American Healthcare REIT (AHR) Cost of Revenue (2017 - 2026)
American Healthcare REIT (AHR) reported Cost of Revenue of $512.2 million for Q1 2026, up 18.44% on a YoY basis from $432.4 million in Q1 2025, and up 6.64% quarter-over-quarter from $480.3 million in Q4 2025.
American Healthcare REIT (AHR) Cost of Revenue (2017 - 2026) Analysis & Trends
American Healthcare REIT has reported Cost of Revenue for 10 years, with the latest figure at $512.2 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 18.44% year-over-year to $512.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.9 billion (up 11.33% YoY), and the FY2025 full-year result was $1.8 billion, up 8.44% from the prior year.
- Cost of Revenue for Q1 2026 stood at $512.2 million, up from $480.3 million in the prior quarter.
- The five-year high for Cost of Revenue was $512.2 million in Q1 2026, with the low at $287.2 million in Q1 2022.
- Historically, Cost of Revenue has averaged $396.7 million across 5 years, with a median of $402.6 million in 2024.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 31.41% — and 2025, when it gained 5.89%.
- American Healthcare REIT's Cost of Revenue stood at $360.8 million in 2022, then advanced by 6.7% to $385.0 million in 2023, then increased by 11.83% to $430.6 million in 2024, then grew by 11.55% to $480.3 million in 2025, then advanced by 6.64% to $512.2 million in 2026.
- The last three Cost of Revenue figures came in at $512.2 million (Q1 2026), $480.3 million (Q4 2025), and $454.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 144.82 Bn | 141.05 Bn | 1.30 Bn | 2.06 Bn |
| 2 | Ventas | 39.06 Bn | 38.93 Bn | 1.65 Bn | 9.70 Mn |
| 3 | Healthpeak Properties | 13.76 Bn | 14.32 Bn | - | - |
| 4 | Omega Healthcare Investors | 12.86 Bn | 13.12 Bn | - | - |
| 5 | American Healthcare REIT | 8.89 Bn | 8.81 Bn | 97.60 Mn | 512.17 Mn |
| 6 | CareTrust REIT | 8.47 Bn | 8.48 Bn | - | - |
| 7 | Healthcare Realty Trust | 6.83 Bn | 6.83 Bn | - | - |
| 8 | National Health Investors | 3.40 Bn | 3.41 Bn | - | - |
| 9 | Diversified Healthcare Trust | 2.05 Bn | 1.93 Bn | 304.41 Mn | 62.07 Mn |
| 10 | Ltc Properties | 1.75 Bn | 1.82 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |