REIT boardRanked among REITs, not on the main board. A REIT's earnings are dominated by depreciation on assets that typically appreciate, so net margin and return on assets understate it against an operating company.
AI-extracted from the 10-Q filed 2026-08-03 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 net loss of $25.2M driven by $100M write-off on Recovery Centers of America loan, offset by $37.7M gain on real estate dispositions and $128.8M resident services revenue from Senior Housing-Managed expansion.
Biggest Revenue Drivers
Rental and related revenues$101.3M+1.5% YoY
Minimal growth due to lease amendments, CPI rent escalators and collectability estimate changes offset by facility transitions and dispositions.
Biggest Revenue Drivers
Total revenue: $235.9M+24.7% YoY
Rental and related revenues$101.3M+1.5% YoY
Minimal growth due to lease amendments, CPI rent escalators and collectability estimate changes offset by facility transitions and dispositions.
Increase from 18 acquired and five transitioned Senior Housing-Managed communities plus labor cost inflation.
Provision for (recovery of) loan losses and other reserves$102.4MN/A
Primarily $100M write-off from reduced cash repayment of Recovery Centers of America $300M mortgage loan.
Interest expense$29.8M+8.1% YoY
Increase in interest expense related to borrowings under the Credit Agreement.
Margins: Gross margin pressure evident as Senior Housing-Managed operating expenses surge 54% YoY following portfolio expansion; operating loss of $26.8M before other income driven by provision for loan losses, partially recovered by $37.7M net gain on real estate sales.
Watch Items from the Filing
$100M write-off on Recovery Centers of America loan (from $300M principal) recorded in Q2 2026, indicating credit deterioration in loan portfolio.
$100M principal payment due on 5.38% senior unsecured notes in May 2027; refinancing or repayment required within 12 months.
Strong liquidity of $1.3B as of June 30, 2026 ($231.6M cash, $682.5M revolving credit available, $411.8M from ATM forward sales); supports ongoing acquisition and capital commitments of ~$75M.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Barbarosh Craig A.DirectorGrant or award · Aug 31, 2026
Cusack CatherineDirectorGrant or award · Aug 31, 2026
Foster Michael JDirectorGrant or award · Aug 31, 2026
Katzmann Lynne SDirectorGrant or award · Aug 31, 2026
Kono AnnDirectorGrant or award · Aug 31, 2026
Malehorn Jeffrey A.DirectorGrant or award · Aug 31, 2026
Smith DarrinExecutive VP, CIO & SecretaryGrant or award · Aug 31, 2026
Costa Michael LourencoExecutive VP, CFO & TreasurerGrant or award · Aug 31, 2026
Congress trading in SBRA
4 transactions in SBRA reported by 2 members of Congress under the STOCK Act, most recent trade Apr 10, 2023. Reported transactions, not recommendations.
About Sabra Health Care REIT, Inc. (SBRA): stock profile, AI score and financials
Sabra Health Care REIT, Inc. (SBRA) stock profile, AI quality score, and SEC EDGAR financial data, a Real Estate sector company. 13F Pro's AI-powered ranking engine scores SBRA at 60.8/100 on a composite quality score built from its SEC filings, placing it at rank #49 of 148 stocks — the top half of the AI-ranked universe. Based on the latest XBRL financial filings (Q2 2026), Sabra Health Care REIT, Inc. reports quarterly revenue of $235.9M, net income of $-25.2M, an operating margin of -11.4%. Top institutional holders of SBRA by reported 13-F value include BlackRock, PRINCIPAL FINANCIAL GROUP, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. SBRA trades on the Nasdaq exchange and files with the SEC under CIK 1492298. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate SBRA daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Sabra Health Care REIT, Inc. directly from SEC EDGAR.