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

Veris Residential (VRE) reported Gross Profit of $67.2 million for Q1 2026, up 3.5% on a YoY basis from $64.9 million in Q1 2025, and down 3.02% sequentially from $69.3 million in Q4 2025.

Veris Residential (VRE) Gross Profit (2017 - 2026) Analysis & Trends

Veris Residential (VRE) has 10 years of Gross Profit data on file, last reported at $67.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Gross Profit rose 3.5% year-over-year to $67.2 million; the trailing twelve-month figure through Mar 2026 stood at $281.4 million (up 7.08% YoY), and the FY2025 full-year result was $279.1 million, up 6.17% from the prior year.
  • Gross Profit slipped to $67.2 million in Q1 2026, from $69.3 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $73.8 million in Q2 2025 to a low of $43.8 million in Q1 2022.
  • A 5-year average of $62.6 million and a median of $65.1 million in 2024 frame the typical range for Gross Profit.
  • Across the five-year window, Gross Profit plunged 48.42% in 2022 and soared 39.27% in 2023, its largest moves.
  • Tracing VRE's Gross Profit over 5 years: stood at $46.8 million in 2022, then soared by 39.27% to $65.2 million in 2023, then climbed by 1.45% to $66.1 million in 2024, then rose by 4.81% to $69.3 million in 2025, then dropped by 3.02% to $67.2 million in 2026.
  • Business Quant data shows VRE's Gross Profit at $67.2 million in Q1 2026, $69.3 million in Q4 2025, and $71.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Avalonbay Communities 26.63 Bn 26.85 Bn -
2 Equity Residential 25.81 Bn 26.00 Bn -
3 Invitation Homes 17.83 Bn 17.87 Bn 694.98 Mn
4 Mid America Apartment Communities 15.53 Bn 15.53 Bn 537.05 Mn
5 Sun Communities 14.72 Bn 14.83 Bn 491.20 Mn
6 Udr 12.95 Bn 12.92 Bn 416.43 Mn
7 Equity Lifestyle Properties 12.81 Bn 12.87 Bn 378.95 Mn
8 American Homes 4 Rent 12.07 Bn 12.74 Bn -
9 Camden Property Trust 11.83 Bn 11.90 Bn -
10 Veris Residential 1.78 Bn 1.77 Bn 67.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 67.22 Mn
Mar 31, 2026 67.22 Mn
Dec 31, 2025 69.31 Mn
Dec 31, 2025 69.31 Mn
Sep 30, 2025 71.06 Mn
Sep 30, 2025 71.06 Mn
Jun 30, 2025 73.83 Mn
Jun 30, 2025 73.83 Mn
Mar 31, 2025 64.95 Mn
Mar 31, 2025 64.95 Mn
Dec 31, 2024 66.13 Mn
Dec 31, 2024 66.13 Mn
Sep 30, 2024 66.05 Mn
Sep 30, 2024 66.05 Mn
Jun 30, 2024 65.68 Mn
Jun 30, 2024 65.68 Mn
Mar 31, 2024 65.07 Mn
Mar 31, 2024 65.07 Mn
Dec 31, 2023 65.18 Mn
Dec 31, 2023 65.18 Mn