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.

• Operating Expenses for Q1 2026 came in at $654.7 million, up 13.71% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.4 billion (up 3.09% YoY), and the FY2025 annual result was $2.3 billion, up 0.64% from the prior year.
• Operating Expenses advanced to $654.7 million in Q1 2026 per INVH's latest filing, from $589.1 million in the prior quarter.
• Over five years, Operating Expenses peaked at $654.7 million in Q1 2026 and troughed at $452.6 million in Q1 2022.
• A 5-year average of $548.1 million and a median of $554.4 million in 2024 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2025 and 2026: Operating Expenses dropped 4.41% in 2025, then advanced 13.71% in 2026.
• A 5-year view of Operating Expenses shows it stood at $496.9 million in 2022, then gained by 9.18% to $542.5 million in 2023, then climbed by 13.61% to $616.3 million in 2024, then declined by 4.41% to $589.1 million in 2025, then increased by 11.14% to $654.7 million in 2026.
• Business Quant data shows INVH's Operating Expenses at $654.7 million in Q1 2026, $589.1 million in Q4 2025, and $597.2 million in Q3 2025.