American Healthcare REIT (AHR) Cost of Revenue (2017 - 2026)

American Healthcare REIT (AHR) posted Cost of Revenue of $512.2 million for Q1 2026, up 6.64% on a QoQ basis from $480.3 million in Q4 2025, and up 18.44% year-over-year from $432.4 million in Q1 2025.

American Healthcare REIT (AHR) Cost of Revenue (2017 - 2026) Analysis & Trends

American Healthcare REIT's Cost of Revenue history runs 10 years deep, the most recent figure standing at $512.2 million for Q1 2026.

  • Quarterly Cost of Revenue rose 18.44% year-over-year to $512.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 11.33% YoY) and the FY2025 annual result came in at $1.8 billion, up 8.44% from the prior year.
  • Cost of Revenue was $512.2 million for Q1 2026 at American Healthcare REIT, up from $480.3 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $512.2 million in Q1 2026 and bottomed at $287.2 million in Q1 2022.
  • A 5-year average of $396.7 million and a median of $402.6 million in 2024 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue soared 31.41% — and 2025, when it grew 5.89%.
  • American Healthcare REIT's 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 grew by 6.64% to $512.2 million in 2026.
  • Business Quant data shows AHR's Cost of Revenue at $512.2 million in Q1 2026, $480.3 million in Q4 2025, and $454.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Welltower 174.01 Bn 169.25 Bn 1.30 Bn 2.06 Bn
2 Ventas 47.55 Bn 47.36 Bn 1.65 Bn 9.70 Mn
3 Healthpeak Properties 15.62 Bn 15.62 Bn - -
4 Omega Healthcare Investors 15.27 Bn 15.27 Bn - -
5 American Healthcare REIT 10.77 Bn 10.61 Bn 97.60 Mn 512.17 Mn
6 CareTrust REIT 9.57 Bn 9.57 Bn - -
7 Healthcare Realty Trust 7.50 Bn 7.50 Bn - -
8 Sabra Health Care REIT 5.64 Bn 5.64 Bn - -
9 Diversified Healthcare Trust 4.51 Bn 4.39 Bn 295.29 Mn 71.19 Mn
10 National Health Investors 3.83 Bn 3.83 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 512.17 Mn
Mar 31, 2026 512.17 Mn
Dec 31, 2025 480.29 Mn
Dec 31, 2025 480.29 Mn
Sep 30, 2025 454.53 Mn
Sep 30, 2025 454.53 Mn
Jun 30, 2025 426.29 Mn
Jun 30, 2025 426.29 Mn
Mar 31, 2025 432.42 Mn
Mar 31, 2025 432.42 Mn
Dec 31, 2024 430.57 Mn
Dec 31, 2024 430.57 Mn
Sep 30, 2024 417.13 Mn
Sep 30, 2024 417.13 Mn
Jun 30, 2024 402.56 Mn
Jun 30, 2024 402.56 Mn
Mar 31, 2024 403.63 Mn
Mar 31, 2024 403.63 Mn
Dec 31, 2023 385.01 Mn
Dec 31, 2023 385.01 Mn