VRE Q1 2025 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena

VREVeris Residential, Inc.

$2B

Q1 2025 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$68M+0.6% YoY

Gross Profit

$40M59.6% margin

Operating Income

$9M13.3% margin

Net Income

-$11M-15.8% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$13M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.7B

Stockholders' Equity

$1.1B

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$68M	$67M	+0.6%
Gross Profit	$40M	$38M	+6.0%
Operating Income	$9M	$7M	+31.5%
Net Income	-$11M	-$4M	-174.1%

Revenue Segments

Operating Leases

$62M91%

Parking

$4M6%

Real Estate, Other

$1M2%

Management Fees

$718,0001%