Quarterly ResultMay 8, 2026, 04:23 PM
American Healthcare REIT Q1 Net Income $23.7M; Revenue $650.8M
AI Summary
American Healthcare REIT reported a significant turnaround in its first quarter 2026 financial results, moving from a net loss to a net income. The company saw substantial growth in total revenues and operating cash flow, driven by increased resident fees and services. Strategic acquisitions of real estate investments also contributed to the expansion of its portfolio during the quarter.
Key Highlights
- Net income attributable to controlling interest was $23.713 million for Q1 2026, compared to a net loss of $(6.804) million for Q1 2025.
- Total revenues increased to $650.774 million for Q1 2026, up from $540.603 million for Q1 2025.
- Basic earnings per common share attributable to controlling interest was $0.13 for Q1 2026, compared to $(0.04) for Q1 2025.
- Net cash provided by operating activities rose to $81.067 million for Q1 2026, from $60.616 million for Q1 2025.
- Acquired seven senior housing properties and three land parcels for future development, totaling $167.521 million in Q1 2026.
- Total assets increased to $5.598 billion as of March 31, 2026, from $5.426 billion as of December 31, 2025.
- Issued common stock in offerings generating $191.552 million in proceeds during Q1 2026.
- Declared distributions of $0.25 per share, totaling $47.875 million for Q1 2026.
Price Impact
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