Veris Residential, Inc. Income Statement
VRE / Real Estate|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Veris Residential, Inc. reported $288M in revenue and $75M in net income for FY2025. Revenue has declined at a 8.0% compound annual rate over the past 9 years.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 22.1%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $288.4M | $271.1M | $260.3M | $213.4M | $194.6M | $307.5M | $357.2M | $371.7M | $459.0M | $613.4M | - | - | - | - | - |
| Cost of Revenue | $9.3M | $8.2M | $7.7M | $7.0M | $8.3M | $13.7M | $17.9M | $23.8M | $29.5M | $49.6M | - | - | - | - | - |
| SG&A Expense | $36.8M | $39.1M | $44.4M | $55.9M | $57.0M | $71.1M | $59.8M | $53.9M | $50.5M | $52.0M | $49.1M | $71.1M | $47.0M | $47.7M | $35.1M |
| Operating Income | - | - | - | - | - | - | - | - | $105.3M | $104.6M | -$96.3M | $88.8M | $33.6M | $160.4M | $181.3M |
| Interest Expense | $88.6M | $88.0M | $89.4M | $66.4M | $47.5M | $81.0M | $90.6M | $77.6M | $84.5M | $94.9M | $103.1M | $112.9M | $123.7M | $122.0M | $123.9M |
| Income Tax | $231.0K | $276.0K | $492.0K | $0 | $0 | - | - | - | - | - | - | - | - | - | - |
| Net Income | $75.2M | -$23.1M | -$107.3M | -$52.1M | -$119.0M | -$51.4M | $111.9M | $84.1M | $23.2M | $117.2M | -$125.8M | $28.6M | -$14.9M | $40.9M | $69.7M |
| EPS (Basic) | $0.81 | -$0.25 | -$1.22 | -$0.63 | -$1.39 | -$0.70 | $0.95 | $0.80 | $0.06 | $1.31 | -$1.41 | $0.32 | -$0.17 | $0.47 | $0.81 |
| EPS (Diluted) | $0.80 | -$0.25 | -$1.22 | -$0.63 | -$1.39 | -$0.70 | $0.95 | $0.80 | $0.06 | $1.30 | -$1.41 | $0.32 | -$0.17 | $0.47 | $0.81 |
| Shares Outstanding | 102.4M | 101.4M | 100.8M | 100.3M | 99.9M | 100.3M | 100.7M | 100.7M | 100.7M | 100.5M | 100.2M | 100.0M | 99.8M | 100.0M | 99.0M |
| Operating Margin | - | - | - | - | - | - | - | - | 22.9% | 17.1% | - | - | - | - | - |
| Profit Margin | 26.1% | -8.5% | -41.2% | -24.4% | -61.2% | -16.7% | 31.3% | 22.6% | 5.1% | 19.1% | - | - | - | - | - |