash flow | $34.6M | — | +230% |
| Free cash flow | $31.6M | — | +256% |
What changed
Revenue was $219.5M in Q2 2025, up 30% year over year and up 5% from the previous quarter.
Operating profit was $11.5M, a 5.3% margin (down 0.4 points year over year). Of the extra revenue versus a year earlier, 4% reached operating profit, below the 6% margin then. Total costs grew 31% against revenue growth of 30%. The fastest-growing cost line was SG&A (+48%). Net earnings were $7.1M, up 25% year over year. The effective tax rate was 24.6%.
Operating cash flow was $34.6M (up 230% year over year), 434% of net income including minority interests. Non-cash charges added back $2.2M of depreciation and $2.2M of share-based compensation. Working capital and other items added $22.3M. Capital expenditures of $3.1M left free cash flow of $31.6M.
Questions
What was Pennant Group's revenue in the second quarter 2025?
Pennant Group (PNTG) reported revenue of $220M for the second quarter 2025 (Q2 2025), +30% from a year earlier and +5% from the quarter before.
Was Pennant Group profitable in the second quarter 2025?
Operating profit was $11.5M (5.3% of revenue) and net earnings $7.1M.
Source: Pennant Group 10-Q on SEC EDGAR.