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American Healthcare REIT (AHR) operating margin by quarter

American Healthcare REIT's operating margin was 22.2% in Q3 2026 (third quarter 2026), +1.9 pts from Q2 2026. Over the last 6 quarters it ranged from 18.5% (Q3 2025) to 22.2% (Q3 2026).

American Healthcare REIT operating margin by quarterAmerican Healthcare REIT operating margin by quarter19.0%Q2 202518.5%Q3 202518.5%Q4 202519.3%Q1 202620.4%Q2 202622.2%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202622.2%+1.9 pts+3.7 pts
Q2 202620.4%+1.1 pts+1.3 pts
Q1 202619.3%+0.8 pts—
Q4 202518.5%+0.0 pts—
Q3 202518.5%-0.6 pts—
Q2 202519.0%——

Q3 2026 at a glance

American Healthcare REIT, Q3 2026: revenue $742M (+30% year over year), operating margin 22.2%, net earnings $31.2M, operating cash flow $167M. The chart follows the revenue to costs, profit and cash.

Questions

What is American Healthcare REIT's operating margin?

American Healthcare REIT's operating margin was 22.2% in Q3 2026 (third quarter 2026), +1.9 pts from Q2 2026.

How has American Healthcare REIT's operating margin changed?

Over the last 6 quarters it ranged from 18.5% (Q3 2025) to 22.2% (Q3 2026).

Q3 2026 results → · How American Healthcare REIT makes money →