American Healthcare REIT posted GAAP net income attributable to controlling interest of USD 30.6 million, or USD 0.16 per diluted share, for Q2 2026.
Revenue rose 24.29% to USD 674.25 million, while property operating expenses climbed 23.12% to USD 524.84 million.
Same-store NOI growth reached 13.2% year over year, led by SHOP at 20.5% and ISHC at 16.1%.
The company completed about USD 126.9 million of SHOP acquisitions in Q2 and improved net debt-to-annualized adjusted EBITDA to 2.5x from 3.0x at March 31, 2026.
Raised full-year 2026 guidance for normalized FFO per diluted share to USD 2.15-USD 2.19; lifted total portfolio same-store NOI growth view to 11%-13%.