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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 90.36 Bn | 89.35 Bn | 15.19 Bn | 5.04 Bn |
| 2 | Tenet Healthcare | 22.02 Bn | 19.85 Bn | 4.45 Bn | 1.17 Bn |
| 3 | Encompass Health | 12.13 Bn | 11.99 Bn | 1.34 Bn | 254.90 Mn |
| 4 | Davita | 11.78 Bn | 11.09 Bn | 1.16 Bn | 2.39 Bn |
| 5 | Universal Health Services | 10.09 Bn | 9.95 Bn | 3.29 Bn | 1.35 Bn |
| 6 | Ensign | 9.97 Bn | 9.65 Bn | 306.24 Mn | 1.13 Bn |
| 7 | Chemed | 6.93 Bn | 6.89 Bn | 221.47 Mn | 451.78 Mn |
| 8 | Pacs | 6.81 Bn | 6.64 Bn | 338.46 Mn | 1.09 Bn |
| 9 | Concentra Group Holdings Parent | 4.32 Bn | 4.16 Bn | 192.10 Mn | 413.93 Mn |
| 10 | Fresenius Medical Care AG | 2.18 Bn | 494.41 Mn | 1.52 Bn | 4.13 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.13 Bn |
| Mar 31, 2026 | 4.02 Bn |
| Dec 31, 2025 | 4.28 Bn |
| Sep 30, 2025 | 4.26 Bn |
| Jun 30, 2025 | 4.05 Bn |
| Mar 31, 2025 | 3.89 Bn |
| Dec 31, 2024 | 4.08 Bn |
| Sep 30, 2024 | 3.97 Bn |
| Jun 30, 2024 | 3.88 Bn |
| Mar 31, 2024 | 3.86 Bn |
| Dec 31, 2023 | 3.91 Bn |
| Sep 30, 2023 | 4.04 Bn |
| Jun 30, 2023 | 3.95 Bn |
| Mar 31, 2023 | 3.82 Bn |
| Dec 31, 2022 | 3.72 Bn |
| Sep 30, 2022 | 3.88 Bn |
| Jun 30, 2022 | 3.75 Bn |
| Mar 31, 2022 | 3.79 Bn |
| Dec 31, 2021 | 3.81 Bn |
| Sep 30, 2021 | 3.74 Bn |