Invitation Homes Inc. Common Stock (INVH) Financials
Key financial figures for Invitation Homes Inc. Common Stock (Q2 2026).
Invitation Homes returned to Same-Store NOI growth (+1.5% YoY) in Q2 2026 as Same-Store blended rent growth turned positive at 2.7%, and management raised FY2026 Core FFO and AFFO guidance by a penny at the midpoint. Total revenues rose 9.7% YoY to $748 million; net income available to common stockholders rose 55.1% to $218 million ($0.37 diluted EPS). Core FFO per share was $0.51 (+5.0% YoY) and AFFO per share was $0.44 (+5.9% YoY). Same-Store NOI grew 1.5% YoY, reversing the 0.3% decline reported in Q1 2026, on 1.6% same-store core revenue growth vs 1.9% same-store core operating expense growth. Same-store average occupancy improved to 97.1% (from 96.3% in Q1 2026); Same-Store blended rent growth was 2.7% (4.5% new-lease, 1.1% renewal). On the outlook: FY2026 Core FFO per share raised to $1.92-$1.98 (midpoint $1.95, up $0.01) and AFFO per share raised to $1.62-$1.68 (midpoint $1.65, up $0.01), each a $0.01 midpoint increase from prior guidance. Figures are for Q2 2026, as Invitation Homes reported them.
- Revenue
- $748M
- Net Income
- $220M
- EPS
- $0.37
- Total Assets
- $18.4B
- Operating Cash Flow
- $387M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $748M | $219M | $0.37 | 24.62% | $270M |
| Q1 FY2026 | $734M | $161M | $0.26 | 10.82% | $236M |
| Q4 FY2025 | $685M | $145M | $0.24 | 27.3% | $70M |
| Q3 FY2025 | $688M | $137M | $0.22 | 59.68% | |
| Q2 FY2025 | $681M | $141M | $0.23 | 28.21% | $323M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $2.7B | $588M | $0.96 | 27.15% | $963M |
| FY2024 | $2.6B | $454M | $0.74 | 28.3% | $862M |
| FY2023 | $2.4B | $519M | $0.85 | 28.76% | $886M |
Frequently asked questions
What was Invitation Homes's revenue last quarter?
Invitation Homes reported revenue of $747.6 million for Q2 FY2026, up 9.7% from the same period a year earlier.
Is Invitation Homes profitable?
Yes. Invitation Homes reported net income of $218.8 million for Q2 FY2026, a net margin of 29.28% on revenue.
How has Invitation Homes's margin trended?
Operating margin was 24.62% in Q2 FY2026, compared with 28.21% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Invitation Homes generate?
Invitation Homes generated free cash flow of $270.1 million in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Invitation Homes Inc. Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.