Income Statement - AVALONBAY COMMUNITIES INC (AVB)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,038.86 | 2,913.76 | 2,767.91 | 2,593.45 | 2,294.85 | 2,301.26 | 2,324.63 | 2,284.54 | 2,158.63 | 2,045.26 | 1,856.03 | 1,685.06 | 1,462.92 | 1,000.63 | 900.09 | 842.82 | 829.92 | 814.22 | 766.66 | 721.43 |
| Cost of revenue | 1,002.98 | 1,073.46 | 988.13 | 919.11 | 853.94 | 823.10 | 768.11 | 766.56 | 722.30 | 683.27 | 642.25 | 589.31 | 511.02 | 356.91 | 335.84 | 334.12 | 327.74 | 322.80 | 302.25 | 217.13 |
| Gross profit | 2,035.88 | 1,840.30 | 1,779.78 | 1,674.33 | 1,440.91 | 1,478.16 | 1,556.52 | 1,517.98 | 1,436.33 | 1,361.98 | 1,213.78 | 1,095.76 | 951.90 | 643.72 | 564.25 | 508.70 | 502.18 | 491.43 | 464.41 | 504.30 |
| Total operating expenses | 1,122.02 | 924.55 | 893.50 | 889.04 | 828.21 | 767.67 | 719.62 | 691.57 | 637.85 | 577.21 | 520.70 | 484.11 | 599.79 | 277.78 | 256.10 | 247.41 | 233.23 | 224.69 | 196.82 | 252.00 |
| Operating income | 913.86 | 915.75 | 886.28 | 785.29 | 612.70 | 710.49 | 836.90 | 826.41 | 798.48 | 784.78 | 693.09 | 611.65 | 352.11 | 365.94 | 308.15 | 261.29 | 268.95 | 266.74 | 267.60 | 252.30 |
| Non-operating income (net) | 141.61 | 166.87 | 52.31 | 365.79 | 397.39 | 113.97 | -37.79 | 147.76 | 78.18 | 249.24 | 50.51 | 56.87 | -294.29 | -101.19 | -142.21 | -163.22 | -68.13 | 144.75 | -19.93 | 26.10 |
| Income before tax | 1,055.46 | 1,082.62 | 938.59 | 1,151.08 | 1,010.09 | 824.46 | 799.11 | 974.18 | 876.66 | 1,034.01 | 743.59 | 668.52 | 57.83 | 264.76 | 165.94 | 98.07 | 200.83 | 411.49 | 247.67 | 278.40 |
| Income tax expense | -1.14 | 0.45 | 10.15 | 14.65 | 5.73 | -3.25 | 13.00 | -0.16 | 0.14 | 0.31 | 1.86 | 9.37 | -138.06 | -7.35 | -105.23 | 97.95 | 113.32 | 227.48 | -13.49 | -7.91 |
| Net income | 1,052.55 | 1,081.99 | 928.83 | 1,136.78 | 1,004.30 | 827.63 | 785.97 | 974.53 | 876.92 | 1,034.00 | 742.04 | 683.57 | 353.14 | 423.87 | 441.62 | 175.33 | 155.65 | 411.49 | 358.16 | 278.40 |
Show Quarterly Income Statement
Income Statement - AVALONBAY COMMUNITIES INC (AVB)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 770.28 | 767.86 | 764.93 | 760.20 | 745.88 | 740.55 | 734.31 | 726.04 | 712.86 | 704.71 | 697.64 | 690.86 | 674.71 | 669.67 | 665.29 | 644.56 | 613.93 | 601.20 | 580.77 | 561.74 | 551.14 | 555.80 | 567.40 | 576.41 | 602.27 | 593.57 | 587.61 | 577.26 | 566.18 | 578.52 | 575.98 | 569.24 | 560.79 | 555.29 | 550.50 | 530.51 | 522.33 | 518.24 | 516.21 | 502.31 | 508.50 | 480.84 | 475.36 | 457.46 | 442.37 | 440.65 | 430.53 | 413.81 | 400.08 | 382.45 | 389.19 | 378.21 | 301.36 | 257.38 | 261.32 | 252.45 | 246.03 | 241.09 | 243.72 | 235.58 | 228.53 | 231.89 | 225.56 | 220.34 | 215.45 | 193.74 | 215.04 | 212.26 | 209.73 | 220.35 | 215.39 | 211.19 | 204.17 | 212.39 | 196.53 | 190.92 | 188.62 | 193.80 | 183.65 | 179.08 | 175.16 |
