Veris Residential (VRE) Cost of Revenue (2017 - 2026)
Veris Residential recorded quarterly Cost of Revenue of $2.9 million in Q1 2026, up 44.14% quarter-over-quarter from $2.0 million in Q4 2025, and up 2.6% year-over-year from $2.8 million in Q1 2025.
Veris Residential's Cost of Revenue history runs 10 years deep, the most recent figure standing at $2.9 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 2.6% year-over-year to $2.9 million; the TTM figure through Mar 2026 stood at $9.4 million (up 7.78% YoY), while the FY2025 annual figure was $9.3 million, up 13.97% from the prior year.
- Cost of Revenue came in at $2.9 million for Q1 2026 at Veris Residential, up from $2.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $2.9 million in Q1 2026 to a low of $288000.0 in Q4 2022.
- A 5-year average of $2.1 million and a median of $2.1 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue sank 41.13% in 2022 and jumped 537.85% in 2023, its largest moves.
- Veris Residential's Cost of Revenue stood at $288000.0 in 2022, then surged by 537.85% to $1.8 million in 2023, then grew by 6.42% to $2.0 million in 2024, then advanced by 2.2% to $2.0 million in 2025, then jumped by 44.14% to $2.9 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $2.9 million, $2.0 million, and $2.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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 | Veris Residential | 1.94 Bn | 1.94 Bn | 67.22 Mn | 2.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.88 Mn |
| Mar 31, 2026 | 2.88 Mn |
| Dec 31, 2025 | 2.00 Mn |
| Dec 31, 2025 | 2.00 Mn |
| Sep 30, 2025 | 2.38 Mn |
| Sep 30, 2025 | 2.38 Mn |
| Jun 30, 2025 | 2.10 Mn |
| Jun 30, 2025 | 2.10 Mn |
| Mar 31, 2025 | 2.81 Mn |
| Mar 31, 2025 | 2.81 Mn |
| Dec 31, 2024 | 1.96 Mn |
| Dec 31, 2024 | 1.96 Mn |
| Sep 30, 2024 | 2.13 Mn |
| Sep 30, 2024 | 2.13 Mn |
| Jun 30, 2024 | 1.80 Mn |
| Jun 30, 2024 | 1.80 Mn |
| Mar 31, 2024 | 2.27 Mn |
| Mar 31, 2024 | 2.27 Mn |
| Dec 31, 2023 | 1.84 Mn |
| Dec 31, 2023 | 1.84 Mn |
| Sep 30, 2023 | 2.04 Mn |
| Sep 30, 2023 | 2.04 Mn |
| Jun 30, 2023 | 1.76 Mn |
| Jun 30, 2023 | 1.76 Mn |
| Mar 31, 2023 | 2.06 Mn |
| Mar 31, 2023 | 2.06 Mn |
| Dec 31, 2022 | 288,000.00 |
| Dec 31, 2022 | 288,000.00 |
| Sep 30, 2022 | 2.48 Mn |
| Sep 30, 2022 | 2.48 Mn |
| Jun 30, 2022 | 1.90 Mn |
| Jun 30, 2022 | 1.90 Mn |
| Mar 31, 2022 | 2.41 Mn |
| Mar 31, 2022 | 2.41 Mn |
| Dec 31, 2021 | -2.51 Mn |
| Dec 31, 2021 | -2.51 Mn |
| Sep 30, 2021 | 3.57 Mn |
| Sep 30, 2021 | 3.57 Mn |
| Jun 30, 2021 | 3.15 Mn |
| Jun 30, 2021 | 3.15 Mn |
| Mar 31, 2021 | 4.09 Mn |
| Mar 31, 2021 | 4.09 Mn |
| Dec 31, 2020 | 3.15 Mn |
| Dec 31, 2020 | 3.15 Mn |
| Sep 30, 2020 | 3.60 Mn |
| Sep 30, 2020 | 3.60 Mn |
| Jun 30, 2020 | 3.11 Mn |
| Jun 30, 2020 | 3.11 Mn |
| Mar 31, 2020 | 3.85 Mn |
| Mar 31, 2020 | 3.85 Mn |
| Dec 31, 2019 | 3.28 Mn |
| Dec 31, 2019 | 3.28 Mn |
| Sep 30, 2019 | 4.40 Mn |
| Sep 30, 2019 | 4.40 Mn |
| Jun 30, 2019 | 4.09 Mn |
| Jun 30, 2019 | 4.09 Mn |
| Mar 31, 2019 | 6.11 Mn |
| Mar 31, 2019 | 6.11 Mn |
| Dec 31, 2018 | -6.25 Mn |
| Dec 31, 2018 | -6.25 Mn |
| Sep 30, 2018 | 9.99 Mn |
| Sep 30, 2018 | 9.99 Mn |
| Jun 30, 2018 | 7.56 Mn |
| Jun 30, 2018 | 7.56 Mn |
| Mar 31, 2018 | 12.50 Mn |
| Mar 31, 2018 | 12.50 Mn |
| Dec 31, 2017 | -3.76 Mn |
| Dec 31, 2017 | -3.76 Mn |
| Sep 30, 2017 | 11.48 Mn |
| Sep 30, 2017 | 11.48 Mn |