Bluerock Homes Trust, Inc. (BHM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q1'21 |
|---|
| Revenue | 19.7M | 18.91M | 16.61M | 16.8M | 16.41M | 17.44M | 12.71M | 12.52M | 11.18M | 13.48M | 10.18M | 10.27M | 10.14M | 12.51M | 11.29M | 8.01M | 7.74M | 6.83M | 3.25M |
| Revenue Growth % | 20.03% | 8.44% | 30.73% | 34.17% | 46.86% | 29.31% | 24.78% | 21.94% | 10.24% | 7.79% | -9.81% | 28.26% | 31.03% | 83.14% | - | - | 138.17% | - | - |
| Property Operating Expenses | 31.03M | -16.64M | 12.68M | 12.12M | 11.52M | 8.23M | 9.99M | 7.11M | 8.21M | 6.07M | 6.21M | 5.69M | 7.57M | 5.49M | 5.57M | 4.62M | 3.42M | 2.08M | 402.5K |
| Net Operating Income (NOI) | -11.33M | 35.55M | 3.93M | 4.68M | 4.9M | 9.21M | 2.71M | 5.41M | 2.97M | 7.41M | 3.98M | 4.58M | 2.57M | 7.02M | 5.72M | 3.38M | 4.31M | 4.75M | 2.85M |
| NOI Margin % | -57.49% | 187.98% | 23.68% | 27.87% | 29.83% | 52.8% | 21.36% | 43.22% | 26.56% | 54.97% | 39.05% | 44.63% | 25.33% | 56.12% | 50.7% | 42.25% | 55.76% | 69.61% | 87.61% |
| Operating Expenses | -5.42M | -5.65M | 9.5M | 9.9M | 10.45M | 5.02M | 7.56M | 9.5M | 6.97M | 4.7M | 7.78M | 8.1M | 7.41M | 609K | 8.05M | 5.68M | 6.11M | 5.31M | 2.45M |
| G&A Expenses | 3.11M | 2.82M | 2.71M | 2.67M | 3.06M | 5.02M | 2.45M | 4.61M | 2.87M | 4.7M | 1.68M | 1.79M | 1.99M | 3.87M | 1.81M | 1.56M | 1.63M | 1.4M | 1.04M |
| EBITDA | 2.94M | 47.93M | 1.68M | 2.54M | 2.62M | 9.38M | 419K | 1.09M | 335K | 4.61M | 1.21M | 1.21M | -295K | 8.64M | 1.95M | 2.39M | 2.99M | 2.53M | 2.79M |
| EBITDA Margin % | 14.92% | 253.49% | 10.13% | 15.13% | 15.94% | 53.76% | 3.3% | 8.68% | 3% | 34.21% | 11.89% | 11.78% | -2.91% | 69.06% | 17.28% | 29.85% | 38.61% | 37.08% | 85.93% |
| Depreciation & Amortization | 8.84M | 6.74M | 7.25M | 7.76M | 8.17M | 5.19M | 5.26M | 5.18M | 4.34M | 1.9M | 5.01M | 4.72M | 4.54M | 2.23M | 4.27M | 4.69M | 4.78M | 3.09M | 2.4M |
| D&A / Revenue % | 44.89% | 35.64% | 43.62% | 46.16% | 49.77% | 29.74% | 41.44% | 41.34% | 38.82% | 14.07% | 49.2% | 45.99% | 44.82% | 17.81% | 37.85% | 58.52% | 61.79% | 45.18% | 73.8% |
| Operating Income | -5.9M | 41.19M | -5.56M | -5.21M | -5.55M | 4.19M | -4.85M | -4.09M | -4M | 2.71M | -3.8M | -3.51M | -4.84M | 6.41M | -2.32M | -2.3M | -1.79M | -553K | 394K |
| Operating Margin % | -29.97% | 217.84% | -33.49% | -31.03% | -33.82% | 24.02% | -38.14% | -32.66% | -35.82% | 20.13% | -37.31% | -34.21% | -47.73% | 51.25% | -20.57% | -28.67% | -23.19% | -8.1% | 12.13% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 22K | 1000K | 1000K | 831K | 0 |
| Interest Coverage | -0.64x | -1.27x | -0.68x | 0.08x | -0.12x | -0.39x | 1.68x | -0.27x | 0.10x | -0.31x | -0.03x | 0.35x | -0.55x | -0.25x | 13.05x | -0.14x | -0.15x | 0.61x | - |
