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
DateValue
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