Invitation Homes Inc. (INVH) Revenue History
Annual and quarterly revenue from 2014 to present
INVH Revenue Over Time (2014–2025)
INVH Revenue Growth History
11 of 11 years with positive growth- FY2014 revenue growth
- N/A
- FY2015 revenue growth
- +26.9%
- FY2016 revenue growth
- +10.4%
- FY2017 revenue growth
- +14.3%
- FY2018 revenue growth
- +63.4%
- FY2019 revenue growth
- +2.4%
- FY2020 revenue growth
- +3.3%
- FY2021 revenue growth
- +9.5%
- FY2022 revenue growth
- +12.1%
- FY2023 revenue growth
- +8.7%
- FY2024 revenue growth
- +7.7%
- FY2025 revenue growth
- +4.2%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $734.1M | +8.8% |
| Q4 2025 | $685.3M | +4.0% |
| Q3 2025 | $688.2M | +4.2% |
| Q2 2025 | $681.4M | +4.3% |
| Q1 2025 | $674.5M | +4.4% |
| Q4 2024 | $659.1M | +5.6% |
| Q3 2024 | $660.3M | +6.9% |
| Q2 2024 | $653.5M | +8.8% |
Multi-year avg. share of annual revenue by fiscal quarter
INVH Revenue Analysis (2014–2025)
Current Revenue & Growth
As of June 21, 2026, Invitation Homes Inc. (INVH) generated trailing twelve-month (TTM) revenue of $2.79 billion, reflecting solid growth of +8.8% year-over-year. The most recent quarter (Q1 2026) recorded $734.1 million in revenue, up 7.1% sequentially.
Historical Growth Trajectory
INVH's 5-year compound annual growth rate (CAGR) stands at +8.4%, indicating steady revenue expansion. The 3-year CAGR of +6.8% is below the 5-year average, signalling a growth deceleration in recent years. Invitation Homes Inc.'s highest annual revenue of $2.73 billion was recorded in 2025, an all-time high.
Peer Comparison
Compared to Real Estate sector peers — including AMH (+5.8% YoY), NXRT (-0.7% YoY), and EQR (+3.7% YoY) — INVH has outperformed the peer group in revenue growth. Compare INVH vs AMH →
INVH Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| INVHCurrent | $2.8B | +8.8% | +8.4% | 27.1% | |
 AMH | $1.9B | +5.8% | +9.7% | 24.2% | |
 NXRT | $251M | -0.7% | +4.2% | 11.1% | |
 EQR | $3.1B | +3.7% | +3.8% | 36.3% | |
 AVB | $3.0B | +4.3% | +5.7% | 30.1% | |
 MAA | $2.2B | +0.8% | +5.7% | 28.0% |
INVH Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.73B | +4.2% | $100.7M | 3.7% | $741.0M | 27.1% |
| 2024 | $2.62B | +7.7% | $1.55B | 59.0% | $741.2M | 28.3% |
| 2023 | $2.43B | +8.7% | $1.46B | 59.9% | $699.5M | 28.8% |
| 2022 | $2.24B | +12.1% | $1.36B | 60.9% | $651.7M | 29.1% |
| 2021 | $2.00B | +9.5% | $1.22B | 61.0% | $550.9M | 27.6% |
| 2020 | $1.82B | +3.3% | $1.08B | 59.5% | $467.8M | 25.7% |
| 2019 | $1.76B | +2.4% | $1.03B | 58.5% | $425.1M | 24.1% |
| 2018 | $1.72B | +63.4% | $1.00B | 58.2% | $342.8M | 19.9% |
| 2017 | $1.05B | +14.3% | $619.6M | 58.8% | $118.2M | 11.2% |
| 2016 | $922.6M | +10.4% | $531.8M | 57.6% | $190.8M | 20.7% |
| 2015 | $836.0M | +26.9% | $448.6M | 53.7% | $114.4M | 13.7% |
| 2014 | $658.7M | - | $275.6M | 41.8% | $-31,823,000 | -4.8% |
Full Stock Analysis
Deep dive into INVH consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
12+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
INVH — Frequently Asked Questions
Quick answers to the most common questions about buying INVH stock.
Is INVH's revenue growth accelerating or slowing?
INVH revenue growth is holding steady at +8.8% year-over-year. TTM revenue is $2.8B. The current growth rate closely tracks the 5-year CAGR of +8.4%, signalling consistent execution.
What is INVH's revenue history from 2014 to 2026?
Invitation Homes Inc. (INVH) revenue history spans 2014 to 2026. TTM revenue as of 2026 is $2.8B, growing at +8.8% YoY. The 5-year CAGR is +8.4%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is INVH's long-term revenue growth rate (CAGR)?
Invitation Homes Inc.'s 5-year revenue CAGR of +8.4% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +8.8% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for INVH.
Why does INVH's quarterly revenue fluctuate?
INVH quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Invitation Homes Inc.'s revenue data from 2014 to 2026 shows full historical quarterly detail on this page.
How is INVH's revenue distributed by segment?
INVH reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does INVH's revenue compare to industry peers?
Invitation Homes Inc. (INVH) with TTM revenue of $2.8B and +8.8% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.