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How Sonida Senior Living (SNDA) makes money

Sonida Senior Living (SNDA) made $210M of revenue in the third quarter 2026 (Q3 2026), +115% from a year earlier. Resident revenue brought in $189M (90%); Managed community reimbursement revenue brought in $12.0M (6%); Rental income brought in $8.1M (4%).

Drawing the Sankey…

Sonida Senior Living revenue by segment, Q3 2026Sonida Senior Living revenue by segment, Q3 2026Resident revenue$189MManaged community reimbursement r…$12.0MRental income$8.1MManagement fee income$1.2M
Sonida Senior Living: revenue by line, Q1 2026 to Q3 2026Sonida Senior Living: revenue by line, Q1 2026 to Q3 2026Resident revenueManaged community rei…Rental incomeCommunity feesManagement fee incomeResident revenue: $189M latest$189MManaged community reimbursement revenue: $12.0M latestRental income: $8.1M latestCommunity fees: $0 latestManagement fee income: $1.2M latestQ1 2026Q2 2026Q3 2026
Managed community reimbursement revenue went from 9% of revenue in Q1 2026 to 6% in Q3 2026, the largest shift in the mix.
Sonida Senior Living revenue by quarterSonida Senior Living revenue by quarter$91.9MQ1 2025$93.5MQ2 2025$98.0MQ3 2025$97.7MQ4 2025$123MQ1 2026$208MQ2 2026$210MQ3 2026
Sonida Senior Living: where each dollar of revenue goesSonida Senior Living: where each dollar of revenue goesIncome tax0¢Operating cash flow13¢Free cash flow7¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Resident revenue$189M89.9%+3%+125%
  ↳ Housing and support services$187M89.2%+3%+125%
  ↳ Community fees$1.3M0.6%+40%+123%
Managed community reimbursement revenue$12.0M5.7%+9%-3%
Rental income$8.1M3.8%+8%—
Management fee income$1.2M0.6%+1%+4%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$210M100.0%
Income tax$362K0.2%
Operating cash flow$27.2M12.9%
Free cash flow$13.6M6.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$210M+114%
Q2 2026$208M+122%
Q1 2026$123M+33%
Q4 2025$97.7M+6%
Q3 2025$98.0M+31%
Q2 2025$93.5M+33%
Q1 2025$91.9M+36%

From Sonida Senior Living's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Sonida Senior Living make money?

Sonida Senior Living (SNDA) made $210M of revenue in the third quarter 2026 (Q3 2026), +115% from a year earlier. Resident revenue brought in $189M (90%); Managed community reimbursement revenue brought in $12.0M (6%); Rental income brought in $8.1M (4%).

What is Sonida Senior Living's biggest business?

Resident revenue: $189M in the third quarter 2026, 90% of revenue, +125% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.