American Healthcare REIT (AHR) Cost of Revenue (2017 - 2026)
American Healthcare REIT's (AHR) quarterly Cost of Revenue came in at $524.8 million in Q2 2026, up 23.12% on a YoY basis from $426.3 million in Q2 2025, and up 2.47% quarter-over-quarter from $512.2 million in Q1 2026.
Analysis
American Healthcare REIT (AHR) Cost of Revenue (2017 - 2026) Analysis & Trends
American Healthcare REIT (AHR) has reported Cost of Revenue for 10 consecutive years, with $524.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 23.12% year-over-year to $524.8 million; the trailing twelve-month figure through Jun 2026 stood at $2.0 billion (up 15.55% YoY), and the FY2025 full-year result was $1.8 billion, up 8.44% from the prior year.
- Cost of Revenue climbed to $524.8 million in Q2 2026 per AHR's latest filing, from $512.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $524.8 million in Q2 2026 and bottomed at $287.2 million in Q1 2022.
- Historically, Cost of Revenue has averaged $403.8 million across 5 years, with a median of $403.1 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue jumped 31.41% in 2022, then advanced 5.89% in 2025.
- Over 5 years, Cost of Revenue stood at $360.8 million in 2022, then grew by 6.7% to $385.0 million in 2023, then gained by 11.83% to $430.6 million in 2024, then rose by 11.55% to $480.3 million in 2025, then rose by 9.27% to $524.8 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $524.8 million, $512.2 million, and $480.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.67 Bn | 165.71 Bn | 1.39 Bn | 2.15 Bn |
| 2 | Ventas | 43.73 Bn | 43.53 Bn | 1.73 Bn | 4.45 Mn |
| 3 | Omega Healthcare Investors | 14.11 Bn | 14.11 Bn | - | - |
| 4 | Healthpeak Properties | 14.09 Bn | 14.09 Bn | - | - |
| 5 | American Healthcare REIT | 10.39 Bn | 10.19 Bn | 149.41 Mn | 524.84 Mn |
| 6 | CareTrust REIT | 9.12 Bn | 9.12 Bn | - | - |
| 7 | Healthcare Realty Trust | 6.48 Bn | 6.48 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.25 Bn | 5.25 Bn | - | - |
| 9 | Diversified Healthcare Trust | 4.46 Bn | 4.34 Bn | 298.67 Mn | 66.72 Mn |
| 10 | National Health Investors | 3.39 Bn | 3.39 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 524.84 Mn |
| Mar 31, 2026 | 512.17 Mn |
| Dec 31, 2025 | 480.29 Mn |
| Sep 30, 2025 | 454.53 Mn |
| Jun 30, 2025 | 426.29 Mn |
| Mar 31, 2025 | 432.42 Mn |
| Dec 31, 2024 | 430.57 Mn |
| Sep 30, 2024 | 417.13 Mn |
| Jun 30, 2024 | 402.56 Mn |
| Mar 31, 2024 | 403.63 Mn |
| Dec 31, 2023 | 385.01 Mn |
| Sep 30, 2023 | 374.60 Mn |
| Jun 30, 2023 | 372.55 Mn |
| Mar 31, 2023 | 370.15 Mn |
| Dec 31, 2022 | 360.82 Mn |
| Sep 30, 2022 | 337.49 Mn |
| Jun 30, 2022 | 296.06 Mn |
| Mar 31, 2022 | 287.16 Mn |
| Dec 31, 2021 | 277.80 Mn |
| Sep 30, 2021 | 256.82 Mn |