Pennant Group, Inc. income statement
In fiscal 2025, Pennant Group, Inc. reported revenue of $948m, up 36.3% on the year before, operating income of $51.9m (a 5.5% margin) and net income of $29.6m, or $0.84 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 251 | 286 | 339 | 391 | 440 | 473 | 545 | 695 | 948 | 1,102 |
| Selling, general and administrative | — | — | — | — | 36 | 34 | 37 | 50 | 71 | 80 |
| Operating income | 15 | 21 | 6 | 19 | 5 | 13 | 25 | 38 | 52 | 62 |
| Interest expense | — | 0 | 0 | 1 | 2 | 4 | 6 | 7 | 7 | 11 |
| Income before tax | 15 | 21 | 5 | 18 | 3 | 9 | 20 | 31 | 46 | 53 |
| Income tax | 5 | 4 | 2 | 2 | 1 | 2 | 6 | 7 | 12 | 14 |
| Net income | 10 | 16 | 3 | 16 | 3 | 7 | 13 | 23 | 30 | 32 |
| Diluted EPS | $0.36 | $0.58 | $0.11 | $0.52 | $0.09 | $0.22 | $0.44 | $0.70 | $0.84 | $0.91 |
| Diluted shares (average) | 28m | 28m | 30m | 30m | 31m | 30m | 30m | 32m | 35m | 36m |
| EBITDA | 18 | 24 | 9 | 24 | 9 | 18 | 30 | 44 | 60 | 72 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 181 | 189 | 210 | 220 | 229 | 289 | 285 | 298 |
| Selling, general and administrative | 13 | 14 | 15 | 18 | 19 | 19 | 20 | 22 |
| Operating income | 11 | 9 | 13 | 12 | 10 | 17 | 17 | 17 |
| Interest expense | 3 | 1 | 1 | 1 | 1 | 3 | 3 | 3 |
| Income before tax | 8 | 9 | 11 | 11 | 9 | 14 | 14 | 15 |
| Income tax | 1 | 2 | 3 | 3 | 3 | 4 | 4 | 4 |
| Net income | 6 | 6 | 8 | 7 | 6 | 9 | 9 | 9 |
| Diluted EPS | $0.20 | $0.16 | $0.22 | $0.20 | $0.17 | $0.25 | $0.24 | $0.25 |
| EBITDA | 12 | 11 | 15 | 14 | 12 | 20 | 20 | 20 |
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