Mid America Apartment Communities (MAA) Cost of Revenue (2009 - 2025)
Mid America Apartment Communities posted quarterly Cost of Revenue of $18.5 million for Q4 2025, up 5.28% year-on-year from $17.6 million in Q4 2024, and up 1.78% on a QoQ basis from $18.2 million in Q3 2025.
Mid America Apartment Communities (MAA) has 17 years of Cost of Revenue data on file, last reported at $18.5 million in Q4 2025.
- For the quarter ending Q4 2025, Cost of Revenue rose 5.28% year-over-year to $18.5 million; the trailing twelve-month figure through Dec 2025 stood at $74.8 million (up 3.8% YoY), and the FY2025 full-year result was $74.8 million, up 3.8% from the prior year.
- Cost of Revenue for Q4 2025 stood at $18.5 million, up from $18.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $20.6 million in Q1 2025 and bottomed at $12.9 million in Q1 2021.
- The 5-year median for Cost of Revenue is $17.1 million (2022), against an average of $16.8 million.
- The widest annual swing landed in 2021, when Cost of Revenue fell 11.64%; it then gained 27.81% in 2022.
- A 5-year view of Cost of Revenue shows it stood at $15.2 million in 2021, then advanced by 11.99% to $17.0 million in 2022, then climbed by 2.54% to $17.5 million in 2023, then gained by 0.64% to $17.6 million in 2024, then grew by 5.28% to $18.5 million in 2025.
- The last three Cost of Revenue figures came in at $18.5 million (Q4 2025), $18.2 million (Q3 2025), and $17.5 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | - |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | - |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 39.13 Mn |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 16.70 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 18.51 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | -389.92 Mn |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 9.42 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 3.84 Mn |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | - |
| 10 | Millrose Properties | 4.59 Bn | 4.59 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 18.51 Mn |
| Dec 31, 2025 | 18.51 Mn |
| Sep 30, 2025 | 18.18 Mn |
| Sep 30, 2025 | 18.18 Mn |
| Jun 30, 2025 | 17.51 Mn |
| Jun 30, 2025 | 17.51 Mn |
| Mar 31, 2025 | 20.58 Mn |
| Mar 31, 2025 | 20.58 Mn |
| Dec 31, 2024 | 17.58 Mn |
| Dec 31, 2024 | 17.58 Mn |
| Sep 30, 2024 | 17.27 Mn |
| Sep 30, 2024 | 17.27 Mn |
| Jun 30, 2024 | 17.20 Mn |
| Jun 30, 2024 | 17.20 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Dec 31, 2023 | 17.47 Mn |
| Dec 31, 2023 | 17.47 Mn |
| Sep 30, 2023 | 16.30 Mn |
| Sep 30, 2023 | 16.30 Mn |
| Jun 30, 2023 | 16.09 Mn |
| Jun 30, 2023 | 16.09 Mn |
| Mar 31, 2023 | 17.93 Mn |
| Mar 31, 2023 | 17.93 Mn |
| Dec 31, 2022 | 17.03 Mn |
| Dec 31, 2022 | 17.03 Mn |
| Sep 30, 2022 | 16.26 Mn |
| Sep 30, 2022 | 16.26 Mn |
| Jun 30, 2022 | 15.63 Mn |
