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How American Shared Hospital Services (AMS) makes money

American Shared Hospital Services (AMS) made $8.4M of revenue in the second quarter 2026 (Q2 2026), +19% from a year earlier. Patient Income brought in $4.9M (58%); Rental Income from Medical Services brought in $3.5M (42%).

Drawing the Sankey…

American Shared Hospital Services revenue by segment, Q2 2026American Shared Hospital Services revenue by segment, Q2 2026Patient Income$4.9MRental Income from Medical Servic…$3.5M
American Shared Hospital Services: revenue by line, Q4 2024 to Q2 2026American Shared Hospital Services: revenue by line, Q4 2024 to Q2 2026Patient IncomeRental Income from Me…Equipment SalesPatient Income: $4.9M latest$4.9MRental Income from Medical Services: $3.5M latest$3.5MEquipment Sales: $0 latestQ4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Patient Income went from 52% of revenue in Q4 2024 to 58% in Q2 2026, the largest shift in the mix.
American Shared Hospital Services revenue by quarterAmerican Shared Hospital Services revenue by quarter$9.1MQ4 2024$6.1MQ1 2025$7.1MQ2 2025$7.2MQ3 2025$7.7MQ4 2025$7.1MQ1 2026$8.4MQ2 2026
American Shared Hospital Services: where each dollar of revenue goesAmerican Shared Hospital Services: where each dollar of revenue goesIncome tax2¢Operating cash flow27¢Free cash flow26¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Patient Income$4.9M57.9%+20%+40%
Rental Income from Medical Services$3.5M42.1%+17%-0.7%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$8.4M100.0%
Income tax$135K1.6%
Operating cash flow$2.2M26.5%
Free cash flow$2.2M25.8%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$8.4M+19%
Q1 2026$7.1M+16%
Q4 2025$7.7M-15%
Q3 2025$7.2M+2%
Q2 2025$7.1M+0.2%
Q1 2025$6.1M+17%
Q4 2024$9.1M+59%

From American Shared Hospital Services' 10-Q filed Aug 13, 2026 (on EDGAR).

Questions

How does American Shared Hospital Services make money?

American Shared Hospital Services (AMS) made $8.4M of revenue in the second quarter 2026 (Q2 2026), +19% from a year earlier. Patient Income brought in $4.9M (58%); Rental Income from Medical Services brought in $3.5M (42%).

What is American Shared Hospital Services' biggest business?

Patient Income: $4.9M in the second quarter 2026, 58% of revenue, +40% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.