Apartment Investment & Management AIV
NYSE AIV
$2.46 -0.02 (-0.60%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Apartment Investment & Management's (AIV) quarterly Operating Expenses came in at $131.1 million in Q4 2025, up 181.11% year-over-year from $46.6 million in Q4 2024, and up 33.79% quarter-over-quarter from $98.0 million in Q3 2025.

Analysis

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

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

  • In Q4 2025, Operating Expenses rose 181.11% year-over-year to $131.1 million; the TTM figure through Dec 2025 stood at $295.0 million (up 51.36% YoY), while the FY2025 annual figure 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.
  • Average Operating Expenses over 5 years is $54.4 million, with a median of $46.7 million recorded in 2024.
  • Year-over-year, Operating Expenses tumbled 70.04% in 2023 and surged 276.27% in 2024.
  • Over 5 years, Operating Expenses stood at $48.3 million in 2021, then fell by 14.4% to $41.4 million in 2022, then plunged 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.
  • Per Business Quant data, the three most recent Operating Expenses figures were $131.1 million in Q4 2025, $98.0 million in Q3 2025, and $32.5 million in Q2 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vivmark Residential 24.50 Bn 24.69 Bn - 566.18 Mn
2 Invitation Homes 16.77 Bn 16.81 Bn 705.34 Mn 657.51 Mn
3 Mid America Apartment Communities 14.88 Bn 14.89 Bn 537.17 Mn 218.72 Mn
4 Sun Communities 14.62 Bn 14.69 Bn 460.10 Mn 434.40 Mn
5 Equity Lifestyle Properties 12.11 Bn 12.17 Bn 375.97 Mn 298.46 Mn
6 Udr 11.68 Bn 12.58 Bn 412.43 Mn 345.25 Mn
7 American Homes 4 Rent 11.67 Bn 12.34 Bn - 397.77 Mn
8 Camden Property Trust 10.63 Bn 10.70 Bn - 140.94 Mn
9 Avalonbay Communities 9.67 Bn 9.87 Bn - 636.04 Mn
10 Apartment Investment & Management 366.85 Mn 288.12 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 131.13 Mn
Sep 30, 2025 98.01 Mn
Jun 30, 2025 32.48 Mn
Mar 31, 2025 33.37 Mn
Dec 31, 2024 46.65 Mn
Sep 30, 2024 46.78 Mn
Jun 30, 2024 52.24 Mn
Mar 31, 2024 49.22 Mn
Dec 31, 2023 12.40 Mn
Sep 30, 2023 44.33 Mn
Jun 30, 2023 43.70 Mn
Mar 31, 2023 42.18 Mn
Dec 31, 2022 41.39 Mn
Sep 30, 2022 113.70 Mn
Jun 30, 2022 63.53 Mn
Mar 31, 2022 51.81 Mn
Dec 31, 2021 48.35 Mn
Sep 30, 2021 48.73 Mn
Jun 30, 2021 44.43 Mn
Mar 31, 2021 43.97 Mn