American Healthcare REIT, Inc. (AHR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Revenue | 650.77M | 604.08M | 572.94M | 542.5M | 540.6M | 542.74M | 523.81M | 504.58M | 499.53M | 482.55M | 463.18M | 461.19M | 452.23M | 449.62M | 419.63M | 377.33M | 370.92M |
| Revenue Growth % | 20.38% | 11.3% | 9.38% | 7.52% | 8.22% | 12.47% | 13.09% | 9.41% | 10.46% | 7.32% | 10.38% | 22.22% | 21.92% | - | - | - | - |
| Property Operating Expenses | 659.39M | 603.23M | 454.53M | 426.29M | 432.42M | 430.57M | 417.13M | 402.56M | 403.63M | 385.01M | 374.6M | 372.55M | 370.15M | 360.82M | 337.49M | 296.06M | 287.16M |
| Net Operating Income (NOI) | -8.62M | 846K | 118.41M | 116.22M | 108.18M | 112.17M | 106.69M | 102.02M | 95.9M | 97.54M | 88.57M | 88.64M | 82.08M | 88.8M | 82.14M | 81.27M | 83.76M |
| NOI Margin % | -1.32% | 0.14% | 20.67% | 21.42% | 20.01% | 20.67% | 20.37% | 20.22% | 19.2% | 20.21% | 19.12% | 19.22% | 18.15% | 19.75% | 19.57% | 21.54% | 22.58% |
| Operating Expenses | -50.98M | -39.06M | 75.93M | 69.87M | 67.91M | 72.02M | 69.32M | 70.33M | 68.32M | 68.32M | 74.13M | 64.75M | 72.92M | 68.92M | 58.37M | 54.59M | 63.5M |
| G&A Expenses | 0 | 0 | 14.11M | 27.93M | 26.8M | 25.1M | 25.07M | 25.07M | 25.55M | 24.39M | 25.92M | 26.43M | 28.25M | 26.63M | 24.48M | 25.59M | 26.41M |
| EBITDA | 109.42M | 95.23M | 91.66M | 97.68M | 91.2M | 97.21M | 91.27M | 87.79M | 82.15M | 81.29M | 77.65M | 80.87M | 74.2M | 76.45M | 73.34M | 72.67M | 68.73M |
| EBITDA Margin % | 16.81% | 15.76% | 16% | 18.01% | 16.87% | 17.91% | 17.42% | 17.4% | 16.44% | 16.85% | 16.76% | 17.54% | 16.41% | 17% | 17.48% | 19.26% | 18.53% |
| Depreciation & Amortization | 67.06M | 55.32M | 49.18M | 51.34M | 50.93M | 57.06M | 53.9M | 56.11M | 54.57M | 52.08M | 63.2M | 56.98M | 65.04M | 56.57M | 49.56M | 45.99M | 48.48M |
| D&A / Revenue % | 10.3% | 9.16% | 8.58% | 9.46% | 9.42% | 10.51% | 10.29% | 11.12% | 10.92% | 10.79% | 13.65% | 12.35% | 14.38% | 12.58% | 11.81% | 12.19% | 13.07% |
| Operating Income | 42.36M | 39.91M | 42.48M | 46.34M | 40.27M | 40.15M | 37.37M | 31.68M | 27.58M | 29.21M | 14.45M | 23.89M | 9.16M | 19.88M | 23.78M | 26.68M | 20.25M |
| Operating Margin % | 6.51% | 6.61% | 7.41% | 8.54% | 7.45% | 7.4% | 7.13% | 6.28% | 5.52% | 6.05% | 3.12% | 5.18% | 2.03% | 4.42% | 5.67% | 7.07% | 5.46% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 2.25x | 1.43x | 1.74x | 1.48x | 0.73x | -0.05x | 0.91x | 1.12x | 0.93x | 0.25x | 0.85x | 0.72x | 0.30x | -0.42x | 0.73x | 0.25x | 0.97x |
| Non-Operating Income | 81K | 11.58M | 6.93M | 12.9M | 23.56M | 41.79M | 9.8M | -2.52M | -6.13M | 19.1M | -21.39M | -5.58M | -2.38M | 34.33M | 3.77M | 21.67M | -2.34M |
