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
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