CareTrust REIT revenue jumps 43.5% to $161.3M; net income up 29.8% to $89.0M

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read

Key Changes

• high

  Revenue rose 43.5% to $161.3M, driven by acquisitions and the new SHOP platform; net income grew 29.8% to $89.0M, but diluted EPS only rose 8.6% to $0.38 due to share issuance.

  MD&A: Revenue & Net Income verify on EDGAR →
• high

  Launched a senior housing operating portfolio (SHOP) under RIDEA, adding $8.5M in resident fees and services revenue and four communities with 372 units.

  MD&A: SHOP Platform verify on EDGAR →
• high

  Raised ~$578.2M in gross proceeds via a forward sale of 14.4M shares and expanded the ATM program to $1.0B; drew $310M on the revolver and borrowed an additional $285M post-quarter.

  MD&A: Financing Activity verify on EDGAR →