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Filing Flows › Invitation Homes (INVH) › Free cash flow

Invitation Homes (INVH) free cash flow by quarter

Invitation Homes' free cash flow was $122M in Q4 2025 (fourth quarter 2025), -68% from Q3 2025. Over the last 4 quarters it ranged from $122M (Q4 2025) to $388M (Q3 2025).

Invitation Homes free cash flow by quarterInvitation Homes free cash flow by quarter$293MQ1 2025$374MQ2 2025$388MQ3 2025$122MQ4 2025
QuarterFree cash flowQ/QY/Y
Q4 2025$122M-68%—
Q3 2025$388M+4%—
Q2 2025$374M+28%—
Q1 2025$293M——

Q4 2025 at a glance

Invitation Homes, Q4 2025: revenue $685M (+4% year over year), operating margin 14.0%, net earnings $145M, operating cash flow $129M. The chart follows the revenue to costs, profit and cash.

Questions

What is Invitation Homes' free cash flow?

Invitation Homes' free cash flow was $122M in Q4 2025 (fourth quarter 2025), -68% from Q3 2025.

How has Invitation Homes' free cash flow changed?

Over the last 4 quarters it ranged from $122M (Q4 2025) to $388M (Q3 2025).

Q4 2025 results → · How Invitation Homes makes money →