Apartment Investment and Management financials
$2.06−3.74%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q1 '26 Jan 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 | Q2 '23 Jun 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.2M | $34.6M | $35.1M | $23.4M | $22.9M | $36.1M | $35.3M | $51.1M | $50.2M | $49.4M | $47.7M | $45.7M |
| Gross profit | $6.2M | $34.6M | $35.1M | $23.4M | $22.9M | $36.1M | $35.3M | $51.1M | $50.2M | $49.4M | $47.7M | $45.7M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | -$4.5M | -$96.5M | -$62.9M | -$9.1M | -$10.5M | -$10.6M | -$11.5M | -$1.1M | $987.0K | $4.2M | $3.4M | $2.0M |
| Net income | -$7.7M | $300.5M | $286.7M | -$19.3M | -$13.9M | -$9.8M | -$21.9M | -$60.5M | -$10.2M | -$151.5M | -$2.3M | -$3.6M |
| Net margin | −125.7% | 867.6% | 816.1% | −82.7% | −60.8% | −27.2% | −62.1% | −118.3% | −20.3% | −307.0% | −4.7% | −7.9% |
| Diluted EPS | $-0.05 | $1.99 | $2.04 | $-0.14 | $-0.10 | $-0.07 | $-0.16 | $-0.43 | $-0.07 | $-1.07 | $-0.02 | $-0.02 |
| EBITDA | -$4.5M | $6.9M | $11.4M | $7.2M | $5.9M | $10.7M | $12.1M | $21.0M | $20.5M | $4.2M | $21.2M | $19.0M |
| Operating cash flow | — | -$14.3M | $8.9M | $9.7M | $3.8M | $828.0K | $16.4M | $8.0M | $21.7M | $7.9M | $24.9M | $11.9M |
| Free cash flow | — | -$40.1M | -$19.3M | -$16.8M | -$15.4M | -$45.3M | -$19.6M | -$28.9M | -$19.2M | -$52.4M | -$57.4M | -$53.2M |
| Diluted shares | 140.4M | 151.0M | 138.9M | 137.3M | 136.9M | 136.8M | 136.7M | 139.8M | 140.6M | 141.2M | 143.3M | 144.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $78.7M | $224.3M | $394.9M | $404.4M | $41.4M | $49.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $440.9M | $470.5M | $582.1M | $952.9M | $1.22B | $1.21B |
| Total assets | $1.24B | $1.43B | $1.68B | $2.08B | $1.87B | $1.87B |
| Total liabilities | $725.0M | $727.9M | $1.12B | $1.82B | $1.59B | $1.57B |
| Shareholders' equity | $514.6M | $705.9M | $394.6M | $103.6M | $136.3M | $156.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology