The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 161,065 | 145,050 | 137,210 | 141,367 |
| Depreciation and amortization | 193,142 | 189,875 | 188,457 | 185,455 |
| Share-based compensation expense | 10,700 | 7,293 | 1,916 | 8,464 |
| Amortization of deferred financing costs | 8,052 | 5,444 | 5,354 | 5,723 |
| Amortization of debt discounts | 900 | 893 | 840 | 789 |
| Provisions for impairment | 469 | 223 | 335 | 36 |
| Gains on investments in equity and other securities, net | - | - | 380 | -90 |
| Gain on sale of property, net of tax | 87,094 | 54,463 | 45,515 | 46,591 |
| Change in fair value of derivative instruments | -541 | -553 | -611 | 2,421 |
| Losses from investments in unconsolidated joint ventures, net of operating distributions | -5,257 | -4,032 | 1,388 | -5,434 |
| Other non-cash amounts included in net income | -4,499 | 711 | -6,312 | -1,327 |
| Other assets, net | 24,450 | -1,652 | -7,149 | -10,447 |
| Accounts payable and accrued expenses | 20,047 | -173,777 | 96,097 | 73,599 |
| Resident security deposits | 2,530 | 221 | -341 | 972 |
| Other liabilities | -2,611 | 2,296 | -2,055 | -2,229 |
| Net cash provided by operating activities | 293,047 | 128,650 | 394,602 | 382,462 |
| Deposits for acquisition of single-family residential properties | - | - | -20,595 | -4,275 |
| Acquisition and initial renovations of single-family residential properties | 71,552 | 72,075 | 169,982 | 319,992 |
| Initial renovations to single-family residential properties | - | 6,263 | 6,758 | 8,102 |
| Other capital expenditures for single-family residential properties | 57,045 | 58,788 | 73,101 | 59,951 |
| Proceeds from sale of single-family residential properties | 185,161 | 124,300 | 106,114 | 105,020 |
| Acquisition of homebuilding platform (note16) | 91,076 | - | - | - |
| Investments in land and construction in progress | 8,879 | 20,197 | - | - |
| Repayment proceeds from retained debt securities | - | 0 | 0 | 0 |
| Investments in equity securities | - | 633 | 1,124 | 82 |
| Investments in unconsolidated joint ventures | 3,677 | 5,903 | 26,906 | 2,413 |
| Non-operating distributions from unconsolidated joint ventures | 2,409 | 3,177 | 5,041 | 7,057 |
| Fundings of construction loans | 10,063 | - | - | - |
| Other investing activities | -2,438 | 15,663 | 7,957 | 28,503 |
| Net cash used in investing activities | -52,284 | -81,574 | -154,078 | -302,691 |
| Payment of dividends and dividend equivalents | 184,518 | 178,016 | 178,020 | 178,565 |
| Distributions to non-controlling interests | 639 | 640 | 621 | 729 |
| Repurchases of common stock | 447,210 | 53,207 | - | - |
| Payment of taxes related to net share settlement of rsus | 3,951 | 6 | 226 | 729 |
| Payments on secured debt | 0 | -1 | 0 | 1,012 |
| Proceeds from unsecured notes | - | 0 | 596,862 | - |
| Proceeds from term loan facilities | - | 0 | 0 | - |
| Payments on term loan facilities | - | 0 | 0 | - |
| Proceeds from revolving facility | 415,000 | 145,000 | 130,000 | 170,000 |
| Payments on revolving facility | 0 | 0 | 670,000 | 100,000 |
| Deferred financing costs paid | 0 | 0 | 5,675 | 2,873 |
| Other financing activities | -1,331 | -1,011 | -900 | -769 |
| Net cash used in financing activities | -222,649 | -87,879 | -128,580 | -114,677 |
| Change in cash, cash equivalents, and restricted cash | 18,114 | -40,803 | 111,944 | -34,906 |
| Cash, cash equivalents, and restricted cash, beginning of period (note4) | 354,865 | 395,668 | 283,724 | 318,630 |
| Cash, cash equivalents, and restricted cash, end of period (note4) | 372,979 | 354,865 | 395,668 | 283,724 |
Invitation Homes Inc. (INVH)
Invitation Homes Inc. (INVH)