---
schema_version: "secwatch.filing_event.v1"
accession: "0001332349-23-000073"
form_type: "8-K"
ticker: "BKD"
cik: "0001332349"
company_name: "Brookdale Senior Living Inc."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T12:31:01.609021+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Brookdale Q1 beat: RevPAR +12.9%, Adj EBITDA surged 138% to $88.6M, loss narrowed

## Summary
- Resident fee revenue $713.4M, up 12% YoY; RevPAR $4,551 (+12.9%), RevPOR $5,963 (+8.6%).
- Weighted average occupancy 76.3%, up 290 bps YoY but down 80 bps sequentially from Q4 2022.
- Net loss improved to $44.6M from $100.0M in Q1 2022; Adjusted EBITDA $88.6M vs $37.2M.
- No mortgage debt maturities until September 2024; management highlights improved financial position.
- CEO cites scale and clinical expertise; expects to benefit from demographic tailwinds.

## SEC filing metadata
- accession: 0001332349-23-000073
- form_type: 8-K
- ticker: BKD
- cik: 0001332349
- company_name: Brookdale Senior Living Inc.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1332349/000133234923000073/0001332349-23-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1332349/000133234923000073/bkd-20230508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001332349-23-000073
- JSON: https://secwatch.observer/filing/0001332349-23-000073.json
- Plain text: https://secwatch.observer/filing/0001332349-23-000073.txt

## Key facts
- Earnings Releases
  Brookdale Senior Living Inc. reported the quarter ended March 31, 2023 results: revenue $ 713.4, net income (44.6).
  - Period: the quarter ended March 31, 2023
  - Revenue: $ 713.4
  - Net income: (44.6)
  - Result: reported results
  source text: Increase / (Decrease) Sequential Increase / (Decrease) ($ in millions, except RevPAR and RevPOR) 1Q 2023 1Q 2022 Amount Percent 4Q 2022 Amount Percent Resident fee revenue $ 713.4 $ 637.0 $ 76.4 12.0% $ 657.9 $ 55.5 8.4% Facility operating expense 530.8 512.8 18.0 3.5% 531.7 (0.9) (0.2)% General and administrative expense 48.6 45.1 3.5 7.8% 40.4 8.2 20.3%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1332349/000133234923000073/0001332349-23-000073-index.htm

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