{"schema_version":"secwatch.filing_event.v1","accession":"0002001184-26-000024","form_type":"8-K","ticker":"PACS","cik":"0002001184","company_name":"PACS Group, Inc.","filed_at":"2026-05-11T20:18:54+00:00","discovered_at":"2026-05-11T20:20:00.371658+00:00","generated_at":"2026-05-11T21:57:19.836979+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"PACS Group Q1 revenue $1.42B (+11.2% YoY), net income up 184%; raises FY2026 Adj. EBITDA guidance","bullets":["Net income $80.7M, up 184.2% from $28.4M YoY; Adjusted EBITDA $170.4M, up 74.6%.","Revenue $1.42B, +11.2% YoY; same-store SNF revenue +8.0%; occupancy 90.9% vs 89.6%.","FY2026 Adj. EBITDA guidance raised to $605M-$625M from prior range (incl. $16.3M CA WQIP benefit).","Cash from ops $236.3M; liquidity $795.1M including $248.0M cash; net leverage ~0.1x.","Mature facilities occupancy 94.8%, ramping 88.9%; 78.4% of SNFs rated 4 or 5 stars by CMS."],"urls":{"canonical":"https://secwatch.observer/filing/0002001184-26-000024","json":"https://secwatch.observer/filing/0002001184-26-000024.json","markdown":"https://secwatch.observer/filing/0002001184-26-000024.md","text":"https://secwatch.observer/filing/0002001184-26-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2001184/000200118426000024/0002001184-26-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2001184/000200118426000024/pacs-20260511.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-11T21:57:19.836979+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}