Brookdale Reports Q3 2026 Earnings with Improved EBITDA and Reduced Net Loss
Brookdale reported third-quarter 2026 financial results characterized by a significant reduction in net loss to $13.9 million, compared to a $114.7 million loss in the prior year period. This improvement was largely driven by a $58.2 million decrease in non-cash impairment charges and an Adjusted EBITDA of $124.3 million, representing a 12% year-over-year increase fueled by resident fee growth and labor productivity gains. The company is undergoing a strategic portfolio shift, marked by the acquisition of 30 leased communities for $290 million and the sale of 24 owned communities for $178.6 million to date in 2026. While occupancy rose to 83.1%, management lowered its full-year Adjusted EBITDA guidance to a range of $495 million to $502 million, citing slower summer occupancy growth and the impact of an October fire at a Mississippi community.
Topics: dispositions earnings report EBITDA occupancy rates portfolio acquisition revenue growth
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