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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 76M | 12.1% |
| Gross Profit | 66M | 63.1% |
| Cost of Revenue | 10M | 63.1% |
| Operating expense | 9.6M | 69.3% |
| Net Income | 11M | 201.9% |
| EBITDA | 36M | 18.6% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 3.13B | 5.9% |
| Total Liabilities | 1.9B | 9.8% |
| Total Equity | 1.09B | 0.5% |
| Shares Outstanding | 102M | 0.6% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | 29M | 118.2% |
| Cash from investing | 12M | 261.2% |
| Cash from financing | -33M | 76.8% |
EPS
Financial Highlights for Veris Residential in Q2 '25
Veris Residential reported a revenue of 76M, which is a 12.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 66M, marking a 63.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 10M, a -63.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 9.6M, showing a -69.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 11M, showing a 201.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 36M, showing a 18.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Veris Residential with growth in revenue, gross profit, and net income.