| Cost of revenue | 248.60 | 243.92 | 213.23 | 276.97 | 268.86 | 281.65 | 275.46 | 260.65 | 255.70 | 250.38 | 253.59 | 244.84 | 239.33 | 229.14 | 240.67 | 227.25 | 222.05 | 211.05 | 221.04 | 212.40 | 209.46 | 213.14 | 212.84 | 198.10 | 199.64 | 190.39 | 197.82 | 195.11 | 184.78 | 192.74 | 193.47 | 190.83 | 191.15 | 181.81 | 187.29 | 180.25 | 175.97 | 169.44 | 177.13 | 170.01 | 166.69 | 158.24 | 166.07 | 157.98 | 159.95 | 152.57 | 150.21 | 143.50 | 143.03 | 135.90 | 139.04 | 128.88 | 103.73 | 99.14 | 92.95 | 91.28 | 88.21 | 87.76 | 92.01 | 87.22 | 87.91 | 93.06 | 89.79 | 88.89 | 88.07 | 81.06 | 87.79 | 85.95 | 83.67 | 149.13 | 83.51 | 80.16 | 59.75 | 135.22 | 58.64 | 118.79 | 118.93 | 122.36 | 117.16 | 115.47 | 114.14 |
| Gross profit | 521.68 | 523.94 | 551.70 | 483.22 | 477.02 | 458.90 | 458.85 | 465.39 | 457.16 | 454.33 | 444.05 | 446.03 | 435.38 | 440.53 | 424.62 | 417.31 | 391.88 | 390.15 | 359.74 | 349.35 | 341.68 | 342.66 | 354.56 | 378.30 | 402.63 | 403.18 | 389.79 | 382.15 | 381.40 | 385.78 | 382.52 | 378.41 | 369.64 | 373.48 | 363.21 | 350.26 | 346.35 | 348.80 | 339.08 | 332.30 | 341.81 | 322.60 | 309.29 | 299.48 | 282.41 | 288.08 | 280.32 | 270.31 | 257.05 | 246.55 | 250.15 | 249.33 | 197.63 | 158.24 | 168.38 | 161.17 | 157.82 | 153.33 | 151.71 | 148.36 | 140.62 | 138.83 | 135.76 | 131.46 | 127.38 | 112.68 | 127.26 | 126.31 | 126.07 | 71.23 | 131.88 | 44.40 | 144.42 | 212.39 | 137.90 | 190.92 | 188.62 | 193.80 | 183.65 | 179.08 | 175.16 |
| Total operating expenses | 303.15 | 295.84 | 333.79 | 254.73 | 237.67 | 233.23 | 232.21 | 226.51 | 232.60 | 228.69 | 221.45 | 218.22 | 225.14 | 227.97 | 221.27 | 220.59 | 219.21 | 213.52 | 211.10 | 202.94 | 200.65 | 191.29 | 189.33 | 191.82 | 195.23 | 183.97 | 178.23 | 181.66 | 175.76 | 173.27 | 171.28 | 171.89 | 173.49 | 168.97 | 156.65 | 155.39 | 153.83 | 150.45 | 143.66 | 144.48 | 138.62 | 132.04 | 130.65 | 128.96 | 127.32 | 124.76 | 123.13 | 120.62 | 115.60 | 110.69 | 169.75 | 201.32 | 115.60 | 70.30 | 71.12 | 71.54 | 71.28 | 69.44 | 66.98 | 68.98 | 66.94 | 67.49 | 64.97 | 61.36 | 64.87 | 86.08 | 58.74 | 56.56 | 56.26 | 10.09 | 58.02 | 57.03 | 73.06 | 141.99 | 67.49 | 122.03 | 121.23 | 121.77 | 117.16 | 118.20 | 115.14 |
| Operating income | 218.54 | 228.10 | 217.91 | 228.50 | 239.35 | 225.67 | 226.64 | 238.88 | 224.56 | 225.64 | 222.60 | 227.80 | 210.24 | 212.56 | 203.35 | 196.71 | 172.67 | 176.63 | 148.63 | 146.41 | 141.03 | 151.38 | 165.23 | 186.48 | 207.40 | 219.21 | 211.56 | 200.49 | 205.64 | 212.52 | 211.23 | 206.52 | 196.15 | 204.52 | 206.57 | 194.87 | 192.53 | 198.35 | 195.43 | 187.82 | 203.19 | 190.56 | 178.64 | 170.52 | 155.09 | 163.32 | 157.19 | 149.69 | 141.45 | 135.86 | 80.40 | 48.01 | 82.03 | 87.95 | 97.25 | 89.63 | 86.54 | 83.89 | 84.73 | 79.38 | 73.68 | 71.34 | 70.80 | 70.10 | 62.51 | 26.60 | 68.52 | 69.75 | 69.81 | 61.14 | 73.87 | 74.00 | 71.36 | 70.39 | 70.40 | 68.90 | 67.38 | 72.03 | 66.48 | 60.88 | 60.02 |
