SEC filings · customer concentration · PNTG

Pennant Group's major customers

Medicare and Medicaid accounted for 62% of Pennant Group's revenue in FY 2025, about the same as 62% a year earlier.

3major customers now
123%of revenue from them
0listed suppliers depending on it
2017–2026years covered
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When a new annual report adds a 10% customer, drops one, or moves a share by 5 points or more, you get the change and the filing link. Up to 10 companies per address, no account, unsubscribe with one click.

Major customers of Pennant Group

Customers that Pennant Group named in its annual report as 10% or more of revenue. A missing year means the customer was below that line or not named.

CustomerShare of revenueChange vs prior yearHistoryLatest filing
Medicare and Medicaid62%from 62%FY 2017: 51%FY 2018: 53%FY 2019: 56%FY 2020: 60%FY 2021: 63%FY 2022: 62%FY 2023: 63%FY 2024: 62%FY 2025: 62%9 yearsFY 2025 · filed 26 Feb 2026
Medicare48%from 48%FY 2017: 39%FY 2018: 41%FY 2019: 42%FY 2020: 46%FY 2021: 49%FY 2022: 49%FY 2023: 48%FY 2024: 48%FY 2025: 48%9 yearsFY 2025 · filed 26 Feb 2026
Medicaid13%from 13%FY 2017: 12%FY 2018: 13%FY 2019: 14%FY 2020: 14%FY 2021: 13%FY 2022: 13%FY 2023: 14%FY 2024: 13%FY 2025: 13%9 yearsFY 2025 · filed 26 Feb 2026

About this data

US-listed companies must disclose revenue from any single customer that reaches 10% of their total (ASC 280). ShadowGraph reads these disclosures from the XBRL data of every 10-K and 20-F we scan, keeps one value per fiscal year (restatements replace earlier values) and links each number to its filing. Companies that describe a customer only as "Customer A" are not listed by name. Figures are as reported; nothing here is investment advice.

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