KPIs & Operating Metrics(New)
Growth Metrics

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

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DateValue
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