Veris Residential (VRE) Gross Profit (2017 - 2025)
Veris Residential's Gross Profit history spans 9 years, with the latest figure at $64.9 million for Q1 2025.
- For Q1 2025, Gross Profit changed 0.18% year-over-year to $64.9 million; the TTM value through Mar 2025 reached $247.2 million, down 4.25%, while the annual FY2024 figure was $262.9 million, 4.09% up from the prior year.
- Gross Profit for Q1 2025 was $64.9 million at Veris Residential, down from $65.7 million in the prior quarter.
- Across five years, Gross Profit topped out at $90.7 million in Q4 2021 and bottomed at $43.8 million in Q1 2022.
- The 5-year median for Gross Profit is $65.4 million (2024), against an average of $67.7 million.
- The largest annual shift saw Gross Profit tumbled 39.22% in 2022 before it skyrocketed 38.33% in 2023.
- A 5-year view of Gross Profit shows it stood at $90.7 million in 2021, then crashed by 51.78% to $43.8 million in 2022, then rose by 17.72% to $51.5 million in 2023, then rose by 27.5% to $65.7 million in 2024, then fell by 1.11% to $64.9 million in 2025.
- Per Business Quant, the three most recent readings for VRE's Gross Profit are $64.9 million (Q1 2025), $65.7 million (Q2 2024), and $65.1 million (Q1 2024).