Filing Flows › AH Realty Trust (AHRT) › Q3 2025
AH Realty Trust (AHRT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
AH Realty Trust (AHRT) reported revenue of $72.7M for the third quarter 2025 (Q3 2025), -0.5% from a year earlier and +5% from the quarter before. Operating margin was 29.2%, net loss $738K (1.0% of revenue).
AH Realty Trust, Q3 2025: revenue $72.7M (-0.5% year over year), operating margin 29.2%, net loss $738K, operating cash flow $26.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $72.7M | +5% | -0.5% |
| Operating profit | $21.2M | +4% | — |
| Net earnings | −$738K | -112% | — |
| Operating cash flow | $26.3M | +137% | -4% |
What changed
Revenue was $72.7M in Q3 2025, down 1% year over year and up 5% from the previous quarter.
Operating profit was $21.2M, a 29.2% margin (down 0.6 points year over year). The fastest-growing cost line was Other operating costs (+92%). The quarter ended with a net loss of $738K, after a profit of $6.7M the previous quarter. Minority interests bore $818K of it: to shareholders the quarter was a profit of $80K. Net interest and other expense of $21.8M was the main reason.
Operating cash flow was $26.3M (down 4% year over year). Non-cash charges added back $18.7M of depreciation and $1.1M of share-based compensation. Working capital and other items added $7.3M.
Questions
What was AH Realty Trust's revenue in the third quarter 2025?
AH Realty Trust (AHRT) reported revenue of $72.7M for the third quarter 2025 (Q3 2025), -0.5% from a year earlier and +5% from the quarter before.
Was AH Realty Trust profitable in the third quarter 2025?
Operating profit was $21.2M (29.2% of revenue) and net loss $738K.
Source: AH Realty Trust 10-Q on SEC EDGAR.