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Veris Residential (VRE) Operating Expenses (2016 - 2026)

Veris Residential has reported Operating Expenses over the past 18 years, most recently at $10.7 million for Q1 2026.

  • Quarterly Operating Expenses fell 3.01% to $10.7 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was -$51.5 million through Mar 2026, down 136.47% year-over-year, with the annual reading at $48.0 million for FY2025, 79.77% down from the prior year.
  • Operating Expenses was $10.7 million for Q1 2026 at Veris Residential, up from -$150.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $75.3 million in Q2 2025 and troughed at -$150.3 million in Q4 2025.
  • The 5-year median for Operating Expenses is $57.4 million (2024), against an average of $32.1 million.
  • Peak annual rise in Operating Expenses hit 496.26% in 2025, while the deepest fall reached 349.34% in 2025.
  • Tracing VRE's Operating Expenses over 5 years: stood at $48.3 million in 2022, then surged by 38.63% to $67.0 million in 2023, then decreased by 10.01% to $60.3 million in 2024, then plummeted by 349.34% to -$150.3 million in 2025, then surged by 107.09% to $10.7 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $10.7 million, -$150.3 million, and $12.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.