# AH Realty Trust, Inc.: overview

AHRT · NYSE · CIK 1569187 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ahrt.md) · [Financials](/companies/ahrt/financials.md) · [Filings](/companies/ahrt/filings.md) · [Insiders](/companies/ahrt/insiders.md)

Latest reported revenue: [$52.5m](/filings/0001569187-26-000142.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:Revenues, accession 0001569187-26-000142).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [114](/filings/0001569187-25-000180.md) | [49.5](/filings/0001569187-26-000071.md) | [46.6](/filings/0001569187-25-000070.md) | [32.0](/filings/0001569187-25-000159.md) | [23.2](/filings/0001569187-25-000180.md) | [55.9](/filings/0001569187-26-000071.md) | [52.3](/filings/0001569187-26-000071.md) | [52.5](/filings/0001569187-26-000142.md) |
| Gross margin | % | [45.0%](/filings/0001569187-24-000159.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [12.0%](/filings/0001569187-26-000071.md) | [59.6%](/filings/0001569187-26-000071.md) | [16.9%](/filings/0001569187-26-000071.md) | [42.6%](/filings/0001569187-26-000142.md) | [48.0%](/filings/0001569187-26-000071.md) | [28.5%](/filings/0001569187-26-000071.md) | [22.2%](/filings/0001569187-26-000071.md) | [18.6%](/filings/0001569187-26-000142.md) |
| Net margin | % | [(4.4%)](/filings/0001569187-25-000180.md) | [58.6%](/filings/0001569187-26-000071.md) | [(6.0%)](/filings/0001569187-26-000071.md) | [18.6%](/filings/0001569187-26-000142.md) | [0.3%](/filings/0001569187-25-000180.md) | [4.1%](/filings/0001569187-26-000071.md) | [(44.3%)](/filings/0001569187-26-000071.md) | [(29.8%)](/filings/0001569187-26-000142.md) |
| Diluted EPS | $ per share | [(0.12)](/filings/0001569187-26-000071.md) | [0.26](/filings/0001569187-26-000071.md) | [(0.07)](/filings/0001569187-26-000071.md) | [0.04](/filings/0001569187-26-000142.md) | [(0.04)](/filings/0001569187-26-000071.md) | [(0.01)](/filings/0001569187-26-000071.md) | [(0.33)](/filings/0001569187-26-000071.md) | [(0.25)](/filings/0001569187-26-000142.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [91.9](/filings/0001569187-24-000012.md) | [235](/filings/0001569187-25-000016.md) | [413](/filings/0001569187-25-000016.md) | [433](/filings/0001569187-25-000016.md) | [210](/filings/0001569187-26-000071.md) |
| Gross margin | % | [155.4%](/filings/0001569187-24-000012.md) | [71.2%](/filings/0001569187-24-000012.md) | [44.5%](/filings/0001569187-24-000012.md) | not reported | not reported |
| Operating margin | % | [64.3%](/filings/0001569187-24-000012.md) | [57.2%](/filings/0001569187-25-000016.md) | [14.8%](/filings/0001569187-26-000021.md) | [13.7%](/filings/0001569187-26-000071.md) | [23.1%](/filings/0001569187-26-000071.md) |
| Net margin | % | [23.8%](/filings/0001569187-24-000012.md) | [31.8%](/filings/0001569187-25-000016.md) | [2.0%](/filings/0001569187-26-000021.md) | [8.2%](/filings/0001569187-26-000021.md) | [2.7%](/filings/0001569187-26-000021.md) |
| Diluted EPS | $ per share | [0.17](/filings/0001569187-24-000012.md) | [0.94](/filings/0001569187-25-000016.md) | [(0.05)](/filings/0001569187-26-000021.md) | [0.34](/filings/0001569187-26-000071.md) | [(0.08)](/filings/0001569187-26-000071.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ahrt/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $48.3m | 6,827,404 |  | Reduced −19,366 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $28.7m | 4,057,875 |  | Added +23,727 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $24.0m | 3,390,281 |  | Reduced −103,821 |
| [MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.](/funds/1705339.md) | 2026-06-30 | $22.0m | 3,108,586 |  | Added +101,907 |
| [Irenic Capital Management LP](/funds/1929389.md) | 2026-06-30 | $20.7m | 2,918,328 |  | Reduced −567,315 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $16.1m | 2,271,422 |  | Added +160,174 |
| [FRANKLIN RESOURCES INC](/funds/38777.md) | 2026-06-30 | $15.5m | 2,196,096 |  | Added +14,946 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $13.4m | 1,892,577 |  | Added +11,310 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $13.1m | 1,812,598 |  | Reduced −280,101 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $11.0m | 1,549,569 |  | Added +203,659 |

## Recent filings

[All 859 filings](/companies/ahrt/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-16 | 20:03 ET | [8-K](/filings/0001569187-26-000146.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001569187-26-000146 |
| 2026-08-06 | 20:13 ET | [10-Q](/filings/0001569187-26-000142.md) | Quarterly report, period 2026-06-30 | 0001569187-26-000142 |
| 2026-08-03 | 20:06 ET | [8-K](/filings/0001569187-26-000138.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001569187-26-000138 |
| 2026-06-22 | 21:22 ET | [8-K](/filings/0001569187-26-000095.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001569187-26-000095 |
| 2026-06-01 | 20:05 ET | [8-K](/filings/0001569187-26-000082.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001569187-26-000082 |
| 2026-05-22 | 20:58 ET | [8-K](/filings/0001569187-26-000079.md) | 2.01 Completion of an acquisition or disposition; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001569187-26-000079 |
| 2026-05-13 | 21:27 ET | [8-K](/filings/0001569187-26-000076.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001569187-26-000076 |
| 2026-05-07 | 21:09 ET | [10-Q](/filings/0001569187-26-000071.md) | Quarterly report, period 2026-03-31 | 0001569187-26-000071 |
| 2026-05-04 | 20:04 ET | [8-K](/filings/0001569187-26-000067.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001569187-26-000067 |
| 2026-04-30 | 21:00 ET | [DEF 14A](/filings/0001569187-26-000061.md) | Proxy statement, period 2026-06-17 | 0001569187-26-000061 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001569187-26-000019.md), filed Feb 26, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/426d73e6-2fac-4f15-a332-3ed5856c7780)

## About the filer

- CIK: 1569187
- Tickers: AHRT, AHRT-PA
- Exchange: NYSE
- SIC code: 6500 Real Estate
- State of incorporation: MD
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:43 ET. No prices; not investment advice.