Equity Residential Non Same Store — Operating Lease Lease Income decreased by 48.0% to $32.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.6%, from $43.60M to $32.00M. Over 4 years (FY 2021 to FY 2025), Non Same Store — Operating Lease Lease Income shows an upward trend with a 49.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher income signals successful integration and lease-up of new properties, whereas lower income may suggest slower-than-expected absorption or market headwinds.
This metric measures the total rental revenue generated by properties within the non-same-store segment. It reflects the...
Comparable to lease revenue from non-stabilized or development-lease-up portfolios at other residential REITs.
eqr_segment_non_same_store_operating_lease_lease_income| 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 | $3.44M | $15.70M | $20.30M | $34.69M | $40.50M | $42.71M | $48.01M | $20.97M | $19.66M | $19.04M | $30.23M | $12.95M | $14.60M | $25.39M | $45.55M | $43.60M | $40.93M | $51.87M | $61.59M | $32.00M |
| QoQ Change | — | +357.0% | +29.3% | +70.9% | +16.7% | +5.4% | +12.4% | -56.3% | -6.2% | -3.2% | +58.8% | -57.2% | +12.8% | +73.9% | +79.4% | -4.3% | -6.1% | +26.7% | +18.7% | -48.0% |
| YoY Change | — | — | — | — | >999% | +172.0% | +136.5% | -39.6% | -51.4% | -55.4% | -37.0% | -38.3% | -25.8% | +33.4% | +50.6% | +236.7% | +180.4% | +104.3% | +35.2% | -26.6% |