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

Veris Residential (VRE) has 10 years of Cost of Revenue data on file, last reported at $2.9 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 2.6% year-over-year to $2.9 million; the trailing twelve-month figure through Mar 2026 stood at $9.4 million (up 7.78% YoY), and the FY2025 full-year result was $9.3 million, up 13.97% from the prior year.
• Cost of Revenue rose to $2.9 million in Q1 2026, 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 plunged 41.13% in 2022 and soared 537.85% in 2023, its largest moves.
• Tracing VRE's Cost of Revenue over 5 years: stood at $288000.0 in 2022, then soared by 537.85% to $1.8 million in 2023, then advanced by 6.42% to $2.0 million in 2024, then rose by 2.2% to $2.0 million in 2025, then surged by 44.14% to $2.9 million in 2026.
• Business Quant data shows VRE's Cost of Revenue at $2.9 million in Q1 2026, $2.0 million in Q4 2025, and $2.4 million in Q3 2025.