| Non-Operating Income | -1.9M | 46.35M | -1.69M | -5.64M | -4.78M | 6.23M | -13.64M | -2.98M | -4.34M | 4.09M | -3.68M | -4.16M | -2.96M | 7.1M | -2.61M | -2.02M | -1.64M | -1.06M | -732.5K |
| Pretax Income | -10.22M | -9.22M | -9.56M | -5.2M | -6.98M | -7.3M | 3.55M | -5.17M | -3.17M | -5.69M | -3.62M | -1.18M | -5.28M | -3.11M | 265K | -2.17M | -1.22M | -232K | 454.5K |
| Pretax Margin % | -51.88% | -48.77% | -57.56% | -30.95% | -42.55% | -41.85% | 27.92% | -41.29% | -28.36% | -42.21% | -35.53% | -11.48% | -52.06% | -24.88% | 2.35% | -27.14% | -15.72% | -3.4% | 13.99% |
| Income Tax | 76K | 260K | 400K | 626K | 346K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -0.74% | -2.82% | -4.18% | -12.04% | -4.95% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 169K | 820K | 383K | 1.04M | 4K | -645K | 2.33M | -889K | -767K | -1.44M | -1.06M | -335K | -1.54M | -1.01M | 287K | -120K | -157K | -77.43M | 32.78M |
| Net Margin % | 0.86% | 4.34% | 2.31% | 6.21% | 0.02% | -3.7% | 18.36% | -7.1% | -6.86% | -10.69% | -10.37% | -3.26% | -15.19% | -8.07% | 2.54% | -1.5% | -2.03% | -1133.51% | 1009.17% |
| Net Income Growth % | 4125% | 227.13% | -83.58% | 217.32% | 100.52% | 55.27% | 320.93% | -165.37% | 50.19% | -42.77% | -467.94% | -179.17% | -880.89% | 98.7% | - | - | -100.48% | - | - |
| Funds From Operations (FFO) | 9.01M | 7.56M | 7.63M | 8.8M | 8.17M | 4.54M | 7.6M | 4.29M | 3.57M | 456K | 3.95M | 4.39M | 3M | 1.22M | 4.56M | 4.57M | 4.62M | -74.34M | 35.18M |
| FFO Margin % | 45.75% | 39.98% | 45.93% | 52.37% | 49.79% | 26.04% | 59.8% | 34.24% | 31.95% | 3.38% | 38.83% | 42.73% | 29.63% | 9.74% | 40.39% | 57.03% | 59.76% | -1088.33% | 1082.98% |
| FFO Growth % | 10.29% | 66.48% | 0.41% | 105.2% | 128.84% | 895.83% | 92.16% | -2.28% | 18.87% | -62.56% | -13.29% | -3.9% | -35.03% | 101.64% | - | - | -86.86% | - | - |
| FFO per Share | 2.31 | 1.86 | 1.96 | 2.26 | 2.11 | 1.15 | 1.96 | 1.11 | 0.93 | 0.12 | 1.03 | 1.14 | 0.78 | 0.32 | 1.19 | 1.19 | 1.21 | -19.41 | 9.16 |
| FFO Payout Ratio % | 0% | 6.71% | 6.66% | 5.64% | 23.56% | 38.01% | 14.86% | 9.24% | 108.63% | 17.11% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| EPS (Diluted) | -0.90 | -0.72 | -0.94 | -0.66 | -0.67 | -0.63 | 0.24 | -0.42 | -0.26 | -0.53 | -0.28 | -0.09 | -4.68 | 0.70 | 0.22 | -0.09 | -0.04 | 0.10 | 0.12 |
| EPS Growth % | -34.33% | -14.29% | -491.67% | -57.14% | -157.69% | -18.87% | 185.71% | -382.2% | 94.44% | -175.71% | -227.27% | 4.7% | -11314.63% | 625.39% | - | - | -134.75% | - | - |
| EPS (Basic) | -0.90 | -0.72 | -0.94 | -0.66 | -0.65 | -0.63 | 0.24 | -0.42 | -0.26 | -0.53 | -0.28 | -0.09 | -4.68 | 0.70 | 0.22 | -0.09 | -0.04 | 0.10 | 0.12 |
| Diluted Shares Outstanding | 3.9M | 4.06M | 3.9M | 3.9M | 3.86M | 3.96M | 3.87M | 3.85M | 3.85M | 3.88M | 3.85M | 3.84M | 3.84M | 3.84M | 3.83M | 3.83M | 3.83M | 3.83M | 3.84M |