Essex Property Trust (ESS) Revenue — Quarter Ended Dec 31, 2025
Revenue declined in the fourth quarter compared to both the prior quarter and the same period last year. The downward trend continued from earlier quarters.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue declined in the fourth quarter compared to both the prior quarter and the same period last year. The downward trend continued from earlier quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.3M
Revenue reported for this quarter.
Quarter-over-quarter
-2.5%
Change from the immediately preceding quarter.
Year-over-year
-4.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.4M
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 |
|---|---|---|
| Mar 31, 2025 | $2.5M | -8.1% |
| Jun 30, 2025 | $2.2M | -13.6% |
| Sep 30, 2025 | $2.4M | -7.9% |
| Dec 31, 2025 | $2.3M | -4.7% |
Revenue performance
The reported revenue decreased from the immediately preceding quarter, reflecting a sequential contraction. On a year-over-year basis, the decline was more pronounced.
Quarterly comparison
Compared to the prior quarter, revenue fell by a smaller margin than the year-over-year decline. The sequential change was negative while the trailing twelve-month revenue remained lower than the prior year's total.
What to watch
Monitor whether the pace of revenue decline stabilizes in the coming quarters.