Filing Flows › Sabra Health Care REIT (SBRA) › Q1 2025
Sabra Health Care REIT (SBRA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 5, 2025
Sabra Health Care REIT (SBRA) reported revenue of $184M for the first quarter 2025 (Q1 2025), +10% from a year earlier and +0.7% from the quarter before. Operating margin was 22.2%, net earnings $40.3M (22.0% of revenue).
Sabra Health Care REIT, Q1 2025: revenue $184M (+10% year over year), operating margin 22.2%, net earnings $40.3M, operating cash flow $80.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $184M | +0.7% | +10% |
| Operating profit | $40.7M | -14% | +52% |
| Net earnings | $40.3M | -14% | +54% |
| Operating cash flow | $80.3M | +0.4% | +52% |
What changed
Revenue was $183.5M in Q1 2025, up 10% year over year and up 1% from the previous quarter.
Operating profit was $40.7M, a 22.2% margin (up 6.2 points year over year). Of the extra revenue versus a year earlier, 83% reached operating profit, above the 16% margin then. Total costs grew 2% against revenue growth of 10%. Net earnings were $40.3M, up 54% year over year. The effective tax rate was 1.0%.
Operating cash flow was $80.3M (up 52% year over year), 199% of net earnings. Non-cash charges added back $43.5M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items used $6.2M.
Questions
What was Sabra Health Care REIT's revenue in the first quarter 2025?
Sabra Health Care REIT (SBRA) reported revenue of $184M for the first quarter 2025 (Q1 2025), +10% from a year earlier and +0.7% from the quarter before.
Was Sabra Health Care REIT profitable in the first quarter 2025?
Operating profit was $40.7M (22.2% of revenue) and net earnings $40.3M.