THE PENNANT GROUP, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $947.7M | $695.2M | $544.9M | $473.2M | $439.7M | $391.0M | $338.5M | $286.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $71.1M | $50.2M | $36.7M | $34.0M | $36.3M | — | — | — |
| Operating Income | $51.9M | $38.1M | $25.2M | $12.7M | $4.7M | $18.9M | $5.7M | $20.6M |
| Operating Margin | 5.5% | 5.5% | 4.6% | 2.7% | 1.1% | 4.8% | 1.7% | 7.2% |
| Interest Expense | — | — | $5.9M | $3.8M | $1.9M | $1.2M | $410.0K | $0 |
| Pretax Income | $45.6M | $31.4M | $19.6M | $8.9M | $2.7M | $17.9M | $5.3M | $20.6M |
| Income Tax Expense | $11.9M | $7.0M | $5.7M | $1.6M | $582.0K | $2.4M | $2.1M | $4.4M |
| Net Income | $29.6M | $22.6M | $13.4M | $6.6M | $2.7M | $15.7M | $2.5M | $15.7M |
| Net Margin | 3.1% | 3.2% | 2.5% | 1.4% | 0.6% | 4.0% | 0.8% | 5.5% |
| EPS (Basic) | $0.86 | $0.72 | $0.45 | $0.23 | $0.09 | $0.56 | $0.11 | $0.58 |
| EPS (Diluted) | $0.84 | $0.70 | $0.44 | $0.22 | $0.09 | $0.52 | $0.11 | $0.58 |
| Shares Outstanding (Basic) | 34.6M | 31.2M | 29.9M | 29.1M | 28.4M | 28.0M | 27.8M | 27.8M |
| Shares Outstanding (Diluted) | 35.3M | 32.0M | 30.2M | 30.2M | 30.6M | 30.2M | 29.6M | 27.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |