Fresenius Medical Care AG (FMCQF) Cost of Revenue (2009 - 2025)
Fresenius Medical Care AG (FMCQF) recorded quarterly Cost of Revenue of $4.3 billion in Q4 2025, up 233.93% quarter-over-quarter from $1.3 billion in Q3 2025, and up 5.13% on a YoY basis from $4.1 billion in Q4 2024.
Fresenius Medical Care AG (FMCQF) Cost of Revenue (2009 - 2025) Analysis & Trends
Fresenius Medical Care AG's Cost of Revenue history runs 17 years deep, the most recent figure standing at $4.3 billion for Q4 2025.
- In Q4 2025, Cost of Revenue rose 5.13% year-over-year to $4.3 billion; the TTM figure through Dec 2025 stood at $10.7 billion (up 64.64% YoY), while the FY2025 annual figure was $17.0 billion, up 9.08% from the prior year.
- Cost of Revenue was $4.3 billion for Q4 2025 at Fresenius Medical Care AG, up from $1.3 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $4.3 billion in Q4 2025 to a low of $145.6 million in Q1 2024.
- Historically, Cost of Revenue has averaged $3.1 billion across 5 years, with a median of $3.8 billion in 2022.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue sank 96.19% in 2024, then jumped 2571.74% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $3.8 billion in 2021, then decreased by 2.21% to $3.7 billion in 2022, then gained by 5.14% to $3.9 billion in 2023, then increased by 4.12% to $4.1 billion in 2024, then advanced by 5.13% to $4.3 billion in 2025.
- The last three Cost of Revenue figures came in at $4.3 billion (Q4 2025), $1.3 billion (Q3 2025), and $1.2 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 2.85 Bn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 961.00 Mn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 2.34 Bn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 241.90 Mn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 1.10 Bn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 1.28 Bn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 4.28 Bn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 441.75 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 1.07 Bn |
| 10 | Fresenius Medical Care AG | - | - | -4.26 Bn | 4.28 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 4.28 Bn |
| Dec 31, 2025 | 4.28 Bn |
| Sep 30, 2025 | 1.28 Bn |
| Sep 30, 2025 | 1.28 Bn |
| Jun 30, 2025 | 1.22 Bn |
| Jun 30, 2025 | 1.22 Bn |
| Mar 31, 2025 | 3.89 Bn |
| Mar 31, 2025 | 3.89 Bn |
| Dec 31, 2024 | 4.08 Bn |
| Dec 31, 2024 | 4.08 Bn |
| Sep 30, 2024 | 1.14 Bn |
| Sep 30, 2024 | 1.14 Bn |
| Jun 30, 2024 | 1.12 Bn |
| Jun 30, 2024 | 1.12 Bn |
| Mar 31, 2024 | 145.57 Mn |
| Mar 31, 2024 | 145.57 Mn |
| Dec 31, 2023 | 3.91 Bn |
| Dec 31, 2023 | 3.91 Bn |
| Sep 30, 2023 | 4.04 Bn |
| Sep 30, 2023 | 4.04 Bn |