INVH · 8-K · 20261028PR000053

Revenue Performance and Mix

Invitation Homes Inc. · 2026-10-28 · Importance 34 · Surprise 32

Q3 2026 total revenues rose 6.3% year over year to $731 million, compared with $688 million in Q3 2025; year-to-date revenue increased to $2,213 million from $2,044 million. Q3 rental revenues were $597.3 million, other property income was $78.2 million, management fee revenues were $19.9 million, and homebuilding revenues were $35.8 million; homebuilding revenues were zero in Q3 2025. Year-to-date homebuilding revenue was $129.1 million, versus zero in the prior-year period, while management fee revenue declined to $59.5 million from $65.7 million.

Key facts

• Q3 2026 total revenues increased 6.3% year over year to $731 million. source
• Q3 2026 total revenues were $731.278 million, compared with $688.166 million in Q3 2025. source
• YTD 2026 Same Store Core Revenues were $1,713,915 thousand, up 1.7% from $1,685,657 thousand in YTD 2025. source
• Q3 2026 Same Store Core Revenues grew 1.6%, driven primarily by Average Monthly Rent increasing 1.8% and other property income, net, increasing 2.6%, partly offset by a 10-basis-point occupancy decline and 10-basis-point bad-debt increase. source
• YTD 2026 Same Store Core Revenues grew 1.7%, driven primarily by Average Monthly Rent increasing 2.0% and other property income, net, increasing 4.1%, partly offset by a 40-basis-point occupancy decline. source