Regis Healthcare (ASX:REG): FY26 Results, Occupancy and Expansion Plans

Aditi Sarkar

26 October 2026 03:57 PM AEDT

Regis Healthcare (ASX:REG): FY26 Results, Occupancy and Expansion Plans

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Highlights

Regis Healthcare (ASX:REG) reported FY26 service revenue of AUD 1,350.6mn, up 16.3% YoY.
Underlying EBITDA rose 9.7% YoY to AUD 138.0mn, while statutory NPAT reached AUD 55.7mn.
Mature-home average occupancy increased to 96.0%, compared with 95.6% in FY25.
The group expanded its residential portfolio through acquisitions and continued construction at Toowong.

Regis Healthcare Limited operates residential aged care homes and related care services across Australia, alongside home care, respite, day therapy and retirement living. Following its FY26 results, the group is progressing property developments and integrating acquired homes while responding to changing aged care funding arrangements. On 26 October 2026, Regis Healthcare (ASX:REG) was quoted at AUD 4.74, down 0.84% for the trading session. Its latest reported financial results cover higher service revenue and earnings, occupancy trends, capital expenditure and the scope of its development pipeline.

Company Business

Regis Healthcare (ASX:REG) provides residential aged care and related services to older Australians. Its portfolio includes established residential homes as well as facilities added through acquisitions and newly developed properties. The company also operates home care services, day therapy, respite care and retirement living offerings. Care delivery requires a large workforce of nurses, carers, clinicians and support personnel, alongside property maintenance and compliance systems.

The residential business receives government care funding and resident-related accommodation and service payments. Revenue and costs therefore reflect occupancy, care needs, wage arrangements and government funding settings. Refundable accommodation deposits, or RADs, are also an important component of the operating cash-flow and balance-sheet profile. Regis has pursued acquisitions and greenfield development to expand its residential capacity.

Recent Development

In August 2026, Regis Healthcare (ASX:REG) reported the results for the year ended 30 June 2026. The company said its mature-home occupancy averaged 96.0%, compared with 95.6% in FY25, while occupied bed days increased from 2.63mn to 2.85mn. The Camberwell and Oxley homes each reached 99% occupancy by the end of the financial year as their ramp-up periods progressed.

During FY26, the group completed its Rockpool acquisition, adding four residential aged care homes and 600 beds in south-east Queensland. It also acquired the OC Health business, adding two homes and 230 beds in Victoria. In March 2026, it divested its Ayr and Home Hill facilities in far north Queensland. Regis reported a one-off pretax profit of AUD 25.4mn on those disposals.

The group announced an agreement in August 2026 to acquire a Victorian home care business. Separately, Andrew Kinkade commenced as managing director and chief executive officer in July 2026, following his appointment in April. These changes accompany an ongoing program of property development and operational integration.

Financial Performance and Sector Context

Regis Healthcare (ASX:REG) reported FY26 revenue from services of AUD 1,350.6mn, compared with AUD 1,161.3mn in FY25, an increase of 16.3% YoY. Underlying EBITDA increased 9.7% YoY to AUD 138.0mn, while underlying net profit after tax rose 4.2% YoY to AUD 55.6mn. Statutory net profit after tax was AUD 55.7mn, up 13.8% YoY. The company attributed service revenue growth to pricing and funding changes, acquisitions and occupancy.

Staff expenses increased 18.7% YoY to AUD 1,055.1mn, reflecting wage increases, workforce expansion and additional care hours. The underlying EBITDA margin declined to 10.2% from 10.8%. Regis identified insufficient AN-ACC price indexation relative to care-delivery costs as a contributor to margin pressure.

Net operating cash flow rose 9.8% YoY to AUD 336.3mn, including net RAD cash inflow of AUD 250.5mn. Capital expenditure increased to AUD 143.1mn from AUD 88.1mn, covering land, construction and existing-home investment. Net cash at 30 June 2026 was AUD 173.8mn, compared with AUD 192.5mn a year earlier. The sector is also adapting to the new Aged Care Act, which commenced in November 2025, including changes to accommodation funding and RAD retention.

Risks to Consider

Regis Healthcare (ASX:REG) faces labour-cost inflation, staffing and mandated care requirements, and the possibility that government funding adjustments will not fully offset operating cost increases. Property construction may involve timing, procurement and capital expenditure pressures. Acquisitions require integration of care, employees and systems, while resident occupancy and accommodation deposit flows can vary. Compliance and quality obligations remain central to the group’s operations.

What to Watch Next

Relevant milestones for Regis Healthcare (ASX:REG) include the planned opening of the 123-bed Toowong home in summer 2026/27, progress at Carlingford and other projects within its approximately 1,300-bed greenfield pipeline. Further disclosures may clarify the integration of acquired homes, home care expansion, workforce costs and the effects of room repricing. Its annual general meeting is scheduled for 17 November 2026, followed by routine trading and financial reporting.

Key Insights

Regis Healthcare (ASX:REG) delivered higher FY26 service revenue, underlying EBITDA and statutory profit, with mature-home occupancy at 96.0%. Increased staff costs narrowed the underlying EBITDA margin, while acquisitions and development investment raised capital requirements. Future operational results will indicate how new homes, accommodation pricing and aged care funding changes affect earnings and cash flows.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.