Invitation Homes Inc. (INVH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	2.9B	2.7B	2.6B	2.4B	2.2B
Cost of Revenue	1.6B	2.6B	1.1B	976.1M	874.3M
Gross Profit	1.3B	100.7M	1.5B	1.5B	1.4B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	103.8M	95.3M	90.6M	82.3M	74.0M
General & Admin Expense	103.8M	95.3M	90.6M	82.3M	74.0M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	301.8M	(735.5M)	714.3M	674.3M	638.1M
Total Operating Expenses	405.6M	(640.2M)	804.9M	756.6M	712.1M
Cost and Expenses	2.0B	2.0B	1.9B	1.7B	1.6B
Operating Income (EBIT)	861.2M	741.0M	741.2M	699.5M	651.7M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	371.0M	353.3M	366.1M	333.5M	304.1M
Net Interest Income	(371.0M)	(353.3M)	(366.1M)	(333.5M)	(304.1M)
Other Non-Op Income/Expense	(253.1M)	(369.3M)	(285.9M)	(178.5M)	(266.9M)
Non-Operating Income (excl Interest)	(117.8M)	16.0M	(80.2M)	(155.0M)	(37.2M)
EBT (Pre-Tax Income)	608.0M	371.7M	455.4M	521.0M	384.8M
Income Tax Expense	—	—	—	—	—
Bottom Line
Net Income	660.6M	587.9M	453.9M	519.5M	383.3M
Earnings from Cont. Ops	608.0M	371.7M	455.4M	521.0M	384.8M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	658.8M	587.0M	453.2M	518.8M	382.7M
Per Share
Basic EPS	$1.09	$0.96	$0.74	$0.85	$0.63
Diluted EPS	$1.09	$0.96	$0.74	$0.85	$0.63
Revenue Per Share	$4.82	$4.45	$4.28	$3.98	$3.67
Shares
Basic Shares Outstanding	592.4M	612.9M	612.6M	611.9M	609.8M
Diluted Shares Outstanding	592.5M	613.2M	613.6M	613.3M	611.1M
Profitability Metrics
EBITDA	1.7B	1.5B	1.5B	1.5B	1.3B
D&A	765.8M	746.9M	714.3M	674.3M	638.1M
EBIT	979.0M	725.0M	821.4M	854.5M	688.9M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026