| Pretax Income | 23.49M | 8.53M | 35.55M | 10.81M | -6.24M | -31.94M | -2.83M | 3.61M | -2.73M | -31.07M | -6.16M | -11.52M | -27.47M | -49.21M | -7.52M | -15.34M | -729K |
| Pretax Margin % | 3.61% | 1.41% | 6.2% | 1.99% | -1.15% | -5.89% | -0.54% | 0.72% | -0.55% | -6.44% | -1.33% | -2.5% | -6.07% | -10.95% | -1.79% | -4.06% | -0.2% |
| Income Tax | -525K | -2.42M | -21.09M | 732K | 604K | 486K | 263K | 686K | 278K | -112K | 284K | 348K | 143K | 87K | 126K | 205K | 168K |
| Effective Tax Rate % | -2.24% | -28.33% | -59.34% | 6.77% | -9.69% | -1.52% | -9.29% | 18.99% | -10.2% | 0.36% | -4.61% | -3.02% | -0.52% | -0.18% | -1.68% | -1.34% | -23.05% |
| Net Income | 23.71M | 10.78M | 55.93M | 9.91M | -6.8M | -31.77M | -4.13M | 1.98M | -3.89M | -27.43M | -5.99M | -12.18M | -25.87M | -47.53M | -13.51M | -17.31M | -2.96M |
| Net Margin % | 3.64% | 1.78% | 9.76% | 1.83% | -1.26% | -5.85% | -0.79% | 0.39% | -0.78% | -5.68% | -1.29% | -2.64% | -5.72% | -10.57% | -3.22% | -4.59% | -0.8% |
| Net Income Growth % | 448.52% | 133.91% | 1455.48% | 400.66% | -74.82% | -15.85% | 31.11% | 116.24% | 84.96% | 42.3% | 55.65% | 29.62% | -775.24% | - | - | - | - |
| Funds From Operations (FFO) | 90.78M | 66.1M | 105.11M | 61.25M | 44.13M | 25.29M | 49.77M | 58.09M | 50.67M | 24.65M | 57.21M | 44.8M | 39.17M | 9.04M | 36.06M | 28.68M | 45.52M |
| FFO Margin % | 13.95% | 10.94% | 18.35% | 11.29% | 8.16% | 4.66% | 9.5% | 11.51% | 10.14% | 5.11% | 12.35% | 9.71% | 8.66% | 2.01% | 8.59% | 7.6% | 12.27% |
| FFO Growth % | 105.72% | 161.38% | 111.17% | 5.43% | -12.92% | 2.58% | -13% | 29.68% | 29.38% | 172.78% | 58.68% | 56.17% | -13.96% | - | - | - | - |
| FFO per Share | 0.48 | 0.40 | 0.65 | 0.38 | 0.28 | 0.16 | 0.37 | 0.44 | 0.49 | 0.37 | 0.87 | 0.68 | 0.59 | 0.14 | 0.55 | 0.43 | 0.69 |
| FFO Payout Ratio % | 51.58% | 64.84% | 39.24% | 65.11% | 89.63% | 151.47% | 66.29% | 56.81% | 32.75% | 67.34% | 29.01% | 37.04% | 67.64% | 174.07% | 14.27% | 53.12% | 32.97% |
| EPS (Diluted) | 0.13 | 0.06 | 0.33 | 0.06 | -0.04 | -0.21 | -0.03 | 0.02 | -0.04 | -0.42 | -0.09 | -0.18 | -0.39 | -0.72 | -0.20 | -0.26 | -0.04 |
| EPS Growth % | 399.54% | 128.76% | 1167.96% | 307.28% | -16.35% | 50% | 65.93% | 108.39% | 90.44% | 41.67% | 54.65% | 30.77% | -774.44% | - | - | - | - |
| EPS (Basic) | 0.13 | 0.06 | 0.33 | 0.06 | -0.04 | -0.21 | -0.03 | 0.02 | -0.04 | -0.42 | -0.09 | -0.18 | -0.39 | -0.72 | -0.20 | -0.26 | -0.04 |
| Diluted Shares Outstanding | 187.97M | 166.85M | 162.91M | 161.14M | 156.92M | 153.7M | 133.73M | 130.69M | 104.3M | 66.05M | 66.05M | 66.03M | 66.03M | 66.15M | 66.08M | 66.08M | 66.21M |