American Homes 4 Rent (AMH) Cost of Revenue (2015 - 2026)
American Homes 4 Rent's (AMH) quarterly Cost of Revenue came in at $25.6 million in Q1 2026, down 71.2% year-on-year from $88.8 million in Q1 2025, and down 96.02% quarter-over-quarter from $642.5 million in Q4 2025.
American Homes 4 Rent (AMH) Cost of Revenue (2015 - 2026) Analysis & Trends
American Homes 4 Rent's Cost of Revenue history runs 12 years deep, the most recent figure standing at $25.6 million for Q1 2026.
- On a quarterly basis, Cost of Revenue fell 71.2% year-over-year to $25.6 million in Q1 2026; TTM through Mar 2026 was $1.0 billion, a 528.83% increase from a year earlier, with the FY2025 full-year figure at $664.0 million, up 2367.22% from the prior year.
- Cost of Revenue retreated to $25.6 million in Q1 2026 per AMH's latest filing, from $642.5 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $642.5 million in Q4 2025 and bottomed at -$450.5 million in Q4 2024.
- The 5-year median for Cost of Revenue is $97.0 million (2024), against an average of $78.6 million.
- Across the five-year window, Cost of Revenue soared 519.11% in 2022 and sank 1486.15% in 2023, its largest moves.
- Year by year, Cost of Revenue stood at $15.7 million in 2022, then sank by 1486.15% to -$217.2 million in 2023, then slumped by 107.39% to -$450.5 million in 2024, then soared by 242.61% to $642.5 million in 2025, then plunged by 96.02% to $25.6 million in 2026.
- Per Business Quant, the three latest AMH Cost of Revenue figures stand at $25.6 million (Q1 2026), $642.5 million (Q4 2025), and $181.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.28 Bn | 26.28 Bn | - | - |
| 2 | Equity Residential | 25.58 Bn | 25.58 Bn | - | - |
| 3 | Invitation Homes | 17.96 Bn | 17.96 Bn | 694.98 Mn | 39.13 Mn |
| 4 | Mid America Apartment Communities | 15.60 Bn | 15.46 Bn | 537.05 Mn | 18.51 Mn |
| 5 | Sun Communities | 14.85 Bn | 14.85 Bn | 491.20 Mn | 16.70 Mn |
| 6 | Udr | 12.92 Bn | 12.88 Bn | 416.43 Mn | 9.42 Mn |
| 7 | Equity Lifestyle Properties | 12.65 Bn | 12.65 Bn | 378.95 Mn | 18.67 Mn |
| 8 | American Homes 4 Rent | 12.18 Bn | 12.18 Bn | - | 25.59 Mn |
| 9 | Camden Property Trust | 11.83 Bn | 11.83 Bn | - | - |
| 10 | Millrose Properties | 4.72 Bn | 4.67 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.59 Mn |
| Mar 31, 2026 | 25.59 Mn |
| Dec 31, 2025 | 642.48 Mn |
| Dec 31, 2025 | 642.48 Mn |
| Sep 30, 2025 | 181.60 Mn |
| Sep 30, 2025 | 181.60 Mn |
| Jun 30, 2025 | 160.09 Mn |
| Jun 30, 2025 | 160.09 Mn |
| Mar 31, 2025 | 88.85 Mn |
| Mar 31, 2025 | 88.85 Mn |
| Dec 31, 2024 | -450.52 Mn |
| Dec 31, 2024 | -450.52 Mn |
| Sep 30, 2024 | 97.04 Mn |
| Sep 30, 2024 | 97.04 Mn |
| Jun 30, 2024 | 29.17 Mn |
| Jun 30, 2024 | 29.17 Mn |
| Mar 31, 2024 | 28.02 Mn |
| Mar 31, 2024 | 28.02 Mn |
| Dec 31, 2023 | -217.24 Mn |
| Dec 31, 2023 | -217.24 Mn |