The Pennant Group, Inc. filed its quarterly report on Form 10-Q with the SEC on November 4, 2026, covering the three and nine months ended September 30, 2026.

Key Highlights

  • Q3 2026 revenue of $302,251 thousand, compared to $229,039 thousand in Q3 2025, according to the filing.
  • Net income attributable to The Pennant Group, Inc. was $9,637 thousand for Q3 2026, up from $6,081 thousand in Q3 2025.
  • Diluted earnings per share of $0.26 for Q3 2026, versus $0.17 in the same period of 2025.
  • Nine-month revenue of $885,599 thousand for the period ended September 30, 2026, compared to $658,382 thousand for the same period in 2025.
  • Total assets reached $1,042,819 thousand as of September 30, 2026, up from $968,179 thousand at December 31, 2025.
  • Long-term debt, net, was $193,330 thousand at September 30, 2026, compared to $168,837 thousand at December 31, 2025.
  • 35,132,364 shares of common stock were outstanding as of November 2, 2026, the filing reported.

Pennant Group's Q3 2026 Financial Results and Balance Sheet Position

The Pennant Group, Inc. (NASDAQ:PNTG) reported third-quarter 2026 revenue of $302,251 thousand, an increase from $229,039 thousand in the third quarter of 2025, according to the condensed consolidated statements of income included in the filing. Total expenses for Q3 2026 were $285,739 thousand, resulting in income from operations of $16,512 thousand, compared to $10,238 thousand in Q3 2025. Interest expense, net, rose to $3,619 thousand in Q3 2026 from $1,016 thousand in the prior-year period. The filing also noted income from equity method investment of $1,379 thousand in Q3 2026, with no comparable figure reported for Q3 2025.

For the nine months ended September 30, 2026, the company reported total revenue of $885,599 thousand versus $658,382 thousand in the same period of 2025. Net income for the nine-month period was $32,266 thousand, of which $27,238 thousand was attributable to The Pennant Group, Inc. and $5,028 thousand was attributable to noncontrolling interest. Basic earnings per share for the nine months were $0.78, and diluted earnings per share were $0.76, compared to $0.61 and $0.59, respectively, in the prior-year nine-month period.

The condensed consolidated balance sheet as of September 30, 2026, reflected total assets of $1,042,819 thousand and total equity of $419,765 thousand, including $375,817 thousand attributable to The Pennant Group, Inc. stockholders and $43,948 thousand in noncontrolling interest. Cash was $18,389 thousand at September 30, 2026, up from $17,024 thousand at December 31, 2025. The company also reported an equity method investment of $30,177 thousand on its balance sheet as of September 30, 2026, which carried no value at December 31, 2025. The company is classified as a large accelerated filer, as indicated on the filing's cover page.

What Was Disclosed

The Pennant Group, Inc. disclosed its unaudited condensed consolidated financial statements for the three and nine months ended September 30, 2026, covering revenue, earnings, balance sheet positions, and equity activity, including share-based compensation and noncontrolling interest distributions.