Invitation Homes revenue and financials

INVH · NYSE · USD

$26.04Change from previous close: −1.36%Absolute change: −$0.36

Close · October 2, 2026

In the fiscal year ended December 2025, Invitation Homes reported revenue of $2.73B (+4.21% year over year). Net income was $587.92M, a net margin of 21.5%.

Annual revenue · 2025: $2.73B
  1. $922.59M2016
  2. $1.05B2017
  3. $1.72B2018
  4. $1.76B2019
  5. $1.82B2020
  6. $2B2021
  7. $2.24B2022
  8. $2.43B2023
  9. $2.62B2024
  10. $2.73B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+4.21%
2025 vs 2024
Net income growth
+29.52%
2025 vs 2024
Net margin
21.5%
2024: 17.3%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
Item2025202420232022202120202019201820172016
Total revenue2,7292,6192,4322,2381,9971,8231,7651,7231,054923
Cost of revenue1,1351,073976874——————
Gross profit1,5951,5461,4561,364——————
Selling, general and administrative95.390.682.374.0——————
Operating income752741700652————118191
EBIT943821854689——————
EBITDA1,6901,5361,5291,327——————
Interest expense353366333304323354367384257286
Pre-tax income590455521385——————
Income tax——0.30.20.60.92.51.2——
Net income588454519383261196145-4.9-105-78.2
Net income to common shareholders587453519383——————
Basic EPS0.960.740.850.630.450.350.27-0.01——
Diluted EPS0.960.740.850.630.450.350.27-0.01——
Average shares (basic)613613612610——————
Average shares (diluted)613614613611579555532520——