---
schema_version: "secwatch.filing_event.v1"
accession: "0002001184-26-000002"
form_type: "8-K"
ticker: "PACS"
cik: "0002001184"
company_name: "PACS Group, Inc."
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:50:21.871895+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PACS Group FY2025 revenue $5.29B (+29.3%); guides FY2026 rev $5.65-5.75B

## Summary
- FY2025 net income $191.5M; adjusted EBITDA $505.0M; Q4 net income $59.8M.
- Q4 revenue $1.36B (+12.4% YoY); adjusted EBITDA $142.1M.
- Mature facilities occupancy 94.9% vs. industry average 78.7%; 207 facilities with 4/5 CMS star rating.
- FY2026 guidance: revenue $5.65-5.75B, adjusted EBITDA $555-575M.
- Portfolio grew to 323 operated facilities across 17 states; added 8 facilities in 2025.

## SEC filing metadata
- accession: 0002001184-26-000002
- form_type: 8-K
- ticker: PACS
- cik: 0002001184
- company_name: PACS Group, Inc.
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2001184/000200118426000002/0002001184-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2001184/000200118426000002/pacs-20260226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002001184-26-000002
- JSON: https://secwatch.observer/filing/0002001184-26-000002.json
- Plain text: https://secwatch.observer/filing/0002001184-26-000002.txt

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