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.

• Quarterly Operating Expenses rose 13.71% year-over-year to $654.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.4 billion (up 3.09% YoY) and the FY2025 annual result came in at $2.3 billion, up 0.64% from the prior year.
• Operating Expenses climbed to $654.7 million in Q1 2026 per INVH's latest filing, from $589.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at $654.7 million in Q1 2026 and bottomed at $452.6 million in Q1 2022.
• The 5-year median for Operating Expenses is $554.4 million (2024), against an average of $548.1 million.
• The widest annual swing landed in 2025, when Operating Expenses decreased 4.41%; it then rose 13.71% in 2026.
• Tracing INVH's Operating Expenses over 5 years: stood at $496.9 million in 2022, then increased by 9.18% to $542.5 million in 2023, then gained by 13.61% to $616.3 million in 2024, then slipped by 4.41% to $589.1 million in 2025, then climbed by 11.14% to $654.7 million in 2026.
• Per Business Quant, the three latest INVH Operating Expenses figures stand at $654.7 million (Q1 2026), $589.1 million (Q4 2025), and $597.2 million (Q3 2025).

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