Bluerock Homes Trust (BHM) Operating Expenses (2021 - 2026)
Bluerock Homes Trust (BHM) reported Operating Expenses of $9.1 million for Q1 2026, down 59.22% on a YoY basis from $22.3 million in Q1 2025, and up 236.33% sequentially from $2.7 million in Q4 2025.
Bluerock Homes Trust (BHM) Operating Expenses (2021 - 2026) Analysis & Trends
Bluerock Homes Trust (BHM) has 6 years of Operating Expenses data on file, last reported at $9.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 59.22% year-over-year to $9.1 million; the trailing twelve-month figure through Mar 2026 stood at $23.1 million (down 37.8% YoY), and the FY2025 full-year result was $90.2 million, up 30.82% from the prior year.
- Operating Expenses advanced to $9.1 million in Q1 2026, from $2.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $22.3 million in Q1 2025 to a low of $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.
- Peak annual rise in Operating Expenses reached 199.13% in 2022, while the deepest fall reached 71.56% in 2022.
- Tracing BHM's Operating Expenses over 5 years: stood at $1.8 million in 2022, then declined by 27.78% to $1.3 million in 2023, then soared by 92.31% to $2.5 million in 2024, then increased by 8.0% to $2.7 million in 2025, then jumped by 236.33% to $9.1 million in 2026.
- Business Quant data shows BHM's Operating Expenses at $9.1 million in Q1 2026, $2.7 million in Q4 2025, and $8.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.63 Bn | 26.85 Bn | - | 623.23 Mn |
| 2 | Equity Residential | 25.81 Bn | 26.00 Bn | - | -1.66 Bn |
| 3 | Invitation Homes | 17.83 Bn | 17.87 Bn | 694.98 Mn | 654.71 Mn |
| 4 | Mid America Apartment Communities | 15.53 Bn | 15.53 Bn | 537.05 Mn | 205.74 Mn |
| 5 | Sun Communities | 14.72 Bn | 14.83 Bn | 491.20 Mn | 484.40 Mn |
| 6 | Udr | 12.95 Bn | 12.92 Bn | 416.43 Mn | 353.46 Mn |
| 7 | Equity Lifestyle Properties | 12.81 Bn | 12.87 Bn | 378.95 Mn | 285.25 Mn |
| 8 | American Homes 4 Rent | 12.07 Bn | 12.74 Bn | - | 401.95 Mn |
| 9 | Camden Property Trust | 11.83 Bn | 11.90 Bn | - | 140.07 Mn |
| 10 | Bluerock Homes Trust | 33.72 Mn | 105.71 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 | 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 |