Omega Healthcare Investors (OHI) Q3 FY2026 earnings: revenue $341 million, up 9.3% on the year

Omega Healthcare Investors Inc. (OHI) reported revenue of $341 million for Q3 FY2026, the quarter ended 30 September 2026, up 9.3% on the same quarter a year earlier. Net income was $83 million, down 53.8% on the year, and diluted earnings per share $0.27. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue

$341 million

+9.3% on the year · +3.7% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

97.4%

99.6% a year earlier

Q4 FY2024Q3 FY2026

Net income

$83 million

-53.8% on the year · -77.1% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.27

-54.2% on the year · -77.3% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 raised, 4 kept.

AFFO per share rose year over year: AFFO was $262 million, or $0.82 per diluted share, on 321 million diluted shares, against $243 million and $0.79 on 308 million shares a year earlier.
UK mortgage loan to Foundation: The loan, secured by 48 U.K. care homes and leaseholds in 7 more, bears 8.72%, rising to 8.94% in year two. A purchase option on the real estate is in place.
PACS rent rises on Florida transfer: Initial annual rent on the 32 facilities is $58.0 million, up $26.1 million, rising $2.5 million in year two and 2% a year after, through January 2038.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	341	328	312	+3.7%	+9.3%
Operating income	332	331	310	+0.2%	+6.9%
Operating margin	97.4%	100.8%	99.6%
Interest expense	44.5	48.1	58.1	-7.4%	-23.4%
Pre-tax income	85.4	380	191	-77.5%	-55.4%
Income tax	2.8	4.6	4.5	-38.6%	-36.7%
Effective tax rate	3.3%	1.2%	2.3%
Net income	83.1	363	180	-77.1%	-53.8%
Net margin	24.4%	110.5%	57.7%
Diluted EPS	$0.27	$1.19	$0.59	-77.3%	-54.2%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	191	218	227	-12.3%	-15.7%
Capital expenditure	24.6	17.9	21.2	+37.2%	+15.7%
Free cash flow	166	200	205	-16.7%	-19.0%
Free cash flow margin	48.9%	60.9%	65.9%
Cash from investing	-156	552	-83.8
Cash from financing	4.9	-639	-139
Depreciation and amortisation	82.0	81.8	82.1	+0.2%	-0.1%
Share-based compensation	23.7	23.5	9.3	+1.0%	+155.4%
Dividends paid	207	200	198	+3.5%	+4.4%
Dividend per share	$0.68	$0.67	$0.67	+1.5%	+1.5%
Diluted shares, weighted	321m	316m	308m	+1.5%	+4.2%
Shares outstanding at period end	304m	299m	296m	+1.6%	+2.8%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	5,506	5,391	5,036	+2.1%	+9.3%
Non-controlling interest	257	252	208	+2.1%	+23.6%
Debt	4,021	4,025	4,995	-0.1%	-19.5%
Other liabilities	337	348	357	-3.0%	-5.6%
Total liabilities and equity	10,121	10,015	10,596	+1.1%	-4.5%
Goodwill	649	644	645	+0.6%	+0.6%
Intangible assets	24.7	25.4	27.9	-2.8%	-11.7%
Loans	1,346	1,367	1,415	-1.5%	-4.9%
Cash and equivalents	196	39.0	737	+401.8%	-73.4%
Other assets	7,907	7,939	7,771	-0.4%	+1.7%
Total assets	10,121	10,015	10,596	+1.1%	-4.5%

Questions

What was Omega Healthcare Investors' revenue in Q3 FY2026?

Omega Healthcare Investors (OHI) reported revenue of $341 million for Q3 FY2026, the quarter ended 30 September 2026, up 9.3% on the same quarter a year earlier.

How much did Omega Healthcare Investors earn in Q3 FY2026?

Net income for Q3 FY2026 was $83 million, down 53.8% on the year, and diluted earnings per share $0.27.

When did Omega Healthcare Investors report Q3 FY2026 results?

Omega Healthcare Investors filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	250	249	245	239	145	218	250	242	239	243	253	276	279	277	283	312	319	323	328	341
Operating income	33.4	81.6	70.5	61.8	-135	18.4	48.8	47.5	41.5	69.2	103	113	118	101	281	310	144	156	331	332
Operating margin	13%	33%	29%	26%	-93%	8%	20%	20%	17%	28%	41%	41%	42%	37%	100%	100%	45%	48%	101%	97%
Interest expense	58.2	58.1	58.4	58.2	58.5	58.5	58.8	58.8	59.4	57.8	54.0	54.7	55.2	52.3	52.9	58.1	51.7	49.8	48.1	44.5
Pre-tax income	33.7	195	91.3	102	48.0	34.7	62.1	97.0	61.2	71.8	119	111	127	115	147	191	171	160	380	85.4
Tax rate	3%	1%	1%	1%	2%	-4%	3%	2%	7%	4%	2%	3%	2%	3%	3%	2%	1%	3%	1%	3%
Net income	33.3	190	89.5	102	45.6	35.9	59.9	91.4	55.0	67.4	114	112	113	109	137	180	165	151	363	83.1
Net margin	13%	76%	37%	43%	31%	16%	24%	38%	23%	28%	45%	40%	41%	39%	48%	58%	52%	47%	111%	24%
Diluted EPS	$0.12	$0.79	$0.38	$0.43	$0.20	$0.15	$0.25	$0.37	$0.23	$0.27	$0.45	$0.42	$0.41	$0.33	$0.46	$0.59	$0.56	$0.47	$1.19	$0.27
Operating cash flow	157	132	173	167	154	111	170	171	165	151	184	185	229	182	239	227	231	216	218	191
Capital expenditure	16.0	13.5	12.7	11.5	9.5	5.3	7.9	10.1	14.7	6.9	7.1	8.3	15.5	20.2	12.8	21.2	26.7	8.8	17.9	24.6
Free cash flow	141	119	160	155	144	106	163	161	150	145	177	177	213	162	226	205	204	207	200	166
Buybacks	n/a	27.3	115	0.0	0.0	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Dividends paid	161	161	158	157	157	157	157	164	165	165	166	173	181	189	195	198	198	198	200	207
Shares outstanding	239m	238m	234m	234m	234m	234m	241m	245m	245m	246m	254m	268m	279m	286m	293m	296m	296m	298m	299m	304m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.