FINHUB Insights

ESS · Q1 FY26 · Jan 1 – Mar 31, 2026

Essex Property Trust Q1 FY26: where the revenue came from and where it went

Essex Property Trust Q1 FY26: revenue $0.5B (+4% year over year). Net profit $0.1B. Largest cohort Northern California $0.2B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Apr 29, 2026 10-Q
Sankey diagram of Essex Property Trust's income statement for Q1 FY26: revenue of $0.5 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.5B +4% year over year
Gross profit$0.3B 70% margin
Operating profit$0.2B 32% margin
Net profit$0.1B 23% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 0.5 100% +4%
Northern California 0.2 40%
Southern California 0.2 40%
Seattle Metro 0.1 20%
Cost of revenue−0.120%
Gross profit0.370% margin+1pp
G&A−04%+1pp
Other−0.234%+0pp
Operating profit0.232% margin−23pp
Net profit0.123%−23pp
Filing on EDGAR More quarters of ESS

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters