Veris Residential (VRE) Gross Margin (2017 - 2026)

Veris Residential's Gross Margin history runs 10 years deep, the most recent figure standing at 95.89% for Q1 2026.

• In Q1 2026, Gross Margin rose 3.0% year-over-year to 95.89%; the TTM figure through Mar 2026 stood at 96.78% (down 2.0% YoY), while the FY2025 annual figure was 96.78%, down 21.0% from the prior year.
• Gross Margin came in at 95.89% for Q1 2026 at Veris Residential, down from 97.2% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 99.39% in Q4 2022 to a low of 94.78% in Q1 2022.
• A 5-year average of 96.81% and a median of 96.88% in 2024 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin tumbled 346 bps in 2022 and jumped 192 bps in 2023, its largest moves.
• Veris Residential's Gross Margin stood at 99.39% in 2022, then dropped by 2 bps to 97.26% in 2023, then declined by 0 bps to 97.13% in 2024, then climbed by 0 bps to 97.2% in 2025, then dropped by 1 bps to 95.89% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 95.89%, 97.2%, and 96.76% for Q1 2026, Q4 2025, and Q3 2025 respectively.

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