Bluerock Homes Trust (BHM) Operating Expenses (2021 - 2026)
Bluerock Homes Trust's (BHM) quarterly Operating Expenses came in at $9.1 million in Q1 2026, up 18.67% year-on-year from $7.7 million in Q1 2025, and up 236.33% quarter-over-quarter from $2.7 million in Q4 2025.
Bluerock Homes Trust (BHM) Operating Expenses (2021 - 2026) Analysis & Trends
Bluerock Homes Trust has disclosed Operating Expenses across 6 years of filings, most recently posting $9.1 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $9.1 million, up 18.67% year-over-year; the trailing twelve-month figure through Mar 2026 was $36.7 million (down 17.08% YoY), and the FY2025 annual result was $33.2 million, down 51.85% from the prior year.
- Operating Expenses came in at $9.1 million for Q1 2026 at Bluerock Homes Trust, up from $2.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $22.3 million in Q3 2025 to a low of $1.3 million in Q4 2023.
- The 5-year median for Operating Expenses is $4.8 million (2023), against an average of $7.6 million.
- Across the five-year window, Operating Expenses soared 453.62% in 2022 and sank 84.28% in 2025, its largest moves.
- Bluerock Homes Trust's Operating Expenses stood at $4.4 million in 2022, then tumbled by 70.72% to $1.3 million in 2023, then jumped by 92.31% to $2.5 million in 2024, then rose by 8.0% to $2.7 million in 2025, then surged by 236.33% to $9.1 million in 2026.
- The last three Operating Expenses figures came in at $9.1 million (Q1 2026), $2.7 million (Q4 2025), and $22.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.07 Bn | 26.30 Bn | - | 623.23 Mn |
| 2 | Equity Residential | 25.74 Bn | 25.88 Bn | - | -1.66 Bn |
| 3 | Invitation Homes | 18.06 Bn | 18.09 Bn | 694.98 Mn | 654.71 Mn |
| 4 | Mid America Apartment Communities | 16.23 Bn | 16.31 Bn | 537.05 Mn | 205.74 Mn |
| 5 | Sun Communities | 15.28 Bn | 15.39 Bn | 491.20 Mn | 484.40 Mn |
| 6 | American Homes 4 Rent | 14.08 Bn | 14.65 Bn | - | 384.36 Mn |
| 7 | Udr | 12.84 Bn | 12.84 Bn | 416.43 Mn | 353.46 Mn |
| 8 | Equity Lifestyle Properties | 12.25 Bn | 12.31 Bn | 393.79 Mn | 285.25 Mn |
| 9 | Camden Property Trust | 12.08 Bn | 12.15 Bn | - | 140.07 Mn |
| 10 | Bluerock Homes Trust | 39.02 Mn | 154.08 Mn | - | 9.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.08 Mn |
| Dec 31, 2025 | 2.70 Mn |
| Sep 30, 2025 | 22.28 Mn |
| Jun 30, 2025 | 2.60 Mn |
| Mar 31, 2025 | 7.65 Mn |
| Dec 31, 2024 | 2.50 Mn |
| Sep 30, 2024 | 17.52 Mn |
| Jun 30, 2024 | 16.54 Mn |
| Mar 31, 2024 | 5.01 Mn |
| Dec 31, 2023 | 1.30 Mn |
| Sep 30, 2023 | 5.09 Mn |
| Jun 30, 2023 | 13.78 Mn |
| Mar 31, 2023 | 4.56 Mn |
| Sep 30, 2022 | 4.44 Mn |
| Jun 30, 2022 | 3.77 Mn |
| Mar 31, 2022 | 2.78 Mn |
| Dec 31, 2021 | 6.33 Mn |
| Sep 30, 2021 | 802,000.00 |