VRE
Income statement / Annual
Last year (2025), Veris Residential Inc's total revenue was $288.43 M,
an increase of 6.40% from the previous year.
In 2025, Veris Residential Inc's net income was $75.24 M.
See Veris Residential Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$288.43 M |
$271.07 M |
$260.30 M |
$233.45 M |
$323.39 M |
$313.56 M |
$357.20 M |
$365.71 M |
$616.20 M |
$613.40 M |
| Cost of Revenue |
$284.81 M
|
$276.61 M
|
$279.81 M
|
$282.25 M
|
$366.09 M
|
$385.48 M
|
$529.93 M
|
$380.67 M
|
$665.07 M
|
$640.59 M
|
| Gross Profit |
$3.62 M
|
-$5.54 M
|
-$19.52 M
|
-$48.80 M
|
-$42.70 M
|
-$71.92 M
|
-$172.72 M
|
-$14.96 M
|
-$48.87 M
|
-$27.19 M
|
| Gross Profit Ratio |
0.01
|
-0.02
|
-0.07
|
-0.21
|
-0.13
|
-0.23
|
-0.48
|
-0.04
|
-0.08
|
-0.04
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Other Expenses |
-$45.76 M
|
-$42.15 M
|
-$34.17 M
|
-$25.95 M
|
-$40.63 M
|
-$48.39 M
|
-$146.36 M
|
-$72.39 M
|
-$154.18 M
|
-$147.80 M
|
| Operating Expenses |
-$45.76 M
|
-$42.15 M
|
-$34.17 M
|
-$25.95 M
|
-$40.63 M
|
-$48.39 M
|
-$146.36 M
|
-$72.39 M
|
-$154.18 M
|
-$147.80 M
|
| Cost And Expenses |
$239.05 M
|
$234.46 M
|
$245.65 M
|
$256.30 M
|
$325.46 M
|
$337.09 M
|
$383.56 M
|
$308.28 M
|
$510.89 M
|
$492.78 M
|
| Interest Income |
$370.00 K
|
$2.37 M
|
$5.52 M
|
$729.00 K
|
$524.00 K
|
$43.00 K
|
$2.41 M
|
$3.22 M
|
$2.69 M
|
$1.61 M
|
| Interest Expense |
$88.58 M
|
$87.98 M
|
$139.14 M
|
$66.38 M
|
$47.51 M
|
$80.99 M
|
$90.57 M
|
$77.59 M
|
$84.52 M
|
$94.89 M
|
| Depreciation & Amortization |
$86.26 M
|
$82.77 M
|
$86.24 M
|
$85.43 M
|
$110.04 M
|
$122.04 M
|
$190.45 M
|
$112.24 M
|
$205.17 M
|
$186.68 M
|
| EBITDA |
$249.24 M |
$143.02 M |
$108.07 M |
$112.95 M |
$23.23 M |
$87.52 M |
$480.54 M |
$287.02 M |
$325.28 M |
$391.37 M |
| EBITDA Ratio |
0.86
|
0.53
|
0.42
|
0.48
|
0.07
|
0.28
|
1.35
|
0.78
|
0.53
|
0.64
|
| Operating Income Ratio |
0.17
|
0.14
|
0.06
|
-0.1
|
-0.01
|
-0.08
|
-0.07
|
0.16
|
0.17
|
0.2
|
| Total Other Income/Expenses Net |
$25.68 M
|
-$67.31 M
|
-$135.51 M
|
-$16.69 M
|
-$149.93 M
|
-$92.00 M
|
$222.33 M
|
$37.05 M
|
-$71.59 M
|
$9.68 M
|
| Income Before Tax |
$75.06 M
|
-$30.70 M
|
-$120.87 M
|
-$39.53 M
|
-$152.00 M
|
-$115.52 M
|
$195.97 M
|
$94.48 M
|
$33.72 M
|
$130.29 M
|
| Income Before Tax Ratio |
0.26
|
-0.11
|
-0.46
|
-0.17
|
-0.47
|
-0.37
|
0.55
|
0.26
|
0.05
|
0.21
|
| Income Tax Expense |
$231.00 K
|
$276.00 K
|
$492.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Net Income |
$75.24 M
|
-$22.75 M
|
-$111.00 M
|
-$57.54 M
|
-$126.33 M
|
-$55.32 M
|
$18.67 M
|
$103.54 M
|
$5.23 M
|
$117.22 M
|
| Net Income Ratio |
0.26
|
-0.08
|
-0.43
|
-0.25
|
-0.39
|
-0.18
|
0.05
|
0.28
|
0.01
|
0.19
|
| EPS |
0.81 |
-0.25 |
-1.22 |
-0.63 |
-1.39 |
-1.57 |
0.0974 |
0.84 |
0.06 |
1.31 |
| EPS Diluted |
0.8 |
-0.25 |
-1.11 |
-0.63 |
-1.39 |
-1.57 |
0.0876 |
0.84 |
0.06 |
1.3 |
| Weighted Average Shares Out |
$93.36 M
|
$92.70 M
|
$91.88 M
|
$91.05 M
|
$90.84 M
|
$90.65 M
|
$90.56 M
|
$100.72 M
|
$90.01 M
|
$89.75 M
|
| Weighted Average Shares Out Diluted |
$102.36 M
|
$101.38 M
|
$100.81 M
|
$91.05 M
|
$90.84 M
|
$90.65 M
|
$100.69 M
|
$100.72 M
|
$100.70 M
|
$100.50 M
|
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