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

Veris Residential (VRE) has 10 years of Gross Margin data on file, last reported at 95.89% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 3.0% year-over-year to 95.89%; the trailing twelve-month figure through Mar 2026 stood at 96.78% (down 2.0% YoY), and the FY2025 full-year result was 96.78%, down 21.0% from the prior year.
• Gross Margin declined to 95.89% in Q1 2026, 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 slumped 346 bps in 2022 and soared 192 bps in 2023, its largest moves.
• Tracing VRE's Gross Margin over 5 years: stood at 99.39% in 2022, then decreased by 2 bps to 97.26% in 2023, then slipped by 0 bps to 97.13% in 2024, then gained by 0 bps to 97.2% in 2025, then decreased by 1 bps to 95.89% in 2026.
• Business Quant data shows VRE's Gross Margin at 95.89% in Q1 2026, 97.2% in Q4 2025, and 96.76% in Q3 2025.