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Howard Hughes HHH Condominium rights and unit sales — Cost of Sales

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Other financials

Income statement

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Revenue$235.9M+18.4%
Operating income$50.7M+5.7%
Net income$8.2M-21.9%
EPS (diluted)$0.14-33.3%

Balance sheet

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Cash & equivalents$2.5B+197%
Total debt$4.8M-11.9%
Total equity$3.8B+35.7%
Total assets$11.2B+21.1%

Cash flow

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Operating cash flow-$229.4M-2.0%
CapEx$14.8M+9.8%
Free cash flow-$244.2M-2.4%

Valuation

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Market cap$4.01B+1.0%

Profitability

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Operating margin22.1%-11.1pp
Net margin8%-6.5pp
FCF margin27.2%+11.1pp

Returns & leverage

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Return on equity3.7%-5.4pp
Debt / equity0.0×

Where this comes from

Reported directly by Howard Hughes in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Howard Hughes’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Howard Hughes's condominium rights and unit sales — cost of sales?
Howard Hughes (HHH) reported condominium rights and unit sales — cost of sales of $3.13M in Q1 2026.
How has Howard Hughes's condominium rights and unit sales — cost of sales changed year-over-year?
Howard Hughes's condominium rights and unit sales — cost of sales increased by 1195.0% year-over-year, from $242K to $3.13M.
What is the long-term trend for Howard Hughes's condominium rights and unit sales — cost of sales?
Over 3 years (2021 to 2025), Howard Hughes's condominium rights and unit sales — cost of sales has grown at a -3.7% compound annual growth rate (CAGR), from $414.2M to $369.41M.
What does condominium rights and unit sales — cost of sales mean?
This metric captures the direct costs incurred to develop and deliver condominium units, including land acquisition, construction labor, materials, and capitalized interest. It serves as a primary indicator of the direct expenses required to generate residential real estate revenue. Monitoring this figure relative to revenue allows for the assessment of project-level profitability and construction cost management efficiency.