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Veris Residential (VRE) Operating Expenses (2016 - 2025)

Veris Residential's Operating Expenses history spans 17 years, with the latest figure at $75.3 million for Q2 2025.

  • For Q2 2025, Operating Expenses rose 738.95% year-over-year to $75.3 million; the TTM value through Dec 2025 reached $85.4 million, up 110.56%, while the annual FY2025 figure was $257.0 million, 558.07% up from the prior year.
  • Operating Expenses for Q2 2025 was $75.3 million at Veris Residential, up from $10.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $227.4 million in Q3 2021 and bottomed at -$130.1 million in Q4 2023.
  • The 5-year median for Operating Expenses is $12.6 million (2024), against an average of $42.4 million.
  • The largest annual shift saw Operating Expenses surged 1161.41% in 2023 before it crashed 94.46% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $100.7 million in 2021, then crashed by 87.27% to $12.8 million in 2022, then tumbled by 1114.74% to -$130.1 million in 2023, then skyrocketed by 107.72% to $10.0 million in 2024, then surged by 649.96% to $75.3 million in 2025.
  • Per Business Quant, the three most recent readings for VRE's Operating Expenses are $75.3 million (Q2 2025), $10.1 million (Q1 2025), and $10.0 million (Q4 2024).