Veris Residential (VRE) Gross Profit (2017 - 2026)
Veris Residential recorded quarterly Gross Profit of $67.2 million in Q1 2026, down 3.02% quarter-over-quarter from $69.3 million in Q4 2025, and up 3.5% year-over-year from $64.9 million in Q1 2025.
Veris Residential's Gross Profit history runs 10 years deep, the most recent figure standing at $67.2 million for Q1 2026.
- In Q1 2026, Gross Profit rose 3.5% year-over-year to $67.2 million; the TTM figure through Mar 2026 stood at $281.4 million (up 7.08% YoY), while the FY2025 annual figure was $279.1 million, up 6.17% from the prior year.
- Gross Profit came in at $67.2 million for Q1 2026 at Veris Residential, down 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 sank 48.42% in 2022 and jumped 39.27% in 2023, its largest moves.
- Veris Residential's Gross Profit stood at $46.8 million in 2022, then surged by 39.27% to $65.2 million in 2023, then increased by 1.45% to $66.1 million in 2024, then advanced by 4.81% to $69.3 million in 2025, then fell by 3.02% to $67.2 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $67.2 million, $69.3 million, and $71.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - |
| 10 | Veris Residential | 1.94 Bn | 1.94 Bn | 67.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 64.43 Mn |
| Sep 30, 2023 | 64.43 Mn |
| Jun 30, 2023 | 62.45 Mn |
| Jun 30, 2023 | 62.45 Mn |
| Mar 31, 2023 | 60.54 Mn |
| Mar 31, 2023 | 60.54 Mn |
| Dec 31, 2022 | 46.80 Mn |
| Dec 31, 2022 | 46.80 Mn |
| Sep 30, 2022 | 60.65 Mn |
| Sep 30, 2022 | 60.65 Mn |
| Jun 30, 2022 | 51.92 Mn |
| Jun 30, 2022 | 51.92 Mn |
| Mar 31, 2022 | 43.76 Mn |
| Mar 31, 2022 | 43.76 Mn |
| Dec 31, 2021 | 90.74 Mn |
| Dec 31, 2021 | 90.74 Mn |
| Sep 30, 2021 | 78.61 Mn |
| Sep 30, 2021 | 78.61 Mn |
| Jun 30, 2021 | 76.54 Mn |
| Jun 30, 2021 | 76.54 Mn |
| Mar 31, 2021 | 72.00 Mn |
| Mar 31, 2021 | 72.00 Mn |
| Dec 31, 2020 | 73.41 Mn |
| Dec 31, 2020 | 73.41 Mn |
| Sep 30, 2020 | 75.60 Mn |
| Sep 30, 2020 | 75.60 Mn |
| Jun 30, 2020 | 71.08 Mn |
| Jun 30, 2020 | 71.08 Mn |
| Mar 31, 2020 | 79.75 Mn |
| Mar 31, 2020 | 79.75 Mn |
| Dec 31, 2019 | 84.95 Mn |
| Dec 31, 2019 | 84.95 Mn |
| Sep 30, 2019 | 84.64 Mn |
| Sep 30, 2019 | 84.64 Mn |
| Jun 30, 2019 | 84.05 Mn |
| Jun 30, 2019 | 84.05 Mn |
| Mar 31, 2019 | 85.69 Mn |
| Mar 31, 2019 | 85.69 Mn |
| Dec 31, 2018 | 96.53 Mn |
| Dec 31, 2018 | 96.53 Mn |
| Sep 30, 2018 | 80.96 Mn |
| Sep 30, 2018 | 80.96 Mn |
| Jun 30, 2018 | 78.65 Mn |
| Jun 30, 2018 | 78.65 Mn |
| Mar 31, 2018 | 85.78 Mn |
| Mar 31, 2018 | 85.78 Mn |
| Dec 31, 2017 | 147.29 Mn |
| Dec 31, 2017 | 147.29 Mn |
| Sep 30, 2017 | 148.54 Mn |
| Sep 30, 2017 | 148.54 Mn |