Sonida Senior Living SNDA Q2 2026 earnings

“Sonida's second quarter results reflect continued momentum from the strengthening of our operating platform and deliberate execution on our growth strategy. The Same-Store Portfolio saw occupancy expand 240 basis points year-over-year to 87.8% while NOI grew 16.9%, resulting in 250 basis points of margin expansion. With our operating foundation firmly in place, our primary objective continues to be driving sustained strong NOI growth in the existing portfolio, guided by our differentiated resident-first philosophy. We are pairing that organic growth with disciplined pipeline development that is funded by an increasingly flexible balance sheet and underwritten with a return-driven capital allocation framework. Moreover, our acquisitions are further enhanced with SPIN's density and data advantages, which sharpens how we deploy capital and integrate communities. Together, these give us confidence in our ability to deliver durable, long-term value for our shareholders.”