Company: INVH
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001687229-25-000036
Chunk: 48

Company: Invitation Homes Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 48
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792,509 Total liabilities and equity$18,662,005 $18,700,951 

The accompanying notes are an integral part of these condensed consolidated financial statements.

6

INVITATION HOMES INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(in thousands, except shares and per share data)(unaudited)

For the Three MonthsEnded June 30,For the Six MonthsEnded June 30,2025202420252024Revenues:Rental revenues and other property income$659,107 $637,475 $1,312,178 $1,269,572 Management fee revenues22,294 15,976 43,702 29,918 Total revenues681,401 653,451 1,355,880 1,299,490 Expenses:Property operating and maintenance244,278 234,184 481,727 464,581 Property management expense35,833 32,633 72,572 63,870 General and administrative23,591 21,498 53,109 44,946 Interest expense87,414 90,007 171,668 179,852 Depreciation and amortization185,455 176,622 368,601 351,935 Casualty losses, impairment, and other3,029 10,353 7,712 14,490 Total expenses 579,600 565,297 1,155,389 1,119,674 Gains (losses) on investments in equity and other securities, net(90)1,504 (311)1,295 Other, net(2,133)(54,012)(768)(48,039)Gain on sale of property, net of tax46,591 43,267 118,257 93,765 Losses from investments in unconsolidated joint ventures(4,802)(5,482)(10,020)(10,620)Net income141,367 73,431 307,649 216,217 Net income attributable to non-controlling interests(480)(243)(1,017)(679)Net income attributable to common stockholders140,887 73,188 306,632 215,538 Net income available to participating securities(222)(207)(450)(399)Net income available to common stockholders — basic and diluted (Note 12)$140