Apartment Investment & Management (AIV) Operating Expenses (2009 - 2025)

Apartment Investment & Management has disclosed Operating Expenses across 12 years of filings, most recently posting $131.1 million for Q4 2025.

• Operating Expenses for Q4 2025 came in at $131.1 million, up 181.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $276.5 million (up 54.42% YoY), and the FY2025 annual result was $308.1 million, up 73.05% from the prior year.
• Operating Expenses came in at $131.1 million for Q4 2025 at Apartment Investment & Management, up from $98.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $131.1 million in Q4 2025 to a low of $12.4 million in Q4 2023.
• The 5-year median for Operating Expenses is $47.1 million (2024), against an average of $55.2 million.
• Across the five-year window, Operating Expenses plunged 70.04% in 2023 and jumped 276.27% in 2024, its largest moves.
• Apartment Investment & Management's Operating Expenses stood at $48.3 million in 2021, then fell by 14.4% to $41.4 million in 2022, then slumped by 70.04% to $12.4 million in 2023, then surged by 276.27% to $46.6 million in 2024, then soared by 181.11% to $131.1 million in 2025.
• The last three Operating Expenses figures came in at $131.1 million (Q4 2025), $98.0 million (Q3 2025), and $47.4 million (Q2 2025), per Business Quant data.