Invitation HomesINVHEarnings & Financial Report
Invitation Homes Inc. is a public company traded on the New York Stock Exchange. It is headquartered in the Lincoln Center building in Dallas, Texas. Dallas B. Tanner is chief executive officer. As of 2017, the company was reportedly the largest owner of single-family rental homes in the United States. As of July 2024, the company owned about 84,000 rental homes in 16 markets. Seventeen percent of their rental income is from California.
INVH Q4 FY2025 Key Financial Metrics
Revenue
$685.3M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$144.6M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
21.1%
YoY Growth
4.0%
EPS
$0.24
Invitation Homes Q4 FY2025 Financial Summary
Invitation Homes reported revenue of $685.3M (up 4.0% YoY) for Q4 FY2025, with a net profit of $144.6M (up 1.0% YoY) (21.1% margin).
Key Financial Metrics
| Total Revenue | $685.3M |
|---|---|
| Net Profit | $144.6M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q4 FY2025 |
Invitation Homes Annual Revenue by Year
Invitation Homes annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.7B).
Invitation Homes Quarterly Revenue & Net Profit History
Invitation Homes 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 | $685.3M | +4.0% | $144.6M | 21.1% |
| Q3 FY2025 | $688.2M | +4.2% | $136.7M | 19.9% |
| Q2 FY2025 | $681.4M | +4.3% | $140.9M | 20.7% |
| Q1 FY2025 | $674.5M | +4.4% | $165.7M | 24.6% |
| Q4 FY2024 | $659.1M | +5.6% | $143.1M | 21.7% |
| Q3 FY2024 | $660.3M | +6.9% | $95.3M | 14.4% |
| Q2 FY2024 | $653.5M | +8.8% | $73.2M | 11.2% |
| Q1 FY2024 | $646.0M | +9.5% | $142.3M | 22.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $646.0M | $653.5M | $660.3M | $659.1M | $674.5M | $681.4M | $688.2M | $685.3M |
| YoY Growth | 9.5% | 8.8% | 6.9% | 5.6% | 4.4% | 4.3% | 4.2% | 4.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $19.21B | $19.24B | $19.63B | $18.70B | $18.58B | $18.66B | $18.78B | $18.68B |
| Liabilities | $9.04B | $9.17B | $9.68B | $8.91B | $8.82B | $8.96B | $9.12B | $9.11B |
| Equity | $10.13B | $10.03B | $9.92B | $9.76B | $9.72B | $9.67B | $9.63B | $9.53B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $265.6M | $369.8M | $313.6M | $132.8M | $300.5M | $382.5M | $394.6M | $128.7M |