American Healthcare REIT AHR
NYSE AHR
$53.78 -0.82 (-1.50%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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