Quarterly ResultNov 6, 2026, 06:36 AM
Brookdale Senior Living Q3 Net Loss $13.9M; Adj. EBITDA $124.3M
AI Summary
Brookdale Senior Living Inc. announced its third quarter 2026 financial results, reporting a reduced net loss of $13.9 million compared to $114.7 million in the prior year. Adjusted EBITDA saw a 12.0% increase to $124.3 million, driven by a 7.5% rise in consolidated RevPAR and a 130 basis point improvement in occupancy to 83.1%. The company also completed the acquisition of 17 communities and agreed to purchase 30 more, while receiving significant proceeds from asset sales. Despite operational improvements, the company revised its full-year 2026 guidance downwards for Adjusted EBITDA and RevPAR growth due to slower occupancy growth and other factors.
Key Highlights
- Brookdale Senior Living reported Q3 2026 net loss of $13.9M, an improvement from $114.7M in Q3 2025.
- Adjusted EBITDA for Q3 2026 increased 12.0% year-over-year to $124.3M.
- Consolidated revenue per available unit (RevPAR) grew 7.5% year-over-year in Q3 2026.
- Weighted average occupancy improved 130 basis points year-over-year to 83.1% in Q3 2026.
- Completed acquisition of 17 communities and announced agreement to purchase an additional 30 leased communities.
- Received approximately $180 million in cash proceeds from community sales in 2026 to date.
- Revised full year 2026 guidance for Adjusted EBITDA to $495M-$502M and RevPAR growth to 7.4%-7.9%.
Price Impact
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