Invitation Homes revenue and financials

INVH · NYSE · USD

$26.39+1.27%+$0.33

Close · October 6, 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

$922.59M2016
$1.05B2017
$1.72B2018
$1.76B2019
$1.82B2020
$2B2021
$2.24B2022
$2.43B2023
$2.62B2024
$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 · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	748	734	685	688	681	—	—	—	—	—	—	—
Cost of revenue	336	330	284	296	280	—	—	—	—	—	—	—
Gross profit	412	405	401	392	401	—	—	—	—	—	—	—
Selling, general and administrative	29.3	32.3	23.7	18.4	23.6	—	—	—	—	—	—	—
Operating income	188	179	187	185	192	—	—	—	—	—	—	—
EBIT	187	177	184	187	187	185	180	170	183	181	168	167
EBITDA	381	371	374	376	374	369	362	350	360	356	341	338
Interest expense	94.0	95.3	90.9	90.8	87.4	—	—	—	—	—	—	—
Pre-tax income	220	161	145	137	141	166	144	95.6	73.4	143	130	132
Net income	219	161	145	137	141	166	143	95.3	73.2	142	130	132
Net income to common shareholders	218	160	144	136	141	166	143	95.1	73.0	142	129	132
Basic EPS	0.37	0.26	0.24	0.22	0.23	0.27	0.23	0.16	0.12	0.23	0.21	0.22
Diluted EPS	0.37	0.26	0.24	0.22	0.23	0.27	0.23	0.15	0.12	0.23	0.21	0.21
Average shares (basic)	592	606	613	613	613	613	613	613	613	612	612	612
Average shares (diluted)	592	606	613	613	613	613	613	614	614	614	614	614
Dividend per share	0.30	0.30	0.30	0.29	0.29	0.29	0.29	0.28	0.28	0.28	0.28	0.26