Logo

SNDA

Sonida Senior Living, Inc.

SNDA

Sonida Senior Living, Inc. • NYSE
$32.40 ▼ -1.70% (-0.56)
Market Cap $608.15 M
52w High $33.50
52w Low $19.34
Dividend Yield 0%
P/E -10.84
Volume 21.81K
Outstanding Shares 18.77M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $98.038M ▲ $25.156M ▲ $-26.911M ▼ -27.45% ▼ $-1.56 ▼ $-2.723M ▼
Q2-2025 $93.525M ▲ $23.375M ▼ $-1.563M ▲ -1.671% ▲ $-0.16 ▲ $21.035M ▲
Q1-2025 $91.923M ▼ $82.572M ▼ $-12.529M ▼ -13.63% ▼ $-0.77 ▼ $10.182M ▼
Q4-2024 $91.931M ▲ $227.15M ▲ $-5.504M ▲ -5.987% ▲ $-0.38 ▲ $16.744M ▲
Q3-2024 $74.75M $22.522M $-13.758M -18.405% $-0.98 $6.371M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $16.961M ▲ $854.821M ▲ $768.413M ▲ $81.021M ▼
Q2-2025 $14.053M ▲ $849.772M ▲ $736.006M ▲ $107.942M ▼
Q1-2025 $13.988M ▼ $824.479M ▼ $708.513M ▼ $110.019M ▼
Q4-2024 $16.992M ▼ $841.921M ▲ $712.312M ▲ $123.034M ▼
Q3-2024 $24.938M $796.235M $660.287M $128.791M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-26.911M ▼ $12.009M ▲ $-24.502M ▲ $14.716M ▼ $2.223M ▲ $2.966M ▲
Q2-2025 $-1.973M ▲ $8.932M ▲ $-29.526M ▼ $21.874M ▲ $1.28M ▲ $1.939M ▲
Q1-2025 $-13.025M ▼ $3.823M ▲ $-7.945M ▲ $-2.548M ▼ $-6.67M ▼ $-4.514M ▲
Q4-2024 $-6.218M ▲ $-3.137M ▼ $-54.797M ▲ $53.233M ▼ $-4.701M ▼ $-10.371M ▼
Q3-2024 $-14.265M $2.979M $-111.411M $128.437M $20.005M $-5.058M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Ancillary Services
Ancillary Services
 $0 ▲$0 ▲$0 ▲$0 ▲
Community Fees
Community Fees
 $0 ▲$0 ▲$0 ▲$0 ▲
Community Reimbursement Revenue
Community Reimbursement Revenue
 $10.00M ▲$20.00M ▲$10.00M ▼$10.00M ▲
Health Care Resident Service
Health Care Resident Service
 $70.00M ▲$140.00M ▲$80.00M ▼$80.00M ▲
Housing And Support Services
Housing And Support Services
 $70.00M ▲$140.00M ▲$80.00M ▼$80.00M ▲
Management Service
Management Service
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been edging higher over the last few years after an earlier slump, and profitability at the operating level is gradually improving. Gross margins have strengthened meaningfully, and cash-style earnings (like EBITDA) have moved from very weak to modestly positive. However, core operations still hover around break-even, with only small operating losses and very thin cushions. Bottom-line net income has been quite volatile, swinging between large losses and one-off gains, which makes single-year earnings figures less reliable. Overall, the direction is better, but the business is not yet showing consistently strong, repeatable profits.

Balance Sheet

Balance Sheet The company carries a heavy debt load relative to its asset base, which keeps financial risk elevated. Equity was negative for several years and has only recently turned positive, suggesting a balance sheet that has been repaired but remains fragile. Cash on hand is quite limited, offering only a small buffer against shocks or downturns. Assets are fairly stable and have been inching up, but the capital structure is still tilted toward lenders rather than shareholders, making ongoing access to financing and careful debt management very important.

Cash Flow

Cash Flow Cash generated from daily operations is roughly around break-even, fluctuating between slightly positive and slightly negative. The business consistently spends on its properties and improvements, so free cash flow has been modestly negative for several years. The shortfall is not enormous, but it does mean the company cannot fully fund itself from internal cash and likely relies on debt, equity, or asset sales to support investments and growth. The key watch point is whether improving operations can steadily push operating cash flow into clearly positive territory and cover ongoing capital needs.

Competitive Edge

Competitive Edge Sonida operates in a structurally attractive space, supported by an aging population and rising demand for senior living, but the industry is competitive and sensitive to labor costs and occupancy levels. Its strategy centers on buying underperforming communities, then turning them around through a specialized “operational excellence” team, with a focus on sales, care quality, and shifting to more stable private-pay revenue. This hands-on model, combined with ownership of many of its communities, can be a real advantage if executed well. Culture and staff retention are also clear priorities, which matter a lot in care-based businesses. Still, success depends on consistently lifting occupancy and margins across a growing portfolio, while competing operators pursue similar goals.

Innovation and R&D

Innovation and R&D Innovation here is less about lab research and more about better processes, technology, and resident experiences. Sonida is rolling out a modern health-record platform across all communities to improve data-driven care, compliance, and efficiency. It also uses workforce-management software to create more flexible staffing, aiming to control labor costs and reduce burnout. On the resident side, programs like Tree of Dreams and the Magnolia Trails memory-care offering help differentiate the brand and deepen relationships with residents and families. These initiatives, if scaled well, can strengthen the company’s service quality and make it harder for more generic operators to match the experience.

Summary

Sonida appears to be in the midst of a multiyear turnaround: operational performance is improving, margins are better, and net results are much closer to break-even than in the past, though not yet comfortably profitable. The balance sheet has healed somewhat but still carries substantial leverage and limited cash, leaving little room for major missteps. Strategically, the company leans into acquiring and fixing underperforming communities, supported by targeted technology and a resident-centric service model. A large planned acquisition could transform its scale and ranking in the industry, but it also raises the bar for integration, execution, and financial discipline. The long-term demand backdrop is favorable, yet the outcome will largely hinge on maintaining occupancy gains, controlling labor costs, and carefully managing debt as the company grows.

NEWS

November 10, 2025 · 8:15 AM UTC

Sonida Senior Living Announces Third Quarter 2025 Results

Read more

November 5, 2025 · 6:23 PM UTC

Newmark Serves as Real Estate Advisor on $1.8 Billion Strategic Merger Between Sonida Senior Living and CNL Healthcare Properties

Read more

November 5, 2025 · 5:40 PM UTC

Sonida Senior Living Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Sonida Senior Living, Inc. - SNDA

Read more

November 5, 2025 · 5:30 PM UTC

$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Sonida Senior Living, Inc. (NYSE: SNDA)

Read more

November 5, 2025 · 11:39 AM UTC

SNDA Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of Sonida Senior Living, Inc. is Fair to Shareholders

Read more