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American Healthcare REIT AHR Total Cost of Revenue

Total Cost of Revenue at other companies

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$2.06B+40.6%

Other financials

Income statement

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Revenue$650.8M+20.4%
Gross profit$138.6M+28.1%
Net income$23.7M+449%
EPS (diluted)$0.13+425%

Balance sheet

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Cash & equivalents$156.9M+23.1%
Total debt$1.2B-12.5%
Total equity$3.5B+53.9%
Total assets$5.6B+25.4%

Cash flow

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Operating cash flow$81.1M+33.7%
CapEx$2.1M
Free cash flow-$7.1M

Valuation

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Market cap$10.7B+69.1%
Enterprise value$11.74B+56.5%
P/E106.6×
P/S4.9×+1.6×

Profitability

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Gross margin18%+6.1pp
Operating margin-21.2%
Net margin4.6%+3.5pp
FCF margin11.2%

Returns & leverage

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Return on equity3.5%+2.6pp
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:CostOfGoodsAndServicesSold.

The source filing: American Healthcare REIT’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:16 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-214678
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Real estate revenue41,00743,427
Total revenues650,774540,603
Expenses:
Property operating expenses512,171432,423
Rental expenses13,10013,643
General and administrative17,60513,155
Transaction, transition and restructuring costs1,9711,837
Depreciation and amortization67,06241,114

Item 1. Financial Statements (Unaudited)

FAQ

What is American Healthcare REIT's total cost of revenue?
American Healthcare REIT (AHR) reported total cost of revenue of $512.17M in Q1 2026.
How has American Healthcare REIT's total cost of revenue changed year-over-year?
American Healthcare REIT's total cost of revenue increased by 18.4% year-over-year, from $432.42M to $512.17M.
What is the long-term trend for American Healthcare REIT's total cost of revenue?
Over 4 years (2021 to 2025), American Healthcare REIT's total cost of revenue has grown at a 14.9% compound annual growth rate (CAGR), from $1.03B to $1.79B.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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