Short answer
CareTrust REIT, Inc. (CTRE) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $4M (down 96.0% year over year) with net income of $80M.
Q1 2026 key financials · XBRL
- Revenue
- $4M
- −96.0% YoY
- Net income
- $80M
- +21.9% YoY
- EPS (diluted)
- $0.36
- +2.9% YoY
Source: XBRL data from the CareTrust REIT, Inc. (CTRE) Q1 2026 10-Q on SEC EDGAR. USD.
CareTrust REIT, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $142.8M, up 68% YoY from $96.6M, driven by rental income and SHOP operations
- Rental income $114.2M, up 59% from $71.6M
- Best-performing line: rental income, $42.6M YoY increase
- Interest expense $11.2M, up 69% from $6.7M; depreciation and amortization $29.4M, up 65%
- Acquisitions $211.9M across 10 properties; ATM proceeds $129.5M and $350.0M revolver borrowing after quarter-end
- Headwinds: elevated rates, inflation, tariffs, California wage increases to $22 or $23 per hour, and potential CMS reimbursement changes
Risk Factors
- No material risk-factor changes from the December 31, 2025 Form 10-K
- Carried-forward risks include business, financial-condition, and operating-performance exposures disclosed in the 10-K
- No newly added regulatory, legal, compliance, operational, competitive, market, or financial risk identified in this filing
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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