KPIs & Operating Metrics(New)
Growth Metrics

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 🔒
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
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