Filing Flows › AH Realty Trust (AHRT) › Q2 2025
AH Realty Trust (AHRT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
AH Realty Trust (AHRT) reported revenue of $69.1M for the second quarter 2025 (Q2 2025), +2% from a year earlier and +2% from the quarter before. Operating margin was 29.6%, net earnings $5.9M (8.6% of revenue).
AH Realty Trust, Q2 2025: revenue $69.1M (+2% year over year), operating margin 29.6%, net earnings $5.9M, operating cash flow $11.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $69.1M | +2% | +2% |
| Operating profit | $20.4M | +30% | +47% |
| Net earnings | $5.9M | — | +88% |
| Operating cash flow | $11.1M | 104× | -36% |
What changed
Revenue was $69.1M in Q2 2025, up 2% year over year and up 2% from the previous quarter.
Operating profit was $20.4M, a 29.6% margin (up 8.9 points year over year). Of the extra revenue versus a year earlier, 406% reached operating profit, above the 21% margin then. The fastest-growing cost line was Other operating costs (+40%). Net earnings were $5.9M, up 88% year over year. The effective tax rate was -9.2%.
Operating cash flow was $11.1M (down 36% year over year), 165% of net income including minority interests. Non-cash charges added back $16.8M of depreciation and $1.4M of share-based compensation. Working capital and other items used $13.8M.
Questions
What was AH Realty Trust's revenue in the second quarter 2025?
AH Realty Trust (AHRT) reported revenue of $69.1M for the second quarter 2025 (Q2 2025), +2% from a year earlier and +2% from the quarter before.
Was AH Realty Trust profitable in the second quarter 2025?
Operating profit was $20.4M (29.6% of revenue) and net earnings $5.9M.
Source: AH Realty Trust 10-Q on SEC EDGAR.