10q10k10q10k.net
Equity Residential

Equity ResidentialEQREarnings & Financial Report

NYSE · Real Estate · Multi-Family Residential REITs

Equity Residential is a United States–based publicly traded real estate investment trust that invests in apartments.

NextApr 30, 2026

EQR Q4 2025 Key Financial Metrics

Revenue

$781.9M

Gross Profit

N/A

Operating Profit

N/A

Net Profit

$382.1M

Gross Margin

N/A

Operating Margin

N/A

Net Margin

48.9%

YoY Growth

2.0%

EPS

$1.01

Financial Flow

Equity Residential Q4 2025 Financial Summary

Equity Residential reported revenue of $781.9M for Q4 2025, with a net profit of $382.1M (48.9% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$781.9M
Net Profit$382.1M
Gross MarginN/A
Operating MarginN/A
Report PeriodQ4 2025

Equity Residential Annual Revenue by Year

Equity Residential annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.1B).

YearAnnual Revenue
2025$3.1B
2024$3.0B
2023$2.9B
2022$2.7B

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$730.8M$734.2M$748.3M$766.8M$760.8M$768.8M$782.4M$781.9M
YoY Growth3.6%2.3%3.4%5.4%4.1%4.7%4.6%2.0%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$19.89B$19.78B$20.93B$20.83B$20.56B$21.03B$21.07B$20.75B
Liabilities$8.32B$8.27B$9.52B$9.25B$8.97B$9.50B$9.60B$9.34B
Equity$11.07B$10.98B$10.85B$11.04B$11.05B$11.01B$11.08B$11.04B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$421.0M$396.9M$401.4M$354.2M$425.5M$359.5M$476.7M$387.0M