Apartment Investment and Management Company (AIV) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 0 | 34.64M | 35.13M | 52.76M | 52.35M | 54.17M | 35.33M | 51.15M | 50.2M | 49.35M | 47.7M | 45.67M | 44.44M | 41.97M | 47.84M | 50.74M | 50.25M | 47.69M | 42.89M | 40.42M |
| Revenue Growth % | -100% | -36.06% | -0.55% | 3.15% | 4.28% | 9.76% | -25.94% | 11.98% | 12.96% | 17.59% | -0.29% | -9.99% | -11.56% | -12% | 11.54% | 25.54% | 26.24% | 20.88% | 14.91% | 8.75% |
| Property Operating Expenses | 0 | 17.16M | 16.89M | 23.19M | 23.07M | 23.89M | 17.66M | 22.56M | 21.2M | 19.06M | 18.33M | 18.78M | 17.5M | 15.41M | 17.45M | 19.71M | 19.22M | 16.11M | 18.16M | 16.4M |
| Net Operating Income (NOI) | 0 | 17.48M | 18.24M | 29.57M | 29.29M | 30.28M | 17.67M | 28.59M | 29M | 30.29M | 29.37M | 26.89M | 26.94M | 26.56M | 30.39M | 31.03M | 31.03M | 31.58M | 24.74M | 24.02M |
| NOI Margin % | - | 50.45% | 51.92% | 56.04% | 55.94% | 55.9% | 50.02% | 55.9% | 57.77% | 61.37% | 61.58% | 58.88% | 60.61% | 63.29% | 63.52% | 61.16% | 61.75% | 66.22% | 57.67% | 59.42% |
| Operating Expenses | 13.14M | 23.88M | 23.75M | 24.16M | 24.6M | 30.2M | 29.13M | 29.69M | 28.02M | 26.11M | 8.2M | 7.89M | 8.4M | 25.98M | 10.81M | 8.96M | 9.47M | 10.59M | 8.87M | 7.38M |
| G&A Expenses | 8.18M | 10.52M | 7.52M | 7.8M | 8.18M | 8.96M | 7.75M | 7.58M | 8.55M | 8.38M | 8.2M | 7.89M | 8.4M | 10.43M | 10.81M | 8.96M | 9.47M | 10.59M | 8.87M | 7.38M |
| EBITDA | -9.1M | 6.95M | 10.72M | 21.77M | 21.11M | 21.32M | 9.92M | 21.01M | 20.45M | 21.91M | 38.98M | 36.03M | 34.81M | -195.1M | 105.02M | 56.94M | 44.67M | 42.64M | 37.58M | 37.27M |
| EBITDA Margin % | - | 20.07% | 30.5% | 41.26% | 40.32% | 39.36% | 28.08% | 41.08% | 40.74% | 44.4% | 81.72% | 78.89% | 78.32% | -464.86% | 219.51% | 112.21% | 88.91% | 89.4% | 87.61% | 92.21% |
| Depreciation & Amortization | 12.05M | 13.36M | 16.22M | 16.36M | 16.42M | 21.24M | 21.38M | 22.11M | 19.47M | 17.73M | 17.8M | 17.03M | 16.27M | 15.55M | 85.44M | 34.86M | 23.12M | 21.65M | 21.71M | 20.64M |
| D&A / Revenue % | - | 38.56% | 46.17% | 31.02% | 31.37% | 39.2% | 60.51% | 43.23% | 38.78% | 35.92% | 37.32% | 37.29% | 36.61% | 37.05% | 178.59% | 68.71% | 46.01% | 45.39% | 50.61% | 51.06% |
| Operating Income | -21.15M | -6.4M | -5.51M | 5.41M | 4.69M | 83K | -11.46M | -1.1M | 987K | 4.18M | 21.18M | 19M | 18.54M | -210.65M | 19.58M | 22.07M | 21.56M | 20.99M | 15.87M | 16.63M |
| Operating Margin % | - | -18.49% | -15.67% | 10.24% | 8.95% | 0.15% | -32.43% | -2.14% | 1.97% | 8.47% | 44.39% | 41.6% | 41.71% | -501.91% | 40.92% | 43.5% | 42.9% | 44.01% | 37% | 41.15% |
| Interest Expense | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | -1.81x | 7.70x | -0.39x | 0.30x | 0.32x | 0.52x | -0.78x | -0.07x | 0.26x | -14.40x | 0.41x | 0.20x | 0.23x | -25.63x | -6.78x | -0.31x | -0.11x | -0.04x | -0.46x | -0.32x |
| Non-Operating Income | 0 | -123.51M | 59.89M | -1.19M | -955K | -10.78M | 3.38M | 45.38M | -2.46M | 149.39M | 17.8M | 17.03M | 16.27M | -6.21M | 85.44M | 34.86M | 23.12M | 21.65M | 21.71M | 20.64M |
