Financial Results | Avalonbay 2025 Half-Year Revenue USD 1506.08 Million Net Income USD 506.45 Million

Avalonbay(AVB) posted the Q2 of its 2025 financial results on 7/30/2025, reporting total revenue of USD 1506.08 million in the first half of the year, up 4.67% from USD 1438.90 million year over year, reporting net income of USD 506.45 million in the first half of the year, up 18.45% from USD 427.56 million year over year. The EPS is USD 3.55 in the first half of the year, compare with USD 3 last period.

[Detailed Data]

Million USD	Q2 2025	Q1 2025	Q4 2024	Q3 2024
Total Revenue	760.20	745.88	740.55	734.31
Operating Income	225.15	234.61	214.56	225.06
Net Income	269.86	236.60	282.09	372.52
Net Income Attributable to Common Shareholders	268.67	236.60	282.09	372.52
EPS(USD)	1.89	1.66	1.98	2.62

[Company Profile]
Avalonbay Communities, Inc. was incorporated under the laws of the State of California in 1978.The company was primarily engaged in developing, acquiring, owning and operating apartment communities in high barrier to entry markets of the United States. The company believes that apartment communities are an attractive long-term investment opportunity compared to real estate investments, because a broad potential resident base should help reduce demand volatility over a real estate cycle. However, throughout the real estate cycle, apartment market fundamentals, and therefore operating cash flows, are affected by overall economic conditions. The company seeks to create long-term shareholder value by accessing capital on cost effective terms; deploying that capital to develop, redevelop and acquire apartment communities in high barrier to entry markets; operating apartment communities; and selling communities when pricing is attractive or when they no longer meet its long-term investment strategy. Barriers to entry in the company's markets generally include a difficult and lengthy entitlement process with local jurisdictions and dense urban or suburban areas where zoned and entitled land is in limited supply.