American Homes 4 Rent (AMH) Cost of Revenue (2015 - 2026)
American Homes 4 Rent (AMH) posted quarterly Cost of Revenue of $25.6 million for Q1 2026, down 71.2% year-over-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.
- In Q1 2026, Cost of Revenue fell 71.2% year-over-year to $25.6 million; the TTM figure through Mar 2026 stood at $1.0 billion (up 528.83% YoY), while the FY2025 annual figure was $664.0 million, up 2367.22% from the prior year.
- Cost of Revenue for Q1 2026 stood at $25.6 million, down from $642.5 million in the prior quarter.
- The five-year high for Cost of Revenue was $642.5 million in Q4 2025, with the low 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.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 519.11% in 2022, then plunged 1486.15% in 2023.
- American Homes 4 Rent's Cost of Revenue stood at $15.7 million in 2022, then slumped by 1486.15% to -$217.2 million in 2023, then tumbled by 107.39% to -$450.5 million in 2024, then surged by 242.61% to $642.5 million in 2025, then sank by 96.02% to $25.6 million in 2026.
- Business Quant data shows AMH's Cost of Revenue at $25.6 million in Q1 2026, $642.5 million in Q4 2025, and $181.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | - |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.81 Bn | 17.81 Bn | 705.34 Mn | 42.22 Mn |
| 4 | Mid America Apartment Communities | 15.25 Bn | 15.12 Bn | 537.17 Mn | 17.96 Mn |
| 5 | Sun Communities | 14.88 Bn | 14.88 Bn | 460.10 Mn | 24.50 Mn |
| 6 | Equity Lifestyle Properties | 12.64 Bn | 12.64 Bn | 375.97 Mn | 21.85 Mn |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | 161.94 Mn |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | 12.97 Mn |
| 9 | Camden Property Trust | 10.98 Bn | 10.98 Bn | - | - |
| 10 | Millrose Properties | 5.05 Bn | 5.05 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 |