Veris Residential (VRE) Cost of Revenue (2017 - 2026)

Veris Residential has disclosed Cost of Revenue across 10 years of filings, most recently posting $2.9 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $2.9 million, up 2.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.4 million (up 7.78% YoY), and the FY2025 annual result 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.
• The 5-year median for Cost of Revenue is $2.1 million (2023), against an average of $2.1 million.
• Across the five-year window, Cost of Revenue slumped 41.13% in 2022 and soared 537.85% in 2023, its largest moves.
• Veris Residential's Cost of Revenue stood at $288000.0 in 2022, then jumped by 537.85% to $1.8 million in 2023, then climbed by 6.42% to $2.0 million in 2024, then gained by 2.2% to $2.0 million in 2025, then soared by 44.14% to $2.9 million in 2026.
• The last three Cost of Revenue figures came in at $2.9 million (Q1 2026), $2.0 million (Q4 2025), and $2.4 million (Q3 2025), per Business Quant data.