---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-058167"
form_type: "8-K"
ticker: "MPT"
cik: "0001287865"
company_name: "MEDICAL PROPERTIES TRUST INC"
filed_at: "2026-02-19T23:59:59+00:00"
generated_at: "2026-05-16T01:40:01.717772+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MPT Q4 net income $0.03/sh, NFFO $0.18/sh; portfolio reshaping with new leases and acquisitions

## Summary
- Net income $17M ($0.03/sh) in Q4 2025 vs net loss ($413M) in Q4 2024; full-year net loss ($277M) vs ($2.4B).
- NFFO per share Q4 $0.18 (flat YoY); full-year NFFO $0.58 vs $0.80 in 2024.
- Entered new 15-year lease for six former Prospect California hospitals, expected to ramp to $45M annual rent by Dec 2026.
- Completed Vibra restructuring: new 20-year master lease, received $18M one-time rent payment; acquired two post-acute facilities ($32M US; €23M Europe).
- Repurchased ~4.5M shares for $23.4M; declared $0.09/sh quarterly dividend; CEO reaffirms $1B pro forma annualized cash rent target by end 2026.

## SEC filing metadata
- accession: 0001193125-26-058167
- form_type: 8-K
- ticker: MPT
- cik: 0001287865
- company_name: MEDICAL PROPERTIES TRUST INC
- filed_at: 2026-02-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287865/000119312526058167/0001193125-26-058167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287865/000119312526058167/d106067d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-058167
- JSON: https://secwatch.observer/filing/0001193125-26-058167.json
- Plain text: https://secwatch.observer/filing/0001193125-26-058167.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.