---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-270069"
form_type: "8-K"
ticker: "AHR"
cik: "0001632970"
company_name: "American Healthcare REIT, Inc."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:43:37.768735+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# American Healthcare REIT Q3 2025: GAAP EPS $0.33, NFFO $0.44, raises FY guidance

## Summary
- GAAP net income $55.9M ($0.33/share); NFFO $0.44/share.
- Total portfolio same-store NOI growth 16.4% YoY; SHOP +25.3%, ISHC +21.7%.
- Raised FY2025 NFFO guidance to $1.69-$1.72 (from $1.64-$1.68) and SS NOI growth to 13-15%.
- Q3 acquisitions $210.8M; year-to-date over $575M; subsequent to Q3, $274M in SHOP acquisitions.
- Net Debt-to-EBITDA improved to 3.5x from 3.7x; issued ~$244M equity in Q3.

## SEC filing metadata
- accession: 0001193125-25-270069
- form_type: 8-K
- ticker: AHR
- cik: 0001632970
- company_name: American Healthcare REIT, Inc.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1632970/000119312525270069/0001193125-25-270069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1632970/000119312525270069/d20290d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-270069
- JSON: https://secwatch.observer/filing/0001193125-25-270069.json
- Plain text: https://secwatch.observer/filing/0001193125-25-270069.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.