Jun 2026 (Q2 FY26) — Jul 30, 2026
Invitation Homes Q2 FY26 — Strong Operating Performance and Raised Full-Year Guidance
Read the full callInvitation Homes earnings: last reported Thu, 30 Jul 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 748 | +9.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 219 | +55.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $28.51 on 14 Oct 2025 → $26.8. High $30.59 (29 Jun 2026), low $24.39 (20 Mar 2026).
Overview
Call summaries
Invitation Homes Q2 FY26 — Strong Operating Performance and Raised Full-Year Guidance
Read the full callInvitation Homes Q1 FY26 — Strong Occupancy and Capital Allocation
Read the full callEvery analysed call
Financials
Net profit, year on year: +55% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 660 | 659 | 674 | 681 | 688 | 685 | 734 | 748 |
| Expenses | 591 | 616 | 576 | 580 | 597 | 589 | 655 | 658 |
| Net profit | 95 | 143 | 166 | 141 | 137 | 145 | 161 | 219 |
| EPS ($ per share) | 0.16 | — | 0.27 | 0.23 | 0.22 | — | 0.26 | 0.37 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Reserves | -393 | -525 | -661 | -795 | -951 | -1,071 | -1,481 | -1,611 |
| Total liabilities | 9,694 | 9,127 | 8,950 | 8,699 | 8,213 | 9,031 | 8,908 | 9,112 |
| Fixed assets | 12 | 10 | 10 | 17 | 24 | 31 | 43 | 57 |
| Total assets | 18,063 | 17,393 | 17,506 | 18,538 | 18,537 | 19,221 | 18,701 | 18,680 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 561 | 662 | 697 | 908 | 1,024 | 1,107 | 1,082 | 1,206 |
| Cash from investing | 63 | 102 | -425 | -1,160 | -814 | -774 | -466 | -653 |
| Cash from financing | -681 | -838 | -146 | 659 | -574 | 110 | -1,094 | -618 |
| Net cash flow | -57 | -74 | 126 | 407 | -365 | 444 | -478 | -65 |
| Capital expenditure | -4 | -57 | -99 | -77 | -122 | -30 | -31 | -28 |
| Free cash flow | 557 | 605 | 598 | 830 | 901 | 1,077 | 1,051 | 1,178 |
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Resident renewals Same-store | 78%+In the first quarter, our same-store average resident tenure was over 40 months with resident renewals remaining very high at over 78%.Source: earnings call transcript | ~77%Capping off peak leasing season on a high note, our second quarter same-store renewal rate was approximately 77%, and average length of stay for our residents remained over 40 months.Source: earnings call transcript | — |
| Properties sold Wholly owned | 483In Q1, we sold 483 wholly owned homes for $206 million, well ahead of our expectations.Source: earnings call transcript | 657On the capital side, during the second quarter, we sold 657 wholly owned homes primarily to end users for gross proceeds of about $309 million.Source: earnings call transcript | +36% |
| Forward backlog | 556Just as a reminder, we disclosed in the quarter that our current forward backlog is 556 which is around $200 million.Source: earnings call transcript | ~300And that's down now to about 300 for what's in the backlog.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
47 filings between Feb 23, 2026 and Jul 31, 2026.
Nobody bought or sold INVH on the open market in this window. The filings below are 24 awards and 23 tax withholdings.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jul 31, 2026 | Eisen Scott G. EVP, Chief Investment Officer | Tax withheld | 7,420 | $220.5K |
| May 7, 2026 | Fascitelli Michael D Director | Award | 6,559 | $0 |
| May 7, 2026 | KELTER JEFFREY E Director | Award | 6,559 | $0 |
| May 7, 2026 | Howard Hugh Wyman III Director | Award | 6,559 | $0 |
| May 7, 2026 | Barbe, Cohen Jana Director | Award | 6,559 | $0 |
