Filing Flows › Sabra Health Care REIT (SBRA) › Q2 2025
Sabra Health Care REIT (SBRA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
Sabra Health Care REIT (SBRA) reported revenue of $189M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +3% from the quarter before. Operating margin was 34.9%, net earnings $65.5M (34.7% of revenue).
Sabra Health Care REIT, Q2 2025: revenue $189M (+7% year over year), operating margin 34.9%, net earnings $65.5M, operating cash flow $81.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $189M | +3% | +7% |
| Operating profit | $66.0M | +62% | +171% |
| Net earnings | $65.5M | +63% | +173% |
| Operating cash flow | $81.0M | +0.9% | +1% |
What changed
Revenue was $189.2M in Q2 2025, up 7% year over year and up 3% from the previous quarter.
Operating profit was $66.0M, a 34.9% margin (up 21.1 points year over year). Of the extra revenue versus a year earlier, 321% reached operating profit, above the 14% margin then. Total costs fell 19% while revenue rose 7%. Net earnings were $65.5M, up 173% year over year. The effective tax rate was 0.8%.
Operating cash flow was $81.0M (up 1% year over year), 124% of net earnings. Non-cash charges added back $43.6M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items used $30.9M.
Questions
What was Sabra Health Care REIT's revenue in the second quarter 2025?
Sabra Health Care REIT (SBRA) reported revenue of $189M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +3% from the quarter before.
Was Sabra Health Care REIT profitable in the second quarter 2025?
Operating profit was $66.0M (34.9% of revenue) and net earnings $65.5M.