Invitation Homes (INVH) Revenue — Quarter Ended Mar 31, 2023
Revenue increased for the quarter. The company reported higher revenue compared to both the prior quarter and the same quarter a year ago.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased for the quarter. The company reported higher revenue compared to both the prior quarter and the same quarter a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$589.9M
Revenue reported for this quarter.
Quarter-over-quarter
+1.7%
Change from the immediately preceding quarter.
Year-over-year
+10.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.3B
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, 2022 | $557.3M | +13.4% |
| Sep 30, 2022 | $568.7M | +11.6% |
| Dec 31, 2022 | $579.8M | +11.5% |
| Mar 31, 2023 | $589.9M | +10.8% |
Revenue performance
Revenue rose from the immediately preceding quarter and also from the same quarter one year earlier. The quarterly trend shows a consistent upward pattern over the past four quarters.
Quarterly comparison
Compared with the prior quarter, revenue improved. On a year-over-year basis, revenue also increased.
What to watch
Monitor whether revenue growth continues at a similar pace in the upcoming quarters.