Essex Property Trust (ESS) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter increased from the preceding quarter but declined compared with the same quarter one year earlier. The quarterly trend shows a recovery in sequential revenue after the prior quarter's decrease.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter increased from the preceding quarter but declined compared with the same quarter one year earlier. The quarterly trend shows a recovery in sequential revenue after the prior quarter's decrease.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5M
Revenue reported for this quarter.
Quarter-over-quarter
+3.2%
Change from the immediately preceding quarter.
Year-over-year
-8.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$10M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $2.6M | -7.4% |
| Sep 30, 2024 | $2.6M | -8.0% |
| Dec 31, 2024 | $2.4M | -13.8% |
| Mar 31, 2025 | $2.5M | -8.1% |
Revenue performance
Reported revenue for the quarter moved higher relative to the immediately preceding quarter, reversing the prior sequential decline.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. However, compared with the same quarter one year earlier, revenue was lower.
What to watch
The year-over-year revenue decline continues, marking a pattern of lower revenue relative to the same quarter in the prior year for multiple periods.