Veris Residential (VRE) Operating Expenses (2009 - 2026)

Veris Residential (VRE) has 18 years of Operating Expenses data on file, last reported at $68.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 518.95% year-over-year to $68.0 million; the trailing twelve-month figure through Mar 2026 stood at $362.0 million (up 28.05% YoY), and the FY2025 full-year result was $257.0 million, up 8.42% from the prior year.
• Operating Expenses slipped to $68.0 million in Q1 2026, from $220.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $220.3 million in Q4 2025 to a low of $8.5 million in Q1 2022.
• A 5-year average of $59.0 million and a median of $57.4 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses slumped 89.02% in 2022 and jumped 518.95% in 2026, its largest moves.
• Tracing VRE's Operating Expenses over 5 years: stood at $48.3 million in 2022, then jumped by 38.63% to $67.0 million in 2023, then surged by 201.18% to $201.7 million in 2024, then rose by 9.23% to $220.3 million in 2025, then slumped by 69.12% to $68.0 million in 2026.
• Business Quant data shows VRE's Operating Expenses at $68.0 million in Q1 2026, $220.3 million in Q4 2025, and $60.7 million in Q3 2025.