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American Healthcare REIT AHR Resident Feesand Services — Contract With Customer Asset Net

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Other financials

Income statement

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Revenue$674.3M+24.3%
Gross profit$149.4M+28.6%
Net income$30.6M+209%
EPS (diluted)$0.16+167%

Balance sheet

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Cash & equivalents$191.6M+12.7%
Total debt$1.1B-19.0%
Total equity$3.7B+52.6%
Total assets$5.7B+26.6%

Cash flow

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Operating cash flow$118.6M+66.0%
CapEx$2.1M
Free cash flow-$7.1M

Valuation

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Market cap$10.69B+57.0%
Enterprise value$11.59B+45.2%
P/E88.3×
P/S4.6×+1.1×

Profitability

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Gross margin18%+6.1pp
Operating margin-21.2%
Net margin5.2%+4.2pp
FCF margin11.2%

Returns & leverage

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Return on equity4%+3.1pp
Debt / equity0.3×-0.3×

Where this comes from

Reported directly by American Healthcare REIT in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNet.

The source filing: American Healthcare REIT’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-340269
Line itemMedicarePrivate and Other PayorsMedicaidMedicare AdvantageTotal
Beginning balance — January 1, 2026$28,300$59,630$44,888$47,724$180,542
Ending balance — June 30, 202636,42659,79062,60743,784202,607
Increase (decrease)$8,126$160$17,719$(3,940)$22,065

Item 1. Financial Statements (Unaudited)

FAQ

What is American Healthcare REIT's resident feesand services — contract with customer asset net?
American Healthcare REIT (AHR) reported resident feesand services — contract with customer asset net of $202.61M in Q2 2026.
How has American Healthcare REIT's resident feesand services — contract with customer asset net changed year-over-year?
American Healthcare REIT's resident feesand services — contract with customer asset net increased by 14.1% year-over-year, from $177.52M to $202.61M.
What does resident feesand services — contract with customer asset net mean?
This represents the net balance of contract assets recognized when the company has performed services but has not yet reached the unconditional right to bill the customer. It captures the timing difference between revenue recognition and the contractual billing cycle. A significant balance may indicate extended payment terms or specific billing milestones.

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