Short answer
Equity Residential (EQR) filed its Q2 2026 10-Q quarterly report on Jul 30, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $785M (up 2.1% year over year) with net income of $114M.
Q2 2026 key financials · XBRL
- Revenue
- $785M
- +2.1% YoY · +0.7% QoQ
- Net income
- $114M
- −40.7% YoY · +26.7% QoQ
- EPS (diluted)
- $0.30
- −41.2% YoY · +25.0% QoQ
Source: XBRL data from the Equity Residential (EQR) Q2 2026 10-Q on SEC EDGAR. USD.
Equity Residential Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly rental income $785.0M, up 2.1% YoY from $768.8M
- Quarterly NOI $520.0M, down 0.0% YoY from $520.2M
- Same-store NOI $509.5M, up 1.4% YoY; non-same-store NOI $10.5M, down 40.2%
- Operating cash flow $702.4M, down from $785.1M; $219.4M share repurchases
- $1.8B liquidity; AvalonBay merger expected in second half of 2026 with $2.0B bridge facility undrawn
Risk Factors
- Merger completion risk newly triggered by proposed AvalonBay transaction, requiring shareholder approvals and absence of prohibitive laws or orders
- Termination-fee exposure materially updated, reaching approximately $1.005 billion under specified alternative-proposal scenarios
- Securities litigation risk heightened by merger-related class actions, potentially delaying closing or causing substantial defense costs
- Integration risk from combining two multifamily REIT platforms, including property-management systems, technology, benefits, and corporate cultures
- Financial risk from potential merger refinancing, with insufficient resources possible if debt repayment is required without financing terms acceptable to the combined company
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Equity Residential quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.