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
DateValue
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