Essex Property Trust (ESS) Revenue — Quarter Ended Sep 30, 2025
Revenue for the quarter increased sequentially but declined compared to the same period last year. The sequential gain reversed a prior-quarter drop, while the year-over-year decrease extended a pattern of lower revenue relative to the prior year.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue for the quarter increased sequentially but declined compared to the same period last year. The sequential gain reversed a prior-quarter drop, while the year-over-year decrease extended a pattern of lower revenue relative to the prior year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4M
Revenue reported for this quarter.
Quarter-over-quarter
+6.2%
Change from the immediately preceding quarter.
Year-over-year
-7.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.5M
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 |
|---|---|---|
| Dec 31, 2024 | $2.4M | -13.8% |
| Mar 31, 2025 | $2.5M | -8.1% |
| Jun 30, 2025 | $2.2M | -13.6% |
| Sep 30, 2025 | $2.4M | -7.9% |
Revenue performance
The reported revenue of the current quarter rose from the immediately preceding quarter, after a decline in the prior period. Over the trailing twelve months, revenue has shown a fluctuating pattern with a net decrease from the end of the previous fiscal year.
Quarterly comparison
Compared to the preceding quarter, revenue improved, reversing the prior quarter's decline. Versus the same quarter one year earlier, revenue was lower, continuing a year-over-year contraction.
What to watch
Monitor whether the sequential revenue improvement can be sustained in the coming quarters, especially given the persistent year-over-year decline.