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Howard Hughes HHH Strategic Developments Segment — Revenue

Other segment segments

Operating Assets Segment
$119.2M+4.6%
MPC Segment
$112.28M+32.9%

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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$4.06B-1.0%
Enterprise value$1.58B-31.7%
P/E33.4×+15.4×
P/S2.7×+0.4×

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:Revenues.

The source filing: Howard Hughes’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032144
thousands / Three Months Ended March 31, 2026Operating Assets SegmentMPC SegmentStrategic Developments Segment
Total