American Homes 4 Rent (AMH-PG) Cost of Revenue (2015 - 2025)

American Homes 4 Rent's Cost of Revenue history runs 11 years deep, the most recent figure standing at -$389.9 million for Q4 2025.

• In Q4 2025, Cost of Revenue fell 348.92% year-over-year to -$389.9 million; the TTM figure through Dec 2025 stood at -$203.0 million (down 147.7% YoY), while the FY2025 annual figure was $119.3 million, down 52.74% from the prior year.
• Cost of Revenue was -$389.9 million for Q4 2025 at American Homes 4 Rent, down from $67.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $172.0 million in Q3 2024 to a low of -$389.9 million in Q4 2025.
• Historically, Cost of Revenue has averaged $46.4 million across 5 years, with a median of $65.8 million in 2024.
• The sharpest annual moves came in 2023 and 2025: Cost of Revenue soared 464.91% in 2023, then sank 348.92% in 2025.
• A 5-year view of Cost of Revenue shows it stood at -$273.1 million in 2021, then soared by 110.31% to $28.2 million in 2022, then jumped by 422.69% to $147.2 million in 2023, then grew by 6.44% to $156.6 million in 2024, then tumbled by 348.92% to -$389.9 million in 2025.
• The last three Cost of Revenue figures came in at -$389.9 million (Q4 2025), $67.0 million (Q3 2025), and $31.0 million (Q2 2025), per Business Quant data.