Fresenius Medical Care AG (FMS) Cost of Revenue (2009 - 2026)

Fresenius Medical Care AG (FMS) posted quarterly Cost of Revenue of $4.0 billion for Q1 2026, up 3.33% year-over-year from $3.9 billion in Q1 2025, and down 6.21% quarter-over-quarter from $4.3 billion in Q4 2025.

Fresenius Medical Care AG (FMS) Cost of Revenue (2009 - 2026) Analysis & Trends

Fresenius Medical Care AG's Cost of Revenue history runs 18 years deep, the most recent figure standing at $4.0 billion for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 3.33% year-over-year to $4.0 billion; the TTM figure through Mar 2026 stood at $16.6 billion (up 5.06% YoY), while the FY2025 annual figure was $17.0 billion, up 9.08% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $4.0 billion, down from $4.3 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $4.3 billion in Q4 2025, with the low at $1.0 billion in Q3 2022.
  • The 5-year median for Cost of Revenue is $3.9 billion (2025), against an average of $3.1 billion.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue decreased 8.73% in 2022, then surged 279.82% in 2023.
  • Fresenius Medical Care AG's Cost of Revenue stood at $1.1 billion in 2022, then surged by 265.39% to $3.9 billion in 2023, then grew by 4.12% to $4.1 billion in 2024, then gained by 5.13% to $4.3 billion in 2025, then slipped by 6.21% to $4.0 billion in 2026.
  • Business Quant data shows FMS's Cost of Revenue at $4.0 billion in Q1 2026, $4.3 billion in Q4 2025, and $4.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 HCA Healthcare 89.17 Bn 88.16 Bn 15.19 Bn 5.04 Bn
2 Tenet Healthcare 22.30 Bn 20.13 Bn 4.45 Bn 1.17 Bn
3 Encompass Health 12.22 Bn 12.08 Bn 1.34 Bn 254.90 Mn
4 Davita 11.68 Bn 10.99 Bn 1.16 Bn 2.39 Bn
5 Ensign 10.53 Bn 10.21 Bn 306.24 Mn 1.13 Bn
6 Universal Health Services 10.14 Bn 10.00 Bn 3.29 Bn 1.35 Bn
7 Pacs 7.07 Bn 6.91 Bn 338.46 Mn 1.09 Bn
8 Chemed 7.04 Bn 7.00 Bn 221.47 Mn 451.78 Mn
9 Fresenius Medical Care AG 6.38 Bn 4.69 Bn 1.52 Bn 4.13 Bn
10 Concentra Group Holdings Parent 4.43 Bn 4.28 Bn 192.10 Mn 413.93 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 4.13 Bn
Jun 30, 2026 4.13 Bn
Mar 31, 2026 4.02 Bn
Mar 31, 2026 4.02 Bn
Dec 31, 2025 4.28 Bn
Dec 31, 2025 4.28 Bn
Sep 30, 2025 4.26 Bn
Sep 30, 2025 4.26 Bn
Jun 30, 2025 4.05 Bn
Jun 30, 2025 4.05 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 3.97 Bn
Sep 30, 2024 3.97 Bn
Jun 30, 2024 3.88 Bn
Jun 30, 2024 3.88 Bn
Mar 31, 2024 3.86 Bn
Mar 31, 2024 3.86 Bn