| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 86.29 | 0.2% |
| Total Income | 86.29 | 0.2% |
| Expenditure | 76.18 | 3.8% |
| PBT | -4.20 | 176.3% |
| Net Profit | -7.60 | 51.4% |
| OPM | 11.71% | 3.35pp |
| NPM | -8.81% | 3.00pp |
| EPS | -0.27 | 50.0% |
National Healthcare Properties Reports Q1 2026 Results
14 May 2026 · 14 May, 2:51 am
Summary
National Healthcare Properties announced its financial results for the quarter ended March 31, 2026. The company reported a net loss of $(0.27) per share, but FFO per share increased significantly by 121.4% year-over-year. The company's SHOP segment saw a 24.0% increase in Same Store Cash NOI growth. The company also entered into agreements to acquire senior living communities and sell outpatient medical facilities. Management is confident in their ability to create shareholder value through strategic dispositions and acquisitions.
Key Highlights
- 1
National Healthcare Properties reported a net loss attributable to common stockholders of $(0.27) per basic and diluted share for Q1 2026.
- 2
FFO per share increased by 121.4% year-over-year.
- 3
Normalized FFO per share increased by 100.0% year-over-year.
- 4
First quarter portfolio Same Store Cash Net Operating Income (NOI) growth was 12.0% year-over-year.
- 5
SHOP segment Same Store Cash NOI growth was 24.0% on a year-over-year basis.
- 6
Same Store average occupancy totaled 83.8%, an increase of 2.8% on a year-over-year basis.
- 7
The company expects to sell a portfolio of 86 outpatient medical facilities for approximately $528.2 million.
Management Comments
Michael Anderson
Our IPO marks the culmination of years of work to position this Company for growth and is just the beginning of what comes next. We are highly confident in our ability to create shareholder value by executing on significant OMF dispositions and SHOP acquisitions in 2026, decisively orienting our portfolio toward the generational opportunity we see in needs-based, private-pay senior housing, and pursuing an investment grade balance sheet.
Informational and educational content only. Not investment advice.