SHARPE
Reported results
- GAAP net loss for the third quarter of 2026 was $13.9 million, compared to a GAAP net loss of $114.7 million for the third quarter of 2025.
- Non-GAAP Adjusted EBITDA for the third quarter of 2026 was $124.3 million, a 12.0% increase over the third quarter of 2025.
- GAAP resident fees for the third quarter of 2026 were $707.3 million, compared to $775.1 million for the third quarter of 2025.
- GAAP basic and diluted net loss per share attributable to Brookdale Senior Living Inc. common stockholders was $(0.06) for the third quarter of 2026, compared to $(0.48) for the third quarter of 2025.
- Consolidated revenue per available unit (RevPAR) for the third quarter of 2026 was $5,546, a 7.5% increase year-over-year.
- Consolidated weighted average occupancy for the third quarter of 2026 was 83.1%, an increase of 130 basis points year-over-year.
Guidance
- Revised full year 2026 RevPAR year-over-year growth guidance to 7.4% to 7.9%.
- Revised full year 2026 non-GAAP Adjusted EBITDA guidance to $495 million to $502 million.
Price and volatility reaction
The stock moved -16.6% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -13.8 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 10.81 | 2026-11-05 |
| Close after release | 9.01 | 2026-11-06 |
| Realised move | -16.6% | close to close |
| 30d ATM IV change | -13.8 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.