Bluerock Homes Trust, Inc.BHMEarnings & Financial Report
Bluerock Homes Trust, Inc. is a U.S.-headquartered real estate investment trust that acquires, owns and operates a portfolio of high-quality single-family rental residential properties. It caters to middle-market renters across high-growth suburban markets, prioritizing regions with strong demographic fundamentals and sustained rental housing demand.
Revenue
$16.8M
Gross Profit
N/A
Operating Profit
$-5.2M
Net Profit
$-5.8M
Gross Margin
N/A
Operating Margin
-30.9%
Net Margin
-34.7%
YoY Growth
34.2%
EPS
$-0.66
Bluerock Homes Trust, Inc. Q2 FY2025 Financial Summary
Bluerock Homes Trust, Inc. reported revenue of $16.8M (up 34.2% YoY) for Q2 FY2025, with a net profit of $-5.8M (down 12.7% YoY) (-34.7% margin).
Key Financial Metrics
| Total Revenue | $16.8M |
|---|---|
| Net Profit | $-5.8M |
| Gross Margin | N/A |
| Operating Margin | -30.9% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Bluerock Homes Trust, Inc. Q2 FY2025 revenue of $16.8M breaks down across 2 segments, led by Residential Communities Segment at $8.9M (53.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Residential Communities Segment | $8.9M | 53.1% |
| Scattered Single Family Homes Segment | $7.8M | 46.4% |
Bluerock Homes Trust, Inc. Revenue by Segment — Quarterly Trend
Bluerock Homes Trust, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Residential Communities Segment and Scattered Single Family Homes Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Residential Communities Segment | $11.4M | $9.1M | $8.9M | — |
| Scattered Single Family Homes Segment | $7.5M | $7.5M | $7.8M | $7.8M |
Bluerock Homes Trust, Inc. Annual Revenue by Year
Bluerock Homes Trust, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $68.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $68.7M |
| 2024 | $50.3M |
| 2023 | $41.1M |
Bluerock Homes Trust, Inc. Quarterly Revenue & Net Profit History
Bluerock Homes Trust, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $18.9M | +35.9% | $-9.5M | -50.1% |
| Q3 FY2025 | $16.6M | +30.7% | $-10.0M | -60.0% |
| Q2 FY2025 | $16.8M | +34.2% | $-5.8M | -34.7% |
| Q1 FY2025 | $16.4M | +46.9% | $-7.3M | -44.7% |
| Q4 FY2024 | $13.9M | +32.5% | $-7.3M | -52.8% |
| Q3 FY2024 | $12.7M | +24.8% | $3.5M | 27.9% |
| Q2 FY2024 | $12.5M | +21.9% | $-5.2M | -41.3% |
| Q1 FY2024 | $11.2M | +10.2% | $-3.2M | -28.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.2M | $12.5M | $12.7M | $13.9M | $16.4M | $16.8M | $16.6M | $18.9M |
| YoY Growth | 10.2% | 21.9% | 24.8% | 32.5% | 46.9% | 34.2% | 30.7% | 35.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $727.4M | $756.2M | $800.8M | $967.0M | $186.2M | $220.3M | $222.1M | $1.15B |
| Liabilities | $238.2M | $239.8M | $245.4M | $398.1M | $2.7M | $2.6M | $2.8M | $462.6M |
| Equity | $144.5M | $142.5M | $142.9M | $139.1M | $137.1M | $135.3M | $131.7M | $128.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.1M | $1.3M | $1.7M | $9.1M | $951000 | $13.9M | $13.4M | $27.8M |