Essex Property Trust Q1 FY26: where the revenue came from and where it went
The whole income statement of Essex Property Trust for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- Apr 29, 2026
Revenue$0.49B
+4% year over year
Gross profit$0.34B
70% margin
Operating profit$0.16B
32% margin
Net profit$0.11B
23% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 0.49 | 100% | +4% |
| Rental income | 0.48 | 98% | |
| Other property | 0.01 | 2% | |
| Management | <0.01 | 0% | |
| Cost of revenue | −0.14 | 30% | |
| Gross profit | 0.34 | 70% margin | +1pp |
| G&A | −0.02 | 4% | +1pp |
| Other | −0.17 | 34% | +0pp |
| Operating profit | 0.16 | 32% margin | −23pp |
| Interest & other costs | −0.04 | ||
| Net profit | 0.11 | 23% margin | −23pp |
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