Veris Residential (VRE) Gross Profit (2017 - 2026)
Veris Residential's (VRE) quarterly Gross Profit came in at $67.2 million in Q1 2026, up 3.5% year-on-year from $64.9 million in Q1 2025, and down 3.02% quarter-over-quarter from $69.3 million in Q4 2025.
Veris Residential (VRE) Gross Profit (2017 - 2026) Analysis & Trends
Veris Residential has disclosed Gross Profit across 10 years of filings, most recently posting $67.2 million for Q1 2026.
- Gross Profit for Q1 2026 came in at $67.2 million, up 3.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $281.4 million (up 7.08% YoY), and the FY2025 annual result 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.
- The 5-year median for Gross Profit is $65.1 million (2024), against an average of $62.6 million.
- Across the five-year window, Gross Profit slumped 48.42% in 2022 and soared 39.27% in 2023, its largest moves.
- Veris Residential's Gross Profit stood at $46.8 million in 2022, then jumped by 39.27% to $65.2 million in 2023, then grew by 1.45% to $66.1 million in 2024, then gained by 4.81% to $69.3 million in 2025, then declined by 3.02% to $67.2 million in 2026.
- The last three Gross Profit figures came in at $67.2 million (Q1 2026), $69.3 million (Q4 2025), and $71.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 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 |