AvalonBay Communities Inc

Real Estate · REIT - Residential

68.10$ +3.4% vs. previous close Closing price · As of: Aug 24, 2026

Statements

Income Statement

AvalonBay Communities Inc (AVB) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Revenue" came in at 3,039 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement AVB
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	83	179	371	506	573	523	534	610	648	655	721	767	814	830	843	900	1,001	1,463	1,685	1,856	2,045	2,159	2,285	2,325	2,301	2,295	2,593	2,768	2,914	3,039
Cost of Revenue	–	–	–	–	325	359	375	401	431	198	217	302	323	328	334	336	357	511	589	642	683	722	767	768	823	854	919	988	1,073	1,003
Gross Profit	83	179	371	506	573	523	534	610	648	457	504	464	491	502	509	564	644	952	1,096	1,214	1,362	1,436	1,518	1,557	1,478	1,441	1,674	1,780	1,840	2,036
Research & Development	–	–	–	–	–	–	–	–	–	–	–	–	–	5.8	0.0	3.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	12	3.2	17	0.0	–	–
Selling, General & Administrative	3.9	6.3	7.7	9.5	13	15	13	14	18	26	25	28	43	29	27	29	34	40	41	43	46	54	60	58	60	70	74	77	78	87
Total Operating Expenses	62	-96	223	298	325	298	-348	535	431	246	252	197	225	233	247	256	278	600	484	521	577	638	692	720	768	828	889	893	925	1,122
Operating Income	20	275	149	208	248	225	882	74	218	211	252	268	267	269	261	308	366	352	612	693	785	798	826	837	710	613	785	886	916	914
Interest Expense	0.0	0.0	0.0	0.0	0.0	0.0	121	135	131	127	111	98	115	150	175	168	137	172	181	176	188	200	221	204	214	220	230	206	227	259
Pre-Tax Income	–	–	145	–	213	250	174	272	220	322	278	248	411	201	98	166	265	58	669	744	1,034	877	974	799	824	1,010	1,151	939	1,083	1,055
Income Tax Expense	0.8	0.5	47	19	38	33	-47	-26	224	244	-7.9	-13	227	113	98	-105	-7.4	-138	9.4	1.9	0.3	0.1	-0.2	13	-3.2	5.7	15	10	0.4	-1.1
Net Income	20	39	94	172	211	249	174	272	220	322	278	358	411	156	175	442	424	353	684	742	1,034	877	975	786	828	1,004	1,137	929	1,082	1,053
EBITDA	39	306	229	322	374	363	1,034	232	385	374	416	449	466	487	483	535	631	790	1,292	1,397	1,753	1,661	1,826	1,664	1,746	1,989	2,196	1,962	2,156	2,228

Data as of: August 24, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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