| Pretax Income | -21.24M | 101.89M | -79.43M | -11.4M | -11.8M | -9.98M | -31.16M | -63.29M | -9.93M | -155.3M | -4.54M | -273K | -9.95M | -212.41M | 16.61M | 299.17M | 6.06M | -4.87M | -6.87M | -23.15M |
| Pretax Margin % | - | 294.15% | -226.09% | -21.62% | -22.53% | -18.42% | -88.2% | -123.74% | -19.77% | -314.67% | -9.51% | -0.6% | -22.39% | -506.12% | 34.72% | 589.6% | 12.05% | -10.21% | -16.01% | -57.27% |
| Income Tax | 85K | -62.97M | -116K | 5.57M | -85K | -2.34M | -3.81M | -2.19M | -2.73M | -1.93M | -6.21M | -417K | -4.2M | -7.07M | -17.56M | 45.96M | -4.06M | -3.69M | -2.02M | -2.76M |
| Effective Tax Rate % | -0.4% | -61.8% | 0.15% | -48.85% | 0.72% | 23.46% | 12.24% | 3.46% | 27.5% | 1.24% | 136.9% | 152.75% | 42.18% | 3.33% | -105.74% | 15.36% | -66.97% | 75.73% | 29.43% | 11.92% |
| Net Income | -13.92M | 300.52M | 286.71M | -19.3M | -13.92M | -9.82M | -21.94M | -60.53M | -10.19M | -151.5M | -2.26M | -3.6M | -8.82M | -205.34M | 29.47M | 239.14M | 8.21M | -1.42M | -5.02M | -19.69M |
| Net Margin % | - | 867.57% | 816.1% | -36.59% | -26.58% | -18.13% | -62.09% | -118.34% | -20.29% | -306.98% | -4.74% | -7.89% | -19.84% | -489.26% | 61.6% | 471.29% | 16.34% | -2.97% | -11.69% | -48.72% |
| Net Income Growth % | 0% | 3160.24% | 1407.04% | 68.1% | -36.62% | 93.52% | -870.62% | -1580.34% | -15.53% | 26.22% | -107.67% | -101.51% | -207.41% | -14380.82% | 687.56% | 1314.51% | -59.39% | 90.25% | -349.43% | -742.83% |
| Funds From Operations (FFO) | -1.86M | 313.87M | 302.94M | -2.94M | 2.5M | 11.42M | -560K | -38.42M | 9.28M | -133.77M | 15.54M | 13.43M | 7.45M | -189.79M | 114.91M | 274M | 31.33M | 20.23M | 16.69M | 949K |
| FFO Margin % | - | 906.12% | 862.28% | -5.58% | 4.78% | 21.07% | -1.59% | -75.11% | 18.49% | -271.05% | 32.59% | 29.4% | 16.77% | -452.21% | 240.19% | 540% | 62.34% | 42.41% | 38.92% | 2.35% |
| FFO Growth % | -174.29% | 2649.4% | 54195.54% | 92.34% | -73.01% | 108.53% | -103.6% | -386.07% | 24.52% | 29.52% | -86.47% | -95.1% | -76.21% | -1038.21% | 588.38% | 28772.53% | -23.46% | 251.87% | -21.65% | -95.7% |
| FFO per Share | -0.01 | 2.23 | 2.18 | -0.02 | 0.02 | 0.08 | -0.00 | -0.27 | 0.07 | -0.95 | 0.11 | 0.09 | 0.05 | -1.28 | 0.76 | 1.82 | 0.21 | 0.14 | 0.11 | 0.01 |
| FFO Payout Ratio % | 0% | 104.29% | 0% | 0% | 3521.48% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 2.65% | 0% | 0% | 0% | 0% | 0% |
| EPS (Diluted) | -0.10 | 2.07 | 2.04 | -0.14 | -0.10 | -0.08 | -0.16 | -0.43 | -0.07 | -1.07 | -0.02 | -0.03 | -0.04 | -1.38 | 0.19 | 1.57 | 0.05 | -0.01 | -0.03 | -0.13 |
| EPS Growth % | 0% | 2593.98% | 1375% | 67.44% | -38.12% | 92.24% | -912.66% | -1620% | -83.29% | 22.46% | -108.32% | -101.59% | -172.34% | - | 667.16% | 1307.69% | -61% | 96.35% | -348.15% | -731.07% |
| EPS (Basic) | -0.10 | 2.15 | 2.04 | -0.14 | -0.10 | -0.08 | -0.16 | -0.43 | -0.07 | -1.07 | -0.02 | -0.03 | -0.04 | -1.38 | 0.20 | 1.58 | 0.05 | -0.01 | -0.03 | -0.13 |
| Diluted Shares Outstanding | 136.9M | 141.06M | 138.95M | 137.34M | 136.9M | 136.66M | 136.75M | 139.82M | 140.59M | 141.2M | 143.3M | 144.19M | 145.83M | 148.75M | 151.2M | 150.42M | 150.35M | 149.48M | 149.76M | 149.17M |