Equity Lifestyle Properties (ELS) Cost of Revenue (2009 - 2026)
Equity Lifestyle Properties (ELS) posted quarterly Cost of Revenue of $21.8 million for Q2 2026, up 5.41% year-over-year from $20.7 million in Q2 2025, and up 17.0% quarter-over-quarter from $18.7 million in Q1 2026.
Equity Lifestyle Properties (ELS) Cost of Revenue (2009 - 2026) Analysis & Trends
Equity Lifestyle Properties (ELS) has reported Cost of Revenue for 18 consecutive years, with $21.8 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Cost of Revenue rose 5.41% year-over-year to $21.8 million; the TTM figure through Jun 2026 stood at $80.1 million (up 5.03% YoY), while the FY2025 annual figure was $80.8 million, down 4.7% from the prior year.
- Cost of Revenue rose to $21.8 million in Q2 2026 per ELS's latest filing, from $18.7 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $41.0 million in Q2 2022 and bottomed at $13.1 million in Q4 2024.
- Historically, Cost of Revenue has averaged $25.2 million across 5 years, with a median of $22.0 million in 2024.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 62.9% — and 2024, when it plunged 39.86%.
- Equity Lifestyle Properties' Cost of Revenue stood at $27.1 million in 2022, then decreased by 19.65% to $21.8 million in 2023, then slumped by 39.86% to $13.1 million in 2024, then surged by 47.71% to $19.4 million in 2025, then gained by 12.87% to $21.8 million in 2026.
- Business Quant data shows ELS's Cost of Revenue at $21.8 million in Q2 2026, $18.7 million in Q1 2026, and $19.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | - |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.81 Bn | 17.81 Bn | 705.34 Mn | 42.22 Mn |
| 4 | Mid America Apartment Communities | 15.25 Bn | 15.12 Bn | 537.17 Mn | 17.96 Mn |
| 5 | Sun Communities | 14.88 Bn | 14.88 Bn | 460.10 Mn | 24.50 Mn |
| 6 | Equity Lifestyle Properties | 12.64 Bn | 12.64 Bn | 375.97 Mn | 21.85 Mn |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | 161.94 Mn |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | 12.97 Mn |
| 9 | Camden Property Trust | 10.98 Bn | 10.98 Bn | - | - |
| 10 | Millrose Properties | 5.05 Bn | 5.05 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.85 Mn |
| Jun 30, 2026 | 21.85 Mn |
| Mar 31, 2026 | 18.67 Mn |
| Mar 31, 2026 | 18.67 Mn |
| Dec 31, 2025 | 19.35 Mn |
| Dec 31, 2025 | 19.35 Mn |
| Sep 30, 2025 | 20.28 Mn |
| Sep 30, 2025 | 20.28 Mn |
| Jun 30, 2025 | 20.72 Mn |
| Jun 30, 2025 | 20.72 Mn |
| Mar 31, 2025 | 20.43 Mn |
| Mar 31, 2025 | 20.43 Mn |
| Dec 31, 2024 | 13.10 Mn |
| Dec 31, 2024 | 13.10 Mn |
| Sep 30, 2024 | 22.05 Mn |
| Sep 30, 2024 | 22.05 Mn |
| Jun 30, 2024 | 27.65 Mn |
| Jun 30, 2024 | 27.65 Mn |
| Mar 31, 2024 | 21.97 Mn |
| Mar 31, 2024 | 21.97 Mn |