Invitation Homes Business Segments — Controllable expenses decreased by 2.3% to $114.69M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.5%, from $106.73M to $114.69M. Over 3 years (FY 2022 to FY 2025), Business Segments — Controllable expenses shows an upward trend with a 8.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A decrease relative to revenue indicates improved operational efficiency and better management of property-level expenses.
This metric captures operating expenses that management can directly influence through operational efficiency, vendor ne...
Similar to controllable operating expenses or variable property management costs reported by peer residential rental companies.
invh_segment_reportable_segment_controllable_expenses| 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 | $91.27M | $91.27M | $91.27M | $91.27M | $101.54M | $101.54M | $101.54M | $101.54M | $101.45M | $107.17M | $117.04M | $105.59M | $106.73M | $113.99M | $127.37M | $117.36M | $114.69M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +11.2% | +0.0% | +0.0% | +0.0% | -0.1% | +5.6% | +9.2% | -9.8% | +1.1% | +6.8% | +11.7% | -7.9% | -2.3% |
| YoY Change | — | — | — | — | +11.2% | +11.2% | +11.2% | +11.2% | -0.1% | +5.5% | +15.3% | +4.0% | +5.2% | +6.4% | +8.8% | +11.1% | +7.5% |