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PACS Group PACS Contract Liabilities and Refund Liability

Contract Liabilities and Refund Liability at other companies

PACS Group logo
PACS GroupPACS
$181.13M+11.7%
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LKQLKQ
$126M+0.8%
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Toll BrothersTOL
$418.9M-14.3%
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$9.7M+10.2%

Other financials

Income statement

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Revenue$1.4B+11.2%
Gross profit$346.0M+36.5%
Operating income$120.0M+149%
Net income$80.7M+183%
EPS (diluted)$0.50+194%

Balance sheet

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Cash & equivalents$273.7M-5.8%
Total debt$3.5B-3.2%
Total equity$1.0B+38.2%
Total assets$5.7B+3.1%

Cash flow

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Operating cash flow$236.3M+57.3%
CapEx$21.8M+23.2%
Free cash flow$214.5M+61.9%

Valuation

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Market cap$5.79B+189%
Enterprise value$8.98B+63.8%
P/E23.8×-16.7×
P/S1.1×+0.6×

Profitability

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Gross margin23%+3.7pp
Operating margin7%+4.6pp
Net margin4.5%+3.4pp
FCF margin7.7%

Returns & leverage

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Return on equity27.3%+15.8pp
Debt / equity3.3×-1.4×
Current ratio0.0×

Where this comes from

Reported directly by PACS Group in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerRefundLiability.

The official record: PACS Group’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PACS Group's contract liabilities and refund liability?
PACS Group (PACS) reported contract liabilities and refund liability of $181.13M in Q1 2026.
How has PACS Group's contract liabilities and refund liability changed year-over-year?
PACS Group's contract liabilities and refund liability increased by 11.7% year-over-year, from $162.15M to $181.13M.
What does contract liabilities and refund liability mean?
Represents the company's obligation to transfer goods or services to a customer for which consideration has already been received, alongside potential liabilities for future refunds. This metric reflects deferred revenue and the financial impact of performance obligations that remain unsatisfied at the reporting date. It is a vital indicator of future revenue recognition and customer satisfaction risk.