National HealthCare Corporation

Filing receipts

“The increase in non-GAAP earnings for the three months ended March 31, 2026 compared to the same period in 2025 was primarily due to a slight operating margin increase, a reduction of interest expense, and a favorable income tax rate for the quarter.”

“When comparing net patient revenues for the first quarter of 2026 to the prior year period, the percentage increase was impacted due to a one-time Missouri retroactive Medicaid rate increase of $5,015,000 recorded in the first quarter of 2025.”

“Percentage of Net Operating Revenues Three Months Ended March 31 2026 2025 Net operating revenues 100.0 % 100.0 % Costs and expenses: Salaries, wages, and benefits 61.6 61.0 Other operating 23.9 24.7 Facility rent 3.1 3.1 Depreciation and amortization 3.0 3.0 Total costs and expenses 91.6 91.8 Income from operations 8.4 8.2 Non–operating income 1.0 1.1 Interest expense (0.1 ) (0.6 ) Unrealized gains on marketable equity securities 2.4 3.0 Income before income taxes 11.7 11.7 Income tax provision (2.2 ) (3.1 ) Net income 9.5 8.6 Net income attributable to noncontrolling interest (0.1 ) (0.0 ) Net income attributable to stockholders of NHC 9.4 % 8.6 % Three Months Ended March 31, 2026 Compare...”