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
DateValue
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