Bluerock Homes Trust (BHM) Operating Expenses (2021 - 2026)
Bluerock Homes Trust (BHM) posted Operating Expenses of $9.1 million for Q1 2026, up 236.33% sequentially from $2.7 million in Q4 2025, and down 59.22% YoY from $22.3 million in Q1 2025.
Bluerock Homes Trust (BHM) Operating Expenses (2021 - 2026) Analysis & Trends
Bluerock Homes Trust has reported Operating Expenses for 6 years, with the latest figure at $9.1 million in Q1 2026.
- Quarterly Operating Expenses fell 59.22% year-over-year to $9.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $23.1 million (down 37.8% YoY) and the FY2025 annual result came in at $90.2 million, up 30.82% from the prior year.
- Operating Expenses advanced to $9.1 million in Q1 2026 per BHM's latest filing, from $2.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $22.3 million in Q1 2025 and troughed at $1.3 million in Q4 2023.
- A 5-year average of $7.5 million and a median of $6.0 million in 2024 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 199.13% in 2022, down 71.56% in 2022.
- Over 5 years, Operating Expenses stood at $1.8 million in 2022, then decreased by 27.78% to $1.3 million in 2023, then soared by 92.31% to $2.5 million in 2024, then advanced by 8.0% to $2.7 million in 2025, then jumped by 236.33% to $9.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $9.1 million, $2.7 million, and $8.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 636.04 Mn |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 566.18 Mn |
| 3 | Invitation Homes | 17.95 Bn | 17.95 Bn | 705.34 Mn | 657.51 Mn |
| 4 | Mid America Apartment Communities | 15.37 Bn | 15.25 Bn | 537.17 Mn | 218.72 Mn |
| 5 | Sun Communities | 14.95 Bn | 14.95 Bn | 460.10 Mn | 434.40 Mn |
| 6 | Equity Lifestyle Properties | 12.69 Bn | 12.69 Bn | 375.97 Mn | 298.46 Mn |
| 7 | American Homes 4 Rent | 12.40 Bn | 12.40 Bn | - | 397.77 Mn |
| 8 | Udr | 12.18 Bn | 12.18 Bn | 412.43 Mn | 345.25 Mn |
| 9 | Camden Property Trust | 11.06 Bn | 11.06 Bn | - | 140.94 Mn |
| 10 | Bluerock Homes Trust | 34.90 Mn | -192.77 Mn | - | 25.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.45 Mn |
| Mar 31, 2026 | 9.08 Mn |
| Dec 31, 2025 | 2.70 Mn |
| Sep 30, 2025 | 8.73 Mn |
| Jun 30, 2025 | 2.60 Mn |
| Mar 31, 2025 | 22.27 Mn |
| Dec 31, 2024 | 2.50 Mn |
| Sep 30, 2024 | 6.43 Mn |
| Jun 30, 2024 | 5.95 Mn |
| Mar 31, 2024 | 15.09 Mn |
| Dec 31, 2023 | 1.30 Mn |
| Sep 30, 2023 | 5.09 Mn |
| Jun 30, 2023 | 4.58 Mn |
| Mar 31, 2023 | 14.98 Mn |
| Dec 31, 2022 | 1.80 Mn |
| Sep 30, 2022 | 11.00 Mn |
| Jun 30, 2022 | 3.77 Mn |
| Mar 31, 2022 | 9.53 Mn |
| Dec 31, 2021 | 6.33 Mn |
| Sep 30, 2021 | 3.68 Mn |