Growth Metrics

Ardent Health (ARDT) Cost of Revenue (2023 - 2025)

Ardent Health has reported Cost of Revenue over the past 3 years, most recently at $154.1 million for Q4 2025.

  • Quarterly results put Cost of Revenue at $154.1 million for Q4 2025, up 9.03% from a year ago — trailing twelve months through Dec 2025 was $831.4 million (up 29.85% YoY), and the annual figure for FY2025 was $647.3 million, up 30.45%.
  • Cost of Revenue for Q4 2025 was $154.1 million at Ardent Health, down from $275.9 million in the prior quarter.
  • Over the last five years, Cost of Revenue for ARDT hit a ceiling of $275.9 million in Q3 2025 and a floor of $117.7 million in Q3 2024.
  • Median Cost of Revenue over the past 3 years was $249.5 million (2023), compared with a mean of $202.2 million.
  • Biggest five-year swings in Cost of Revenue: tumbled 52.83% in 2024 and later surged 134.39% in 2025.
  • Ardent Health's Cost of Revenue stood at $249.7 million in 2023, then plummeted by 43.38% to $141.4 million in 2024, then rose by 9.03% to $154.1 million in 2025.
  • The last three reported values for Cost of Revenue were $154.1 million (Q4 2025), $275.9 million (Q3 2025), and $270.6 million (Q2 2025) per Business Quant data.