For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues | - | 52,683* | - | - |
| Real estate taxes | - | 9,590* | - | - |
| Utilities | - | 2,323* | - | - |
| Operating services | - | 11,991* | - | - |
| Property management | - | 4,168* | - | - |
| General and administrative | - | 9,188* | - | - |
| Transaction-related costs | - | 938* | - | - |
| Depreciation and amortization | - | 21,566* | - | - |
| Land and other impairments, net | - | 4,496* | - | - |
| Total expenses | - | 64,259* | - | - |
| Interest expense | - | 22,145* | - | - |
| Interest cost of mandatorily redeemable noncontrolling interests | - | 0* | - | - |
| Interest and other investment income | - | 93* | - | - |
| Equity in earnings (losses) of unconsolidated joint ventures | - | 1,314* | - | - |
| Realized gains (losses) and unrealized gains (losses) on disposition of rental property, net | - | 22,708* | - | - |
| Gain (loss) on disposition of developable land | - | 8,510* | - | - |
| Gain (loss) on sale of unconsolidated joint venture interests | - | 1,281* | - | - |
| Gain (loss) from extinguishment of debt, net | - | -882* | - | - |
| Total revenues | 70,102 | - | - | - |
| Other income (expense), net | - | 37* | - | - |
| Total expenses | 68,041 | - | - | - |
| Total other income (expense), net | - | 10,915* | - | - |
| Total other (expense) income, net | -17,592 | - | - | - |
| Income (gain) from continuing operations before income tax expense | -15,531 | -661 | - | - |
| Provision for income taxes | 69 | 61 | - | - |
| Net income (gain) from continuing operations | -15,600 | -722 | 77,544 | 11,870 |
| Income (loss) from discontinued operations | - | 224 | - | - |
| Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net | - | 0 | - | - |
| Income (loss) from discontinued operations | 0 | 224 | 3,782 | -27 |
| Net income (gain) | -15,600 | -498 | 81,326 | 11,843 |
| Noncontrolling interests in consolidated joint ventures | -400 | -357 | -907 | -149 |
| Noncontrolling interests in operating partnership of income (gain) from continuing operations | -1,273 | -38 | 6,596 | 1,009 |
| Noncontrolling interests in operating partnership in discontinued operations | 0 | 19 | 319 | -2 |
| Redeemable noncontrolling interests | 81 | 81 | 81 | 81 |
| Net income (gain) available to common shareholders | -14,008 | -203 | 75,237 | 10,904 |
| Basic EPS | -0.15 | -0.002 | 0.81 | 0.12 |
| Diluted EPS | -0.15 | -0.002 | 0.8 | 0.12 |
| Basic Average Shares | 93,595,000 | 93,493,000 | 93,476,000 | 93,392,000 |
| Diluted Average Shares | 102,136,000 | 103,010,000 | 102,493,000 | 102,259,000 |
Veris Residential, Inc. (VRE)
Veris Residential, Inc. (VRE)