Medical Properties Trust Reports $202 Million Third-Quarter Net Income

Medical Properties Trust (NYSE: MPT) reported third-quarter 2026 net income of $202.1 million, or $0.34 per common share, compared with a net loss of $77.5 million, or $0.13 per share, a year earlier. Total revenue was $250.1 million, up from $237.5 million in the prior-year quarter.

The hospital real estate investment trust completed asset sales that generated approximately $680 million in cash proceeds during the quarter and finalized a private offering of approximately $2.4 billion of secured notes.

• Normalized funds from operations were $63.8 million, or $0.11 per share, versus $77.2 million, or $0.13 per share, a year earlier.
• Third-quarter asset sales produced an aggregate gain of $158 million, including sales involving hospitals in Utah and Idaho.
• The secured-notes offering proceeds repaid existing debt, including the 2026 notes and about 50% of the 2027 notes; the refinancing resulted in a $70 million quarterly gain.
• Total assets were approximately $14.4 billion as of September 30, 2026.
• MPT paid a regular quarterly dividend of $0.09 per share in October 2026.