# Apartment Investment & Management Co: overview

AIV · NYSE · CIK 922864 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/aiv.md) · [Financials](/companies/aiv/financials.md) · [Filings](/companies/aiv/filings.md) · [Insiders](/companies/aiv/insiders.md)

Latest reported revenue: [$6.2m](/filings/0001193125-26-216904.md) for Q1 FY2026, three months to 2026-01-31, from the 10-Q filed May 11, 2026 (XBRL us-gaap:Revenues, accession 0001193125-26-216904).

## Last eight quarters

| Line item | Unit | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-01-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [51.1](/filings/0001193125-25-177967.md) | [35.3](/filings/0001193125-25-274542.md) | [36.1 d](/filings/0001193125-26-085547.md) | [22.9](/filings/0001193125-26-216904.md) | [52.8](/filings/0001193125-25-177967.md) | [35.1](/filings/0001193125-25-274542.md) | [34.6 d](/filings/0001193125-26-085547.md) | [6.2](/filings/0001193125-26-216904.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [55.9%](/filings/0001193125-25-177967.md) | [50.0%](/filings/0001193125-25-274542.md) | [182.1% d](/filings/0000950170-25-025775.md) | [42.6%](/filings/0001193125-26-216904.md) | [56.0%](/filings/0001193125-25-177967.md) | [51.9%](/filings/0001193125-25-274542.md) | not reported | [32.9%](/filings/0001193125-26-216904.md) |
| Net margin | % | [(118.3%)](/filings/0001193125-25-177967.md) | [(62.1%)](/filings/0001193125-25-274542.md) | [(31.4%) d](/filings/0001193125-26-085547.md) | [(60.8%)](/filings/0001193125-26-216904.md) | [(36.6%)](/filings/0001193125-25-177967.md) | [805.9%](/filings/0001193125-25-274542.md) | [858.2% d](/filings/0001193125-26-085547.md) | [(125.7%)](/filings/0001193125-26-216904.md) |
| Diluted EPS | $ per share | [(0.43)](/filings/0001193125-25-177967.md) | [(0.16)](/filings/0001193125-25-274542.md) | not reported | [(0.10)](/filings/0001193125-26-216904.md) | [(0.14)](/filings/0001193125-25-177967.md) | [2.04](/filings/0001193125-25-274542.md) | not reported | [(0.05)](/filings/0001193125-26-216904.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [170](/filings/0000950170-24-020232.md) | [190](/filings/0000950170-25-025775.md) | [120](/filings/0001193125-26-085547.md) | [138](/filings/0001193125-26-085547.md) | [138](/filings/0001193125-26-085547.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(9.2%)](/filings/0000950170-24-020232.md) | [62.3%](/filings/0000950170-25-025775.md) | [94.5%](/filings/0000950170-25-025775.md) | [85.5%](/filings/0000950170-25-025775.md) | not reported |
| Net margin | % | [(3.5%)](/filings/0000950170-24-020232.md) | [39.2%](/filings/0000950170-25-025775.md) | [(138.6%)](/filings/0001193125-26-085547.md) | [(75.5%)](/filings/0001193125-26-085547.md) | [395.1%](/filings/0001193125-26-085547.md) |
| Diluted EPS | $ per share | [(0.04)](/filings/0000950170-24-020232.md) | [3.87](/filings/0001193125-26-085547.md) | [(1.16)](/filings/0001193125-26-085547.md) | [(0.75)](/filings/0001193125-26-085547.md) | [3.87](/filings/0001193125-26-085547.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/aiv/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Madison Avenue Partners, LP](/funds/1801265.md) | 2026-06-30 | $36.8m | 12,374,991 |  | Unchanged |
| [Newtyn Management, LLC](/funds/1569241.md) | 2026-06-30 | $36.2m | 12,200,000 |  | Unchanged |
| [Weiss Asset Management LP](/funds/1357550.md) | 2026-06-30 | $24.2m | 8,150,456 |  | Unchanged |
| [Owl Creek Asset Management, L.P.](/funds/1313756.md) | 2026-06-30 | $17.6m | 5,927,644 |  | Added +2,904,444 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $17.5m | 5,878,027 |  | Reduced −2,717,637 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $14.0m | 4,728,679 |  | Added +3,923,795 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $13.4m | 4,504,386 |  | Reduced −186,997 |
| [MANGROVE PARTNERS IM, LLC](/funds/1535392.md) | 2026-06-30 | $13.2m | 4,459,396 |  | New +4,459,396 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $11.4m | 3,847,592 |  | Added +903,702 |
| [Qube Research & Technologies Ltd](/funds/1729829.md) | 2026-06-30 | $9.5m | 3,191,495 |  | Added +1,423,467 |

## Recent filings

[All 1,363 filings](/companies/aiv/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-02 | 20:30 ET | [8-K](/filings/0001193125-26-412428.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001193125-26-412428 |
| 2026-08-07 | 22:00 ET | [10-Q](/filings/0001193125-26-338545.md) | Quarterly report, period 2026-06-30 | 0001193125-26-338545 |
| 2026-06-10 | 20:15 ET | [8-K](/filings/0001193125-26-265856.md) | 5.07 Shareholder vote results | 0001193125-26-265856 |
| 2026-05-11 | 20:30 ET | [10-Q](/filings/0001193125-26-216904.md) | Quarterly report, period 2026-03-31 | 0001193125-26-216904 |
| 2026-04-24 | 20:06 ET | [DEF 14A](/filings/0001193125-26-177149.md) | Proxy statement, period 2026-06-10 | 0001193125-26-177149 |
| 2026-03-30 | 21:37 ET | [8-K](/filings/0001193125-26-132051.md) | 2.01 Completion of an acquisition or disposition; 9.01 Financial statements and exhibits | 0001193125-26-132051 |
| 2026-03-06 | 21:32 ET | [8-K](/filings/0001193125-26-096683.md) | 8.01 Other events | 0001193125-26-096683 |
| 2026-03-02 | 21:41 ET | [10-K](/filings/0001193125-26-085547.md) | Annual report, period 2025-12-31 | 0001193125-26-085547 |
| 2026-03-02 | 21:30 ET | [8-K](/filings/0001193125-26-085511.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-085511 |
| 2026-02-09 | 21:21 ET | [8-K](/filings/0001193125-26-042847.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-042847 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-085547.md), filed Mar 2, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 922864
- Tickers: AIV
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:28 ET. No prices; not investment advice.