Healthpeak Q2 FY2026: revenue up 11.1%, FFO per share flat at $0.46
Healthpeak's second quarter of FY2026 reads Neutral: revenue grew 11.1% to $771.58 million and GAAP earnings beat the consensus estimate, but FFO as Adjusted per share was unchanged at $0.46. The catch is the data: the extracted revenue line, $216.46 million, is only the senior housing fee line, so read the segment table, not the headline field.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS was $0.08 against a $0.0328 consensus estimate, and net income of $52.82 million rose from $31.67 million a year ago. The cleaner number for a REIT is FFO: Nareit FFO per share rose to $0.46 from $0.43, while FFO as Adjusted per share was flat at $0.46 on $325.42 million of adjusted FFO. So the beat is real but modest.
The segment table shows total revenue of $771.58 million, up 11.1% from $694.35 million a year ago. But the extracted revenue figure is $216.46 million, which is exactly the senior housing resident-fee line, so the two cannot both be the top line. Treat $771.58 million as the real number and treat the mismatch as a data-quality flag, not a business event.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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