Avalonbay Communities (AVB) Operating Expenses (2009 - 2026)
Avalonbay Communities' (AVB) quarterly Operating Expenses came in at $636.0 million in Q2 2026, up 6.03% on a YoY basis from $599.8 million in Q2 2025, and up 2.06% quarter-over-quarter from $623.2 million in Q1 2026.
Analysis
Avalonbay Communities (AVB) Operating Expenses (2009 - 2026) Analysis & Trends
Avalonbay Communities (AVB) has reported Operating Expenses for 18 consecutive years, with $636.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 6.03% year-over-year to $636.0 million; the trailing twelve-month figure through Jun 2026 stood at $2.5 billion (up 6.88% YoY), and the FY2025 full-year result was $2.4 billion, up 6.52% from the prior year.
- Operating Expenses rose to $636.0 million in Q2 2026 per AVB's latest filing, from $623.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $636.0 million in Q2 2026 and bottomed at $498.8 million in Q1 2022.
- Historically, Operating Expenses has averaged $560.2 million across 5 years, with a median of $548.0 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses gained 1.35% in 2023, then gained 9.93% in 2025.
- Over 5 years, Operating Expenses stood at $521.3 million in 2022, then rose by 3.47% to $539.4 million in 2023, then gained by 8.45% to $585.0 million in 2024, then climbed by 4.09% to $608.9 million in 2025, then climbed by 4.46% to $636.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $636.0 million, $623.2 million, and $608.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.37 Bn | 24.37 Bn | - | 566.18 Mn |
| 2 | Invitation Homes | 16.34 Bn | 16.34 Bn | 705.34 Mn | 657.51 Mn |
| 3 | Mid America Apartment Communities | 14.46 Bn | 14.33 Bn | 537.17 Mn | 218.72 Mn |
| 4 | Sun Communities | 14.11 Bn | 14.11 Bn | 460.10 Mn | 434.40 Mn |
| 5 | Equity Lifestyle Properties | 11.69 Bn | 11.69 Bn | 375.97 Mn | 298.46 Mn |
| 6 | American Homes 4 Rent | 11.38 Bn | 11.38 Bn | - | 397.77 Mn |
| 7 | Udr | 11.36 Bn | 11.36 Bn | 412.43 Mn | 345.25 Mn |
| 8 | Camden Property Trust | 10.49 Bn | 10.49 Bn | - | 140.94 Mn |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | 636.04 Mn |
| 10 | Independence Realty Trust | 3.59 Bn | 3.59 Bn | - | 141.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 636.04 Mn |
| Mar 31, 2026 | 623.23 Mn |
| Dec 31, 2025 | 608.86 Mn |
| Sep 30, 2025 | 612.43 Mn |
| Jun 30, 2025 | 599.85 Mn |
| Mar 31, 2025 | 571.14 Mn |
| Dec 31, 2024 | 584.96 Mn |
| Sep 30, 2024 | 565.01 Mn |
| Jun 30, 2024 | 545.66 Mn |
| Mar 31, 2024 | 550.24 Mn |
| Dec 31, 2023 | 539.37 Mn |
| Sep 30, 2023 | 545.76 Mn |
| Jun 30, 2023 | 515.90 Mn |
| Mar 31, 2023 | 529.33 Mn |
| Dec 31, 2022 | 521.27 Mn |
| Sep 30, 2022 | 527.39 Mn |
| Jun 30, 2022 | 509.01 Mn |
| Mar 31, 2022 | 498.77 Mn |
| Dec 31, 2021 | 481.63 Mn |
| Sep 30, 2021 | 508.37 Mn |