Ardent Health (ARDT) Cost of Revenue (2023 - 2026)

Ardent Health's Cost of Revenue history runs 4 years deep, the most recent figure standing at $165.2 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 26.29% year-over-year to $165.2 million; the TTM figure through Mar 2026 stood at $805.1 million (down 22.74% YoY), while the FY2025 annual figure was $1.1 billion, up 4.82% from the prior year.
• Cost of Revenue was $165.2 million for Q1 2026 at Ardent Health, down from $277.5 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $678.3 million in Q4 2024 to a low of -$292.0 million in Q4 2023.
• Historically, Cost of Revenue has averaged $170.5 million across 4 years, with a median of $147.2 million in 2025.
• The sharpest annual moves came in 2024 and 2025: Cost of Revenue soared 332.3% in 2024, then slumped 59.08% in 2025.
• A 4-year view of Cost of Revenue shows it stood at -$292.0 million in 2023, then soared by 332.3% to $678.3 million in 2024, then tumbled by 59.08% to $277.5 million in 2025, then slumped by 40.49% to $165.2 million in 2026.
• The last three Cost of Revenue figures came in at $165.2 million (Q1 2026), $277.5 million (Q4 2025), and $198.7 million (Q3 2025), per Business Quant data.