AvalonBay Communities, Inc. (AVB) Revenue by Segment

AvalonBay Communities revenue by segment at a glance

In Q3 fiscal 2024 (the quarter ended September 30, 2024), AvalonBay Communities's largest business segment was Established Communities, with $677.58 million or 93% of revenue, up 3.0% from a year earlier. Next: Other Stabilized Communities (4%) and Development Redevelopment (3%).

From company filings, in USD; latest quarter ended September 30, 2024; quarterly data from Q3 fiscal 2017.

AvalonBay Communities, Inc.

AVBFinancial Services

United States

Financial Services

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Established CommunitiesContinuing OperationsOther Stabilized CommunitiesDevelopment RedevelopmentCorporate and otherContinuing Operations - Corporate and other

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before	Trend
Continuing Operations	USD 776.20M	100.0%	–
Continuing Operations - Corporate and otheri	USD 1.78M		–

Sum of items USD 776.20M; corporate items and eliminations USD 1.78M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Established Communities	–	–	–	677.6M	672.9M	677.2M	–	657.6M	652.0M	649.2M	–	611.8M	599.8M	575.6M	–	513.8M	502.2M	503.2M	444.4M	513.4M	522.7M	552.6M	–	–	539.5M	531.8M	–	449.1M	443.6M	444.7M	–	417.3M
Continuing Operations	776.2M	765.9M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	581.5M	–	–	–	–	–	–	–	–
Other Stabilized Communities	–	–	–	31.6M	27.6M	25.1M	–	20.8M	17.1M	14.7M	–	28.1M	19.1M	15.2M	–	32.6M	26.9M	21.0M	–	22.3M	24.6M	28.6M	–	–	25.5M	22.0M	–	61.4M	59.1M	50.1M	–	52.9M
Development Redevelopment	–	–	–	20.1M	13.7M	8.1M	–	1.6M	251.0K	4.0K	–	7.7M	6.5M	6.1M	–	12.1M	9.0M	7.1M	–	6.9M	7.4M	4.8M	–	–	2.4M	549.0K	–	33.2M	32.0M	31.4M	–	63.0M
Corporate and other	–	–	–	–	1.8M	1.8M	–	1.9M	2.7M	1.1M	–	1.4M	904.0K	752.0K	–	695.0K	808.0K	877.0K	–	419.0K	299.0K	1.0M	–	1.2M	1.1M	1.1M	–	912.0K	954.0K	886.0K	–	993.0K
Continuing Operations - Corporate and other	1.8M	1.8M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

AvalonBay Communities revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY24	Q2 FY24	Share
Established Communities	–	–	$677.6M	$672.9M	93%
Other Stabilized Communities	–	–	$31.6M	$27.6M	4%
Development Redevelopment	–	–	$20.1M	$13.7M	3%

In USD, fiscal quarters as reported; share = part of Q3 FY24 revenue.

Questions and answers

What are AvalonBay Communities's business segments?

Established Communities, Other Stabilized Communities and Development Redevelopment (as reported for Q3 fiscal 2024).

Which business segment makes the most money for AvalonBay Communities?

Established Communities: $677.58 million, or 93% of revenue, in Q3 fiscal 2024.

MoreAvalonBay Communities stock overview AvalonBay Communities financials AvalonBay Communities executive team AvalonBay Communities shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.