• AvalonBay Communities posted Q1 net income attributable to common stockholders of USD 325.73 million, up 37.7%, with diluted EPS rising to USD 2.33.
• Revenue increased 3.3% to USD 770.28 million, while interest expense, net climbed 19.4% to USD 71.49 million.
• Residential NOI rose to USD 509.18 million, including Same Store Residential NOI of USD 479.94 million that edged up 0.2%.
• Gains on sale of communities widened to USD 179.91 million after sales of three wholly-owned communities for USD 340.75 million.
• Cash, cash equivalents and restricted cash totaled USD 291.09 million at March 31, 2026, down from USD 353.08 million at Dec. 31, 2025, after repurchasing 1,130,336 shares for USD 198.48 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AvalonBay Communities Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000915912-26-000012), on May 07, 2026, and is solely responsible for the information contained therein.