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
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