National Healthcare Corporation reported second-quarter 2026 net operating revenues of $408.0 million, up 8.8% from $374.9 million a year earlier. The company said the increase was driven primarily by its June 1, 2026 acquisition of five skilled nursing facilities, which added 639 licensed beds in Tennessee and South Carolina.
GAAP net income attributable to NHC rose to $40.3 million from $23.7 million in the prior-year quarter, an increase of $16.6 million, or 69.9%.
Adjusted net income increased to $27.6 million from $25.7 million, up 7.2%.
Diluted earnings per share on a GAAP basis climbed to $2.54 from $1.52, while adjusted diluted EPS rose to $1.74 from $1.65.
As of Aug. 1, 2026, NHC affiliates were operating 80 skilled nursing facilities with 10,323 beds, 26 assisted living communities with 1,413 units, nine independent living communities with 775 units, three behavioral health hospitals, 34 homecare agencies and 33 hospice agencies. As a result of these announcements, the company's shares have moved -1.5% on the market, and are now trading at a price of $217.73. For more information, read the company's full 8-K submission here.