| May 7, 2026 | Smith Kenny Kellyn Director | Award | 6,559 | $0 |
| May 7, 2026 | TAYLOR KEITH D Director | Award | 6,559 | $0 |
| May 7, 2026 | Margolis Joseph D Director | Award | 6,559 | $0 |
| May 7, 2026 | Sevilla-Sacasa Frances Aldrich Director | Award | 6,559 | $0 |
| May 5, 2026 | SOLLS MARK A EVP & CLO | Award | 8,727 | $0 |
| Mar 1, 2026 | SOLLS MARK A EVP & CLO | Award | 15,614 | $0 |
| Mar 1, 2026 | SOLLS MARK A EVP & CLO | Tax withheld | 844 | $22.2K |
| Mar 1, 2026 | SOLLS MARK A EVP & CLO | Tax withheld | 781 | $20.6K |
| Mar 1, 2026 | SOLLS MARK A EVP & CLO | Tax withheld | 1,305 | $34.4K |
| Mar 1, 2026 | Norrell Kimberly K EVP & CAO | Award | 7,831 | $0 |
| Mar 1, 2026 | Norrell Kimberly K EVP & CAO | Tax withheld | 268 | $7.1K |
| Mar 1, 2026 | Norrell Kimberly K EVP & CAO | Tax withheld | 265 | $7.0K |
| Mar 1, 2026 | Norrell Kimberly K EVP & CAO | Tax withheld | 460 | $12.1K |
| Mar 1, 2026 | Tanner Dallas B President and CEO | Award | 107,194 | $0 |
| Mar 1, 2026 | Tanner Dallas B President and CEO | Tax withheld | 8,101 | $213.4K |
| Mar 1, 2026 | Tanner Dallas B President and CEO | Tax withheld | 7,619 | $200.7K |
| Mar 1, 2026 | Tanner Dallas B President and CEO | Tax withheld | 10,573 | $278.5K |
| Mar 1, 2026 | Tanner Dallas B President and CEO | Award | 379,651 | $0 |
| Mar 1, 2026 | Olsen Jonathan S. EVP&CFO | Award | 25,627 | $0 |
| Mar 1, 2026 | Olsen Jonathan S. EVP&CFO | Tax withheld | 1,297 | $34.2K |
| Mar 1, 2026 | Olsen Jonathan S. EVP&CFO | Tax withheld | 1,425 | $37.5K |
| Mar 1, 2026 | Olsen Jonathan S. EVP&CFO | Tax withheld | 2,218 | $58.4K |
| Mar 1, 2026 | Olsen Jonathan S. EVP&CFO | Award | 189,826 | $0 |
| Mar 1, 2026 | Eisen Scott G. EVP, Chief Investment Officer | Award | 33,695 | $0 |
| Mar 1, 2026 | Eisen Scott G. EVP, Chief Investment Officer | Tax withheld | 1,411 | $37.2K |
| Mar 1, 2026 | Eisen Scott G. EVP, Chief Investment Officer | Tax withheld | 2,017 | $53.1K |
| Mar 1, 2026 | Eisen Scott G. EVP, Chief Investment Officer | Award | 170,843 | $0 |
| Mar 1, 2026 | Lobner Timothy J. EVP, Chief Operating Officer | Award | 21,071 | $0 |
| Mar 1, 2026 | Lobner Timothy J. EVP, Chief Operating Officer | Tax withheld | 730 | $19.2K |
| Mar 1, 2026 | Lobner Timothy J. EVP, Chief Operating Officer | Tax withheld | 808 | $21.3K |
| Mar 1, 2026 | Lobner Timothy J. EVP, Chief Operating Officer | Tax withheld | 1,511 | $39.8K |
| Mar 1, 2026 | Lobner Timothy J. EVP, Chief Operating Officer | Award | 227,791 | $0 |
| Feb 23, 2026 | Tanner Dallas B President and CEO | Award | 59,288 | $0 |
| Feb 23, 2026 | Tanner Dallas B President and CEO | Tax withheld | 23,329 | $598.6K |
| Feb 23, 2026 | Olsen Jonathan S. EVP&CFO | Award | 9,486 | $0 |
| Feb 23, 2026 | Olsen Jonathan S. EVP&CFO | Tax withheld | 3,902 | $100.1K |
| Feb 23, 2026 | Norrell Kimberly K EVP & CAO | Award | 7,478 | $0 |
| Feb 23, 2026 | Norrell Kimberly K EVP & CAO | Tax withheld | 2,075 | $53.2K |
| Feb 23, 2026 | SOLLS MARK A EVP & CLO | Award | 7,510 | $0 |
| Feb 23, 2026 | SOLLS MARK A EVP & CLO | Tax withheld | 2,629 | $67.5K |
| Feb 23, 2026 | Lobner Timothy J. EVP, Chief Operating Officer | Award | 5,336 | $0 |
| Feb 23, 2026 | Lobner Timothy J. EVP, Chief Operating Officer | Tax withheld | 2,265 | $58.1K |
| Aug 1, 2025 | Eisen Scott G. EVP, Chief Investment Officer | Tax withheld | 7,420 | $0 |
| Jun 13, 2025 | Tanner Dallas B Chief Executive Officer | Sale | 148,749 | $4.97M |
| Jun 13, 2025 | Tanner Dallas B Chief Executive Officer | Gift | 31,062 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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