| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Land | 4,964,675 | 4,986,353 | 4,970,685 | 4,960,486 |
| Building and improvements | 17,794,164 | 17,789,827 | 17,731,477 | 17,588,206 |
| Total gross investments in the properties | 22,758,839 | 22,776,180 | 22,702,162 | 22,548,692 |
| Less accumulated depreciation | 5,643,977 | 5,501,558 | 5,345,858 | 5,186,763 |
| Investments in single-family residential properties, net | 17,114,862 | 17,274,622 | 17,356,304 | 17,361,929 |
| Cash and cash equivalents | 114,129 | 129,971 | 155,370 | 65,112 |
| Restricted cash | 258,850 | 224,894 | 240,298 | 218,612 |
| Goodwill | 314,154 | 258,207 | 258,207 | 258,207 |
| Investments in unconsolidated joint ventures | 250,572 | 254,561 | 255,867 | 232,614 |
| Rent receivables | 28,642 | NaN | NaN | NaN |
| Homebuilding receivables and contract assets | 28,237 | NaN | NaN | NaN |
| Construction and development loan receivables | 15,412 | NaN | NaN | NaN |
| Other receivables | 16,854 | NaN | NaN | NaN |
| Total receivables, net | 89,145 | NaN | NaN | NaN |
| Rent and other receivables, net | NaN | 59,947 | 66,429 | 63,454 |
| Prepaid expenses | 81,790 | 56,278 | 46,044 | 58,176 |
| Held for sale assets | 77,111 | 58,563 | 43,690 | 30,636 |
| Investments in equity and other securities | 63,605 | 63,122 | 62,240 | 60,944 |
| Intangible assets other than goodwill | 57,015 | NaN | NaN | NaN |
| Corporate fixed assets, net | 56,388 | 56,613 | 47,663 | 48,124 |
| Investments in debt securities, net | 55,060 | 54,972 | 54,884 | 54,796 |
| Rou lease assets operating and finance, net | 52,230 | 45,949 | 43,611 | 33,144 |
| Land and construction in progress | 31,536 | NaN | NaN | NaN |
| Amounts deposited and held by others | 23,321 | 39,419 | 64,523 | 84,896 |
| Investments in land held for development | NaN | 23,839 | NaN | NaN |
| Deferred financing costs, net | NaN | 17,230 | 18,832 | 20,434 |
| Derivative instruments (note 8) | 23,448 | 14,354 | 16,243 | 20,279 |
| Other | 37,925 | 47,749 | 52,571 | 50,648 |
| Other assets, net | 648,574 | 538,035 | 516,730 | 525,531 |
| Total assets | 18,701,141 | 18,680,290 | 18,782,776 | 18,662,005 |
| Secured debt, net | 1,384,686 | 1,384,114 | 1,383,541 | 1,382,965 |
| Unsecured notes, net | 4,400,877 | 4,398,921 | 4,396,973 | 3,803,985 |
| Term loan facilities, net | 2,456,807 | 2,451,985 | 2,449,770 | 2,447,555 |
| Revolving facility | 560,000 | 145,000 | 0 | 540,000 |
| Accounts payable and accrued expenses | 257,455 | 230,350 | 407,288 | 308,347 |
| Resident security deposits | 187,066 | 184,536 | 184,315 | 184,656 |
| Other liabilities | 325,587 | 317,492 | 297,939 | 289,201 |
| Total liabilities | 9,572,478 | 9,112,398 | 9,119,826 | 8,956,709 |
| Common stock, 0.01 par value per share, 9,000,000,000 shares authorized, 593,981,591 and 610,788,732 outstanding as of march31, 2026 and december31, 2025, respectively | 5,940 | 6,108 | 6,130 | 6,130 |
| Additional paid-in capital | 10,696,063 | 11,128,590 | 11,183,482 | 11,181,950 |
| Accumulated deficit | -1,629,420 | -1,610,981 | -1,571,463 | -1,531,350 |
| Accumulated other comprehensive income | 18,451 | 6,415 | 7,795 | 11,556 |
| Total stockholders equity | 9,091,034 | 9,530,132 | 9,625,944 | 9,668,286 |
| Non-controlling interests | 37,629 | 37,760 | 37,006 | 37,010 |
| Total equity | 9,128,663 | 9,567,892 | 9,662,950 | 9,705,296 |
| Total liabilities and equity | 18,701,141 | 18,680,290 | 18,782,776 | 18,662,005 |
Invitation Homes Inc. (INVH)
Invitation Homes Inc. (INVH)