Veris Residential (VRE) Interest Expenses (2009 - 2026)
Veris Residential (VRE) reported Interest Expenses of $17.9 million for Q1 2026, down 22.16% on a YoY basis from $23.0 million in Q1 2025, and down 34.49% sequentially from $27.3 million in Q4 2025.
Veris Residential (VRE) Interest Expenses (2009 - 2026) Analysis & Trends
Veris Residential (VRE) has 18 years of Interest Expenses data on file, last reported at $17.9 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 22.16% year-over-year to $17.9 million; the trailing twelve-month figure through Mar 2026 stood at $91.4 million (up 2.21% YoY), and the FY2025 full-year result was $88.6 million, up 0.69% from the prior year.
- Interest Expenses retreated to $17.9 million in Q1 2026, from $27.3 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $69.8 million in Q3 2025 to a low of $7.4 million in Q4 2022.
- A 5-year average of $24.1 million and a median of $21.7 million in 2023 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses jumped 224.56% in 2025 and decreased 22.16% in 2026, its largest moves.
- Tracing VRE's Interest Expenses over 5 years: stood at $7.4 million in 2022, then surged by 197.15% to $21.9 million in 2023, then advanced by 6.2% to $23.3 million in 2024, then increased by 17.11% to $27.3 million in 2025, then tumbled by 34.49% to $17.9 million in 2026.
- Business Quant data shows VRE's Interest Expenses at $17.9 million in Q1 2026, $27.3 million in Q4 2025, and $69.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | 71.49 Mn |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | 271.85 Mn |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 95.31 Mn |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 48.71 Mn |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | 38.40 Mn |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 48.58 Mn |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 33.65 Mn |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | 66.15 Mn |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | 37.36 Mn |
| 10 | Veris Residential | 1.78 Bn | 1.77 Bn | 67.22 Mn | 17.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.87 Mn |
| Mar 31, 2026 | 17.87 Mn |
| Dec 31, 2025 | 27.28 Mn |
| Dec 31, 2025 | 27.28 Mn |
| Sep 30, 2025 | 69.80 Mn |
| Sep 30, 2025 | 69.80 Mn |
| Jun 30, 2025 | 35.14 Mn |
| Jun 30, 2025 | 35.14 Mn |
| Mar 31, 2025 | 22.96 Mn |
| Mar 31, 2025 | 22.96 Mn |
| Dec 31, 2024 | 23.29 Mn |
| Dec 31, 2024 | 23.29 Mn |
| Sep 30, 2024 | 21.51 Mn |
| Sep 30, 2024 | 21.51 Mn |
| Jun 30, 2024 | 21.68 Mn |
| Jun 30, 2024 | 21.68 Mn |
| Mar 31, 2024 | 21.50 Mn |
| Mar 31, 2024 | 21.50 Mn |
| Dec 31, 2023 | 21.93 Mn |
| Dec 31, 2023 | 21.93 Mn |