Last quarter (Q3 2024), Veris Residential's total revenue was $68.17M, an increase of 2.56% from the same quarter last year. In Q3, Veris Residential's net income was $-9.69M. See Veris Residential’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 275.91M	$ 279.86M	$ 233.45M	$ 194.65M	$ 313.56M	$ 357.20M
Cost of Revenue	$ 40.26M	$ 122.84M	$ 111.38M	$ 95.44M	$ 141.39M	$ 17.88M
Gross Profit	$ 235.65M	$ 157.01M	$ 122.07M	$ 99.20M	$ 172.18M	$ 339.32M
Operating Expense	$ 132.05M	$ 138.06M	$ 52.80M	$ 71.25M	$ 68.31M	$ 70.41M
Operating Income	$ 111.35M	$ 96.80M	$ 14.55M	$ 85.27M	$ 62.17M	$ 381.46M
Net Non Operating Interest Income Expense	$ 136.36M	$ 133.62M	$ -66.38M	$ -65.19M	$ -80.99M	$ -90.57M
Other Income Expense	$ -49.04M	$ -42.03M	$ -1.07M	$ 50.19M	$ -309.53M	$ -344.33M
Pretax Income	$ -88.40M	$ -156.70M	$ -39.53M	$ -30.11M	$ 290.71M	$ 635.23M
Tax Provision	$ 473.00K	$ 492.00K	$ ―	$ ―	$ ―	$ ―
Earnings From Equity Interest Net Of Tax	$ 10.28M	$ 3.10M	$ 1.20M	$ -6.14M	$ 31.35M	$ -1.32M
Net Income Common Stockholders	$ -15.72M	$ -107.27M	$ -57.34M	$ -119.04M	$ -51.39M	$ 494.27M
Basic EPS	$ -0.16	$ -1.22	$ -0.63	$ -1.39	$ -0.70	$ 0.95
Diluted EPS	$ -0.16	$ -1.22	$ -0.63	$ -1.39	$ -0.70	$ 0.95
Basic Average Shares	$ 774.95M	$ 192.69M	$ 191.31M	$ 190.73M	$ 190.91M	$ 191.08M
Diluted Average Shares	$ 810.90M	$ 201.62M	$ 200.53M	$ 199.79M	$ 200.52M	$ 201.38M
Dividend Per Share	$ 0.24	$ 0.05	$ ―	$ ―	$ 0.40	$ 0.80
Total Operating Income As Reported	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Basic E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Diluted E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Rent Expense Supplemental	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Total Expenses	$ 172.31M	$ 260.91M	$ 61.72M	$ 86.05M	$ 82.03M	$ 88.29M
Net Income From Continuing And Discontinued Operation	$ -15.72M	$ -107.27M	$ -57.34M	$ -119.04M	$ -51.39M	$ 125.13M
Normalized Income	$ -6.89M	$ ―	$ -31.23M	$ -23.91M	$ ―	$ ―
Interest Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
EBIT	$ 18.86M	$ -17.56M	$ 26.85M	$ -109.76M	$ -34.51M	$ 725.80M
EBITDA	$ 126.06M	$ 100.66M	$ 112.28M	$ -41.23M	$ 87.53M	$ 1.13B

Currency in USD

Veris Residential Earnings and Revenue History

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