Filing Flows › Sonida Senior Living (SNDA) › Q1 2026
Sonida Senior Living (SNDA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Sonida Senior Living (SNDA) reported revenue of $123M for the first quarter 2026 (Q1 2026), +33% from a year earlier and +26% from the quarter before. Operating margin was -23.6%, net loss $41.5M (33.8% of revenue).
Sonida Senior Living, Q1 2026: revenue $123M (+33% year over year), operating margin -23.6%, net loss $41.5M, operating cash flow −$35.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $123M | +26% | +33% |
| Operating profit | −$29.0M | — | -244% |
| Net earnings | −$41.5M | — | — |
| Operating cash flow | −$35.9M | — | -1039% |
What changed
Revenue was $122.6M in Q1 2026, up 33% year over year and up 26% from the previous quarter. Housing and support services was the largest line at 87% of revenue. Housing and support services added $27.9M year over year (up 36%), 91% of the total change. Managed community reimbursement revenue declined 2%.
Operating costs exceeded revenue by $29.0M, an operating margin of -23.6%. Total costs grew 111% against revenue growth of 33%. The fastest-growing cost line was Other operating costs (+123%). The quarter ended with a net loss of $41.5M, wider than the previous quarter's $30.1M loss. Minority interests bore $222K of it: to shareholders the quarter was a loss of $41.2M.
Operating cash flow was −$35.9M. Non-cash charges added back $20.0M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items used $16.8M. Capital expenditures of $6.8M exceeded it, leaving free cash flow of −$42.6M.
Questions
What was Sonida Senior Living's revenue in the first quarter 2026?
Sonida Senior Living (SNDA) reported revenue of $123M for the first quarter 2026 (Q1 2026), +33% from a year earlier and +26% from the quarter before.
Was Sonida Senior Living profitable in the first quarter 2026?
Operating loss was $29.0M (-23.6% of revenue) and net loss $41.5M.