Invitation Homes (INVH) Revenue — Quarter Ended Jun 30, 2023
Revenue rose in the current quarter. The increase was smaller than the prior quarter's gain but still ahead of the same quarter last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue rose in the current quarter. The increase was smaller than the prior quarter's gain but still ahead of the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$600.4M
Revenue reported for this quarter.
Quarter-over-quarter
+1.8%
Change from the immediately preceding quarter.
Year-over-year
+7.7%
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 |
|---|---|---|
| Sep 30, 2022 | $568.7M | +11.6% |
| Dec 31, 2022 | $579.8M | +11.5% |
| Mar 31, 2023 | $589.9M | +10.8% |
| Jun 30, 2023 | $600.4M | +7.7% |
Revenue performance
Revenue improved compared to the immediately preceding quarter, continuing the upward trajectory seen over recent periods.
Quarterly comparison
Revenue was higher than in the same quarter one year earlier. The sequential growth rate moderated compared with the prior quarter.
What to watch
The filing notes forward-looking statements about macroeconomic factors and industry risks that could affect future performance.