Veris Residential Inc. (VRE)
NYSE: VRE
· Real-Time Price · USD
14.11
-0.01 (-0.07%)
At close: Aug 15, 2025, 9:54 AM
Veris Residential Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
| Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 279.94M | 271.49M | 271.07M | 275.91M | 279.21M | 280.47M | 280.05M | 293.34M | 313.21M | 324.31M | 356.48M | 358.51M | 350.9M | 352.32M | 329.32M | 322.29M | 316.19M | 307.6M |
Cost of Revenue | 91.01M | 129.51M | 151.49M | 156.67M | 164.58M | 144.65M | 123.02M | 133.78M | 143.42M | 151.88M | 161.66M | 155.75M | 149.66M | 150.2M | 147.37M | 146.22M | 146.8M | 141.53M |
Gross Profit | 167.77M | 120.82M | 98.42M | 98.08M | 114.63M | 135.82M | 157.04M | 159.56M | 169.79M | 172.43M | 194.82M | 202.76M | 201.24M | 202.12M | 181.95M | 176.07M | 169.4M | 166.07M |
Operating Income | 30.42M | 39.45M | 36.77M | 50.7M | 38.23M | 2.44M | 3.15M | -18.88M | -12.51M | 20.87M | 29.15M | 30.18M | 29.88M | 19.9M | 3.79M | 5.45M | -21.2M | -22.15M |
Interest Income | 387K | 1.85M | 2.37M | 2.49M | 3.55M | 5.94M | 5.51M | 5.38M | 4.42M | 687K | 729K | 5.77M | 5.49M | 5.4M | 5.26M | 113K | 116K | 28K |
Pretax Income | -27.84M | -38.31M | -30.7M | -65.17M | -115.44M | -143.72M | -156.91M | -67.7M | -113.29M | -48.26M | -33.39M | -96.54M | -16.17M | -133.33M | -149.02M | -90.02M | -139.83M | -103.65M |
Net Income | -21.06M | -29.98M | -23.18M | -15.79M | -60.84M | -91.19M | -111.71M | -87.31M | -161.59M | -113.62M | -103.14M | -151.37M | -50.6M | -152.15M | -130.58M | -36.07M | -49.96M | -3.84M |
Selling & General & Admin | 38.67M | 38.04M | 39.06M | 39M | 44.67M | 45.27M | 44.47M | 46.74M | 44.98M | 46.98M | 56.17M | 57.77M | 56.2M | 62.69M | 57.2M | 54.98M | 72.64M | 71.81M |
Research & Development | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Other Expenses | 42.44M | 42.19M | 9.33M | -11.78M | -11.83M | -10.73M | 24.75M | 53.38M | 82.39M | 109.28M | 111.91M | -3.2M | -2.82M | -1.66M | n/a | 115.64M | 117.96M | 116.41M |
Operating Expenses | 81.1M | 100.79M | 81.07M | 82.88M | 111.76M | 115.73M | 138.29M | 146.22M | 150.21M | 156.26M | 168.08M | 166.19M | 165M | 172.64M | 168.82M | 170.62M | 190.6M | 188.22M |
Interest Expense | 43.16M | 89.44M | 87.98M | 86.62M | 125.22M | 138.62M | 139.14M | 140.37M | 99.09M | 78.75M | 68.34M | 60.99M | 62.11M | 63.92M | 69.92M | 73.29M | 73.63M | 77.68M |
Selling & Marketing Expenses | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Cost & Expenses | 193.27M | 232.04M | 234.3M | 241.28M | 256.92M | 260.38M | 261.31M | 280M | 293.63M | 308.14M | 329.74M | 321.94M | 314.66M | 322.84M | 316.19M | 316.84M | 337.4M | 329.75M |
Income Tax Expense | -10K | 259K | 276K | 473K | 727K | 40.1M | 45.07M | 65.36M | 87.2M | 65.36M | 69.75M | 61.52M | 59.89M | 61.8M | 41.75M | 29.49M | -3.56M | -23.17M |
Shares Outstanding (Basic) | 93.39M | 93.06M | 92.69M | 92.9M | 92.66M | 92.28M | 92.24M | 92.18M | 91.87M | 91.23M | 91.3M | 100.38M | 100.35M | 99.93M | 90.95M | 90.94M | 90.77M | 90.69M |
Shares Outstanding (Diluted) | 102.26M | 101.69M | 92.93M | 101.59M | 101.95M | 100.97M | 92.24M | 100.92M | 100.85M | 91.23M | 100.42M | 100.38M | 100.35M | 99.93M | 99.96M | 99.97M | 99.87M | 99.76M |
EPS (Basic) | -0.23 | -0.32 | -0.24 | -0.17 | -0.66 | -0.99 | -1.21 | -0.95 | -1.65 | -1.15 | -1.02 | -1.55 | -0.57 | -1.66 | -1.46 | -0.42 | -0.58 | -0.07 |
EPS (Diluted) | -0.23 | -0.31 | -0.23 | -0.16 | -0.6 | -0.9 | -1.13 | -0.89 | -1.64 | -1.17 | -1.04 | -1.52 | -0.51 | -1.52 | -1.32 | -0.37 | -0.51 | -0.05 |
EBITDA | 103.77M | 123.47M | 119.97M | 118.69M | 105.71M | 109.15M | 110.54M | 110.83M | 110.19M | 143.41M | 137.53M | 138.61M | 150.32M | 34.33M | 39.76M | 38.35M | 19.48M | 92.21M |
EBIT | 30.85M | 54.02M | 60.17M | 24.34M | 10.68M | -2.86M | -14.97M | 75.48M | 72.05M | 110.44M | 122.85M | 64.28M | 71.42M | 17.26M | -942K | -2.82M | -25.8M | -24M |
Depreciation & Amortization | 86.06M | 83.91M | 82.77M | 84.64M | 86.69M | 90.06M | 93.82M | 99.48M | 105.23M | 109.28M | 111.91M | 108.42M | 108.8M | 109.96M | 111.62M | 110.33M | 113.07M | 112.17M |