10-Q quarterly report · filed Nov 19, 2025

PACS Group, Inc. (PACS) Q3 2024 10-Q Quarterly Report

Short answer

PACS Group, Inc. (PACS) filed its Q3 2024 10-Q quarterly report on Nov 19, 2025 for the quarter ended Sep 30, 2024. Quarterly revenue was $963M with net income of −$20M.

Q3 2024 key financials · XBRL

Revenue
$963M
−1.8% QoQ
Net income
−$20M
−80.3% QoQ
Operating margin
-3.1%
EPS (diluted)
−$0.14
−27.3% QoQ

Source: XBRL data from the PACS Group, Inc. (PACS) Q3 2024 10-Q on SEC EDGAR. USD.

PACS Group, Inc. Q3 2024 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Skilled nursing revenue $1,010.3M, up 28.9% YoY from $783.8M
  • Ramping facilities strongest: revenue $432.9M, up 37.5% YoY
  • New facilities weakest: occupancy 82.8% vs 83.4% YoY
  • Total occupancy 90.5% vs 90.4%; skilled mix 50.5% vs 49.4%
  • Portfolio expanded to 276 facilities across 15 states, serving over 26,400 patients daily

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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