Pacs (PACS) Operating Expenses (2023 - 2026)
Pacs' (PACS) quarterly Operating Expenses came in at $1.3 billion in Q1 2026, up 5.81% year-on-year from $1.2 billion in Q1 2025, and up 2.94% quarter-over-quarter from $1.3 billion in Q4 2025.
Pacs (PACS) Operating Expenses (2023 - 2026) Analysis & Trends
Pacs has disclosed Operating Expenses across 4 years of filings, most recently posting $1.3 billion for Q1 2026.
- Operating Expenses for Q1 2026 came in at $1.3 billion, up 5.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.1 billion (up 16.35% YoY), and the FY2025 annual result was $5.0 billion, up 25.53% from the prior year.
- Operating Expenses came in at $1.3 billion for Q1 2026 at Pacs, up from $1.3 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.3 billion in Q1 2026 to a low of $649.1 million in Q1 2023.
- The 4-year median for Operating Expenses is $1.0 billion (2024), against an average of $1.0 billion.
- Across the five-year window, Operating Expenses jumped 43.82% in 2025 and increased 5.81% in 2026, its largest moves.
- Pacs' Operating Expenses stood at $790.7 million in 2023, then surged by 43.67% to $1.1 billion in 2024, then climbed by 11.21% to $1.3 billion in 2025, then increased by 2.94% to $1.3 billion in 2026.
- The last three Operating Expenses figures came in at $1.3 billion (Q1 2026), $1.3 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 16.82 Bn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 27.00 Mn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 2.93 Bn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 1.29 Bn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 1.26 Bn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 3.99 Bn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 820.65 Mn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 572.94 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 1.30 Bn |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 474.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.30 Bn |
| Dec 31, 2025 | 1.26 Bn |
| Sep 30, 2025 | 1.26 Bn |
| Jun 30, 2025 | 1.23 Bn |
| Mar 31, 2025 | 1.23 Bn |
| Dec 31, 2024 | 1.14 Bn |
| Sep 30, 2024 | 1.00 Bn |
| Jun 30, 2024 | 972.88 Mn |
| Mar 31, 2024 | 854.53 Mn |
| Dec 31, 2023 | 790.66 Mn |
| Sep 30, 2023 | 752.78 Mn |
| Jun 30, 2023 | 711.13 Mn |
| Mar 31, 2023 | 649.15 Mn |