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

Invitation Homes (INVH) has reported Operating Expenses for 11 consecutive years, with $657.5 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 13.44% year-over-year to $657.5 million in Q2 2026; TTM through Jun 2026 was $2.5 billion, a 5.76% increase from a year earlier, with the FY2025 full-year figure at $2.3 billion, up 0.64% from the prior year.
• Operating Expenses was $657.5 million for Q2 2026 at Invitation Homes, roughly flat from $654.7 million in the prior quarter.
• Over five years, Operating Expenses peaked at $657.5 million in Q2 2026 and troughed at $452.6 million in Q1 2022.
• A 5-year average of $554.1 million and a median of $559.8 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses slipped 4.41% in 2025 and gained 13.71% in 2026, its largest moves.
• Over 5 years, Operating Expenses stood at $496.9 million in 2022, then rose by 9.18% to $542.5 million in 2023, then advanced by 13.61% to $616.3 million in 2024, then dropped by 4.41% to $589.1 million in 2025, then climbed by 11.62% to $657.5 million in 2026.
• The last three Operating Expenses figures came in at $657.5 million (Q2 2026), $654.7 million (Q1 2026), and $589.1 million (Q4 2025), per Business Quant data.