ESSEssex Property Trust
$271.60+4.2% 1Y
$271.60
$237.0552 weeks$300.58
The financials
Essex Property Trust by the numbers
Essex Property Trust (ESS) reported revenue of $489M in Q2 2026 (quarter ended Jun 30, 2026), up 4.1% from the same quarter a year earlier. That came with a gross margin of 71% and net income of $67M (14% of revenue). For the full year FY2025, revenue was $1.89B (+6.4% year on year) and net income $703M. Its largest segment in Q3 2024 (quarter ended Sep 30, 2024) was Southern California at $189M, 43% of the disclosed total, just ahead of Northern California at 40%. The next results filing is expected around Oct 28, 2026, the same week as a year ago.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $489M | $470M | +4.1% |
| Gross profit | $346M | $332M | +4.1% |
| Operating income | $109M | $280M | −61% |
| Net income | $67M | $232M | −71% |
| Diluted EPS | $0.97 | $3.44 | −72% |
| Operating | Revenue | Share |
|---|---|---|
| Southern California | $189M | 43% |
| Northern California | $172M | 40% |
| Seattle Metro | $75M | 17% |
Business segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q3 2024Total $435.7M (+0.62%)
Southern California grew +9.8% year on yearSeattle Metro +5.6% year on year
Segment Latestquarter on quarteryear on year
- Southern California$189.0M$189.0Mquarter on quarter +1.3%year on year +9.8%+1.3%+9.8%
- Northern California$172.2M$172.2Mquarter on quarter -0.26%year on year +6.2%-0.26%+6.2%
- Seattle Metro$74.6M$74.6Mquarter on quarter +1.1%year on year +5.6%+1.1%+5.6%
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