Invitation Homes (INVH) Operating Expenses (2016 - 2026)

Invitation Homes (INVH) has 11 years of Operating Expenses data on file, last reported at $654.7 million in Q1 2026.

• On a quarterly basis, Operating Expenses rose 13.71% year-over-year to $654.7 million in Q1 2026; TTM through Mar 2026 was $2.4 billion, a 3.09% increase from a year earlier, with the FY2025 full-year figure at $2.3 billion, up 0.64% from the prior year.
• Operating Expenses for Q1 2026 stood at $654.7 million, up from $589.1 million in the prior quarter.
• Over the last five years, Operating Expenses for INVH reached as high as $654.7 million in Q1 2026 and fell as low as $452.6 million in Q1 2022.
• Historically, Operating Expenses has averaged $548.1 million across 5 years, with a median of $554.4 million in 2024.
• Across the five-year window, Operating Expenses decreased 4.41% in 2025 and rose 13.71% in 2026, its largest moves.
• Year by year, Operating Expenses stood at $496.9 million in 2022, then grew by 9.18% to $542.5 million in 2023, then rose by 13.61% to $616.3 million in 2024, then decreased by 4.41% to $589.1 million in 2025, then advanced by 11.14% to $654.7 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $654.7 million in Q1 2026, $589.1 million in Q4 2025, and $597.2 million in Q3 2025.