| Non-operating income (net) | 109.46 | -62.41 | 166.06 | 40.83 | -2.87 | 56.17 | 146.67 | 15.06 | -51.03 | 18.86 | -46.44 | 139.79 | -59.90 | 35.29 | 296.94 | -58.31 | 91.88 | 162.96 | -67.61 | 301.58 | 0.45 | 187.56 | -17.54 | -16.74 | -39.30 | -49.71 | 79.33 | -32.19 | -35.22 | 173.12 | -18.83 | 48.03 | -54.56 | 32.97 | 31.63 | -29.68 | 43.26 | 44.05 | 160.92 | 9.54 | 34.73 | -34.99 | 27.47 | 3.03 | 52.96 | -11.45 | 83.81 | 22.50 | -38.03 | -47.65 | -94.50 | -45.96 | -93.50 | -19.71 | -10.51 | -29.01 | -29.86 | -34.42 | -38.25 | -43.78 | -43.14 | 76.53 | -44.59 | -19.03 | 9.85 | 1.04 | -10.42 | -53.03 | 6.40 | 350.35 | 159.71 | -22.95 | 3.48 | 287.77 | -70.40 | -68.89 | 46.70 | 206.37 | -21.41 | -27.89 | 54.05 |
| Income before tax | 328.00 | 165.69 | 383.97 | 269.32 | 236.48 | 281.84 | 373.30 | 253.95 | 173.54 | 244.50 | 176.16 | 367.59 | 150.34 | 247.85 | 500.28 | 138.41 | 264.55 | 339.60 | 81.03 | 447.99 | 141.48 | 338.94 | 147.69 | 169.74 | 168.10 | 169.50 | 290.89 | 168.31 | 170.42 | 385.64 | 192.41 | 254.54 | 141.59 | 237.49 | 238.20 | 165.19 | 235.78 | 242.39 | 356.35 | 197.36 | 237.91 | 155.57 | 206.12 | 173.55 | 208.05 | 151.86 | 241.00 | 172.20 | 103.42 | 88.21 | -14.11 | 2.05 | -11.47 | 68.24 | 86.75 | 60.62 | 56.69 | 49.47 | 46.49 | 35.61 | 30.54 | 147.87 | 26.21 | 51.07 | 72.37 | 27.64 | 58.10 | 16.72 | 76.21 | 411.49 | 233.58 | 51.05 | 74.84 | 358.16 | 0.00 | 0.00 | 114.08 | 278.40 | 45.08 | 32.99 | 114.08 |
| Income tax expense | -0.29 | -0.30 | -0.19 | -0.53 | -0.12 | -0.25 | 0.78 | -0.06 | -0.02 | 2.44 | 4.37 | -0.22 | 3.56 | 6.68 | 5.65 | -0.16 | 2.47 | 4.30 | 2.18 | 0.01 | -0.76 | -2.18 | -0.03 | -1.13 | 0.09 | 1.83 | 11.18 | 50.23 | 0.01 | -0.25 | 0.03 | 0.06 | 56.80 | 0.04 | 0.02 | 0.06 | 0.02 | 0.21 | 0.02 | 0.04 | 0.04 | 0.22 | 0.04 | 1.29 | 80.05 | 9.33 | 176.87 | 65.54 | 8.46 | 124.45 | 42.77 | 6.97 | -68.30 | -8.43 | 19.69 | -63.38 | 33.74 | 5.91 | 45.97 | 39.43 | 44.97 | 122.09 | 44.01 | 18.76 | -10.13 | -8.49 | 15.62 | 60.38 | 29.10 | 409.37 | -128.68 | 3.73 | 26.36 | 226.34 | -95.69 | -15.13 | 23.87 | 229.12 | 25.98 | 32.65 | -17.32 |
| Net income | 325.73 | 165.99 | 381.31 | 268.67 | 236.60 | 282.09 | 372.52 | 253.93 | 173.45 | 241.97 | 172.03 | 367.92 | 146.90 | 241.29 | 494.75 | 138.44 | 262.04 | 334.55 | 78.75 | 447.05 | 141.90 | 340.33 | 147.36 | 170.44 | 167.54 | 167.24 | 278.97 | 167.85 | 169.87 | 384.62 | 191.93 | 253.94 | 141.21 | 236.90 | 237.58 | 164.76 | 235.22 | 241.66 | 355.52 | 196.93 | 237.30 | 155.10 | 205.68 | 171.88 | 207.62 | 141.97 | 240.73 | 157.83 | 141.51 | 251.82 | -10.72 | 36.16 | 75.29 | 122.36 | 86.66 | 156.36 | 57.50 | 323.09 | 44.82 | 43.37 | 30.34 | 27.03 | 24.65 | 51.13 | 72.52 | 32.39 | 58.15 | 17.67 | 47.75 | 2.12 | 231.41 | 122.98 | 46.28 | 129.65 | 126.59 | 46.70 | 44.35 | 47.10 | 39.94 | 64.83 | 108.94 |