Global Medical REIT Inc. (GMRE) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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GMRE Revenue Growth
GMRE Revenue Analysis (2013–2024)
As of May 7, 2026, Global Medical REIT Inc. (GMRE) generated trailing twelve-month (TTM) revenue of $148.0 million, reflecting strong growth of +18.7% year-over-year. The most recent quarter (Q3 2025) recorded $40.6 million in revenue, up 7.1% sequentially.
Looking at the longer-term picture, GMRE's 5-year compound annual growth rate (CAGR) stands at +14.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $140.9 million in 2023.
When compared to Real Estate sector peers including CHCT (+5.0% YoY), NXRT (-0.7% YoY), and PLYM (-5.0% YoY), GMRE has outperformed the peer group in terms of revenue growth. Compare GMRE vs CHCT →
GMRE Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GMRECurrent | $148M | +18.7% | +14.4% | 23.6% | |
 CHCT | $121M | +5.0% | +9.9% | 16.7% | |
 NXRT | $251M | -0.7% | +4.2% | 11.1% | |
 PLYM | $198M | -5.0% | +21.4% | 18.2% | |
 HR | $1.2B | -7.4% | +9.9% | 8.0% | |
 DOC | $2.8B | +2.7% | +11.4% | 19.3% |
GMRE Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $138.4M | -1.8% | $109.2M | 78.9% | $32.7M | 23.6% |
| 2023 | $140.9M | +2.7% | $112.9M | 80.1% | $37.9M | 26.9% |
| 2022 | $137.2M | +18.4% | $112.0M | 81.6% | $38.7M | 28.2% |
| 2021 | $115.8M | +23.8% | $100.3M | 86.6% | $37.0M | 31.9% |
| 2020 | $93.5M | +32.2% | $82.7M | 88.4% | $0 | - |
| 2019 | $70.7M | +33.0% | $64.2M | 90.8% | $49.9M | 70.6% |
| 2018 | $53.2M | +76.0% | $49.5M | 93.0% | $22.2M | 41.8% |
| 2017 | $30.2M | +274.1% | $28.4M | 93.8% | $7.3M | 24.3% |
| 2016 | $8.1M | +291.9% | $6.6M | 82.3% | $-2,214,842 | -27.4% |
| 2015 | $2.1M | +442.0% | $1.0M | 50.5% | $-1,524,812 | -74.0% |
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Start ComparisonGMRE — Frequently Asked Questions
Quick answers to the most common questions about buying GMRE stock.
Is GMRE's revenue growth accelerating or slowing?
GMRE revenue is accelerating at +18.7% year-over-year, exceeding the 5-year CAGR of +14.4%. TTM revenue reached $148M. Growth momentum has increased versus prior periods.
What is GMRE's long-term revenue growth rate?
Global Medical REIT Inc.'s 5-year revenue CAGR of +14.4% reflects the sustained expansion pattern. Current YoY growth of +18.7% is above this long-term average.
How is GMRE's revenue distributed by segment?
GMRE reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.