---
schema_version: "secwatch.filing_event.v1"
accession: "0002001184-25-000072"
form_type: "8-K"
ticker: "PACS"
cik: "0002001184"
company_name: "PACS Group, Inc."
filed_at: "2025-11-19T23:59:59+00:00"
generated_at: "2026-05-16T18:35:18.140937+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PACS Group Q3 2025 revenue $1.34B (+31% YoY), net income $52.3M, completes restatement

## Summary
- Revenue $1.34B (+31% YoY); net income $52.3M; adjusted EBITDA $131.5M.
- FY2025 guidance: revenue $5.25-5.35B, adj. EBITDA $480-490M.
- Restatement reduced Q1 2024 rev by $14.9M, Q2 2024 rev by $46.1M.
- Audit Committee investigation into short seller allegations completed.
- Cash and equivalents $355.7M as of Sep 30, 2025, up from $157.7M Dec 2024.

## SEC filing metadata
- accession: 0002001184-25-000072
- form_type: 8-K
- ticker: PACS
- cik: 0002001184
- company_name: PACS Group, Inc.
- filed_at: 2025-11-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/2001184/000200118425000072/0002001184-25-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2001184/000200118425000072/pacs-20251119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002001184-25-000072
- JSON: https://secwatch.observer/filing/0002001184-25-000072.json
- Plain text: https://secwatch.observer/filing/0002001184-25-000072.txt

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