Filing Flows › American Shared Hospital Services (AMS) › Q1 2026 › vs Q4 2025
American Shared Hospital Services (AMS) Q1 2026 vs Q4 2025 (quarter over quarter)
American Shared Hospital Services's revenue fell $644K (-8%) from $7.7M in Q4 2025 to $7.1M in Q1 2026. The biggest changes: Patient Income −$810K (-17%); Rental Income from Medical Services +$166K (+6%).
American Shared Hospital Services, Q1 2026: revenue $7.1M (+16% year over year), operating margin -13.0%, net loss $962K, operating cash flow $2.1M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 29.8% | 16.6% | +13.2 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Patient Income | $4.1M | $4.9M | −$810K | -17% |
| Rental Income from Medical Services | $3.0M | $2.9M | $166K | +6% |
| Revenue | $7.1M | $7.7M | −$644K | -8% |
| Other income, net | $54K | $196K | −$142K | -72% |
| Net loss | $962K | $1.0M | −$46K | -5% |
| Costs & expenses | $8.1M | $9.1M | −$1.0M | -11% |
| Operating costs | $8.0M | $9.1M | −$1.1M | -12% |
| Income tax | $92K | −$197K | $289K | — |
| Cost of revenue | $5.8M | $6.8M | −$1.0M | -15% |
| SG&A | $1.9M | $2.0M | −$76K | -4% |
| Other operating costs | $302K | $321K | −$19K | -6% |
| Operating cash sources | $3.1M | $304K | $2.8M | +923% |
| Depreciation & amortization | $1.3M | $1.3M | −$9K | -0.7% |
| Share-based compensation | $101K | $100K | $1K | +1% |
| Working capital & other | $1.7M | −$1.1M | $2.8M | — |
| Net loss absorbed | $962K | $1.0M | −$46K | -5% |
| Operating cash flow | $2.1M | −$704K | $2.9M | — |
| Free cash flow (OCF − capex) | $2.1M | $1.3M | $828K | +65% |
| Capital expenditures | $41K | −$2.0M | $2.0M | — |
Questions
How much did American Shared Hospital Services's revenue grow quarter over quarter in Q1 2026?
American Shared Hospital Services's revenue fell $644K (-8%) from $7.7M in Q4 2025 to $7.1M in Q1 2026.
What drove American Shared Hospital Services's revenue change in Q1 2026?
Patient Income −$810K (-17%); Rental Income from Medical Services +$166K (+6%).