| Jun 30, 2022 | 15.63 Mn |
| Mar 31, 2022 | 16.54 Mn |
| Mar 31, 2022 | 16.54 Mn |
| Dec 31, 2021 | 15.21 Mn |
| Dec 31, 2021 | 15.21 Mn |
| Sep 30, 2021 | 13.83 Mn |
| Sep 30, 2021 | 13.83 Mn |
| Jun 30, 2021 | 13.75 Mn |
| Jun 30, 2021 | 13.75 Mn |
| Mar 31, 2021 | 12.94 Mn |
| Mar 31, 2021 | 12.94 Mn |
| Dec 31, 2020 | 13.24 Mn |
| Dec 31, 2020 | 13.24 Mn |
| Sep 30, 2020 | 12.69 Mn |
| Sep 30, 2020 | 12.69 Mn |
| Jun 30, 2020 | 11.73 Mn |
| Jun 30, 2020 | 11.73 Mn |
| Mar 31, 2020 | 14.64 Mn |
| Mar 31, 2020 | 14.64 Mn |
| Dec 31, 2019 | 13.82 Mn |
| Dec 31, 2019 | 13.82 Mn |
| Sep 30, 2019 | 13.90 Mn |
| Sep 30, 2019 | 13.90 Mn |
| Jun 30, 2019 | 13.45 Mn |
| Jun 30, 2019 | 13.45 Mn |
| Mar 31, 2019 | 13.84 Mn |
| Mar 31, 2019 | 13.84 Mn |
| Dec 31, 2018 | 12.05 Mn |
| Dec 31, 2018 | 12.05 Mn |
| Sep 30, 2018 | 11.30 Mn |
| Sep 30, 2018 | 11.30 Mn |
| Jun 30, 2018 | 11.40 Mn |
| Jun 30, 2018 | 11.40 Mn |
| Mar 31, 2018 | 12.88 Mn |
| Mar 31, 2018 | 12.88 Mn |
| Dec 31, 2017 | 11.58 Mn |
| Dec 31, 2017 | 11.58 Mn |
| Sep 30, 2017 | 10.28 Mn |
| Sep 30, 2017 | 10.28 Mn |
| Jun 30, 2017 | 10.75 Mn |
| Jun 30, 2017 | 10.75 Mn |
| Mar 31, 2017 | 10.70 Mn |
| Mar 31, 2017 | 10.70 Mn |
| Dec 31, 2016 | 13.33 Mn |
| Dec 31, 2016 | 13.33 Mn |
| Sep 30, 2016 | 7.04 Mn |
| Sep 30, 2016 | 7.04 Mn |
| Jun 30, 2016 | 6.77 Mn |
| Jun 30, 2016 | 6.77 Mn |
| Mar 31, 2016 | 6.96 Mn |
| Mar 31, 2016 | 6.96 Mn |
| Dec 31, 2015 | 6.70 Mn |
| Dec 31, 2015 | 6.70 Mn |
| Sep 30, 2015 | 6.94 Mn |
| Sep 30, 2015 | 6.94 Mn |
| Jun 30, 2015 | 7.12 Mn |
| Jun 30, 2015 | 7.12 Mn |
| Mar 31, 2015 | 7.52 Mn |
| Mar 31, 2015 | 7.52 Mn |
| Dec 31, 2014 | 7.46 Mn |
| Dec 31, 2014 | 7.46 Mn |
| Sep 30, 2014 | 6.84 Mn |
| Sep 30, 2014 | 6.84 Mn |
| Jun 30, 2014 | 6.74 Mn |
| Jun 30, 2014 | 6.74 Mn |
| Mar 31, 2014 | 7.62 Mn |
| Mar 31, 2014 | 7.62 Mn |
| Dec 31, 2013 | -3.42 Mn |
| Dec 31, 2013 | -3.42 Mn |
| Sep 30, 2013 | 9.07 Mn |
| Sep 30, 2013 | 9.07 Mn |
| Jun 30, 2013 | 8.90 Mn |
| Jun 30, 2013 | 8.90 Mn |
| Mar 31, 2013 | 8.49 Mn |
| Mar 31, 2013 | 8.49 Mn |
| Dec 31, 2012 | 8.43 Mn |
| Dec 31, 2012 | 8.43 Mn |
| Sep 30, 2012 | 8.65 Mn |
| Sep 30, 2012 | 8.65 Mn |
| Jun 30, 2012 | 8.37 Mn |
| Jun 30, 2012 | 8.37 Mn |
| Mar 31, 2012 | 8.25 Mn |
| Mar 31, 2012 | 8.25 Mn |
| Dec 31, 2011 | 7.55 Mn |
| Dec 31, 2011 | 7.55 Mn |
| Sep 30, 2011 | 8.08 Mn |
| Sep 30, 2011 | 8.08 Mn |
| Jun 30, 2011 | 8.01 Mn |
| Jun 30, 2011 | 8.01 Mn |
| Mar 31, 2011 | 7.42 Mn |
| Mar 31, 2011 | 7.42 Mn |
| Dec 31, 2010 | 6.78 Mn |
| Dec 31, 2010 | 6.78 Mn |
| Sep 30, 2010 | 7.38 Mn |
| Sep 30, 2010 | 7.38 Mn |
| Jun 30, 2010 | 6.71 Mn |
| Jun 30, 2010 | 6.71 Mn |
| Mar 31, 2010 | 5.85 Mn |
| Mar 31, 2010 | 5.85 Mn |
| Dec 31, 2009 | 5.28 Mn |
| Dec 31, 2009 | 5.28 Mn |
| Sep 30, 2009 | 5.63 Mn |
| Sep 30, 2009 | 5.63 Mn |
| Jun 30, 2009 | 4.89 Mn |
| Jun 30, 2009 | 4.89 Mn |