Here are the 10-K annual reports from Sabra Healthcare REIT, Inc. (SBRA) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow SBRA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SBRA filings page.
Sabra Health Care REIT, Inc. reports on its 2025 business as a diversified healthcare real estate investment trust focused on skilled nursing, senior housing, behavioral health and specialty hospitals in the U.S. and Canada.
As of December 31, 2025, Sabra owned 360 properties with 36,412 beds/units and undepreciated real estate investment of $5.9 billion, plus loans receivable and preferred equity totaling $442.4 million. No single tenant provided 10% or more of 2025 revenues, indicating broad credit diversification.
The portfolio includes 210 skilled nursing/transitional care, 119 senior housing (leased and managed), 16 behavioral health and 15 specialty hospital/other facilities. Sabra highlights growth drivers such as aging demographics and rising healthcare expenditures, while detailing risks including reimbursement pressure, labor shortages, regulatory changes, interest rates, inflation, pandemics and cybersecurity.
Sabra emphasizes an investment strategy centered on triple-net leases, senior housing managed structures, selective development, balance sheet liquidity of approximately $1.2 billion, and maintaining REIT status. As of February 4, 2026, market capitalization signals scale with 252,145,717 common shares outstanding and non‑affiliate equity value of $4.4 billion.