Total Operating Expenses
AvalonBay Communities Total Operating Expenses increased by 2.4% to $623.23M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $571.14M to $623.23M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 5.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.
Detailed definition
Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...
Peer comparison
Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.
total_operating_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $474.27M | $508.37M | $481.63M | $498.77M | $509.01M | $527.39M | $521.27M | $529.33M | $515.90M | $545.76M | $539.37M | $550.24M | $545.66M | $565.01M | $584.96M | $571.14M | $599.85M | $612.43M | $608.86M | $623.23M |
| QoQ Change | — | +7.2% | -5.3% | +3.6% | +2.1% | +3.6% | -1.2% | +1.5% | -2.5% | +5.8% | -1.2% | +2.0% | -0.8% | +3.5% | +3.5% | -2.4% | +5.0% | +2.1% | -0.6% | +2.4% |
| YoY Change | — | — | — | — | +7.3% | +3.7% | +8.2% | +6.1% | +1.4% | +3.5% | +3.5% | +3.9% | +5.8% | +3.5% | +8.5% | +3.8% | +9.9% | +8.4% | +4.1% | +9.1% |
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Same Store | — | $213.10M | $225.43M | $202.26M | $225.54M |
| Other Stabilized | $10.21M | $15.25M | $17.42M | $18.12M | $12.84M |
| Total | $571.14M | $599.85M | $612.43M | $608.86M | $623.23M |
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is AvalonBay Communities's total operating expenses?
- AvalonBay Communities (AVB) reported total operating expenses of $623.23M in Q1 2026.
- How has AvalonBay Communities's total operating expenses changed year-over-year?
- AvalonBay Communities's total operating expenses increased by 9.1% year-over-year, from $571.14M to $623.23M.
- What is the long-term trend for AvalonBay Communities's total operating expenses?
- Over 4 years (2021 to 2025), AvalonBay Communities's total operating expenses has grown at a 5.6% compound annual growth rate (CAGR), from $1.93B to $2.39B.
- What does total operating expenses mean?
- The total cost of running the business, including all non-production expenses.