At the archive date, AVB was expected to release its Q3 2026 10-Q filing on October 27, 2026, after market close. Last quarter: In Q2 FY2026, AvalonBay Communities (AVB) reported revenue of $777.77M (up 2.3% YoY) while net income fell 42.0% YoY to $155.72M due to lower gains on real estate sales and pursuit costs related to its proposed merger with Equity Residential.
EPS Estimate
$1.18
Revenue Estimate
$790.56M
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the AVB page for retained reports.
Drawn from management commentary in the Q2 2026 10-Q:
On May 20, 2026, AVB entered into a merger agreement with Equity Residential (EQR), where each share of AVB stock will be converted into 2.793 common shares of EQR, with completion expected in the second half of 2026 subject to shareholder approvals.
Net income attributable to common stockholders decreased 42.0% YoY to $155.72M in Q2 FY2026, driven primarily by lower gains on real estate sales and $12.37M in transaction pursuit costs associated with the pending merger.
Same Store Net Operating Income (NOI) grew 1.0% YoY to $488.55M, as Same Store Residential revenue increased 1.6% (driven by strength in Metro NY/NJ and Northern California), offset by a 2.9% increase in operating expenses.
Revenue
$777.77M
+2.31% YoY
EPS (Diluted)
$1.11
-40.96% YoY
Operating Income
$529.24M
+4.65% YoY
Add AVB to your watchlist to keep its archived reports easy to find. New filing alerts are no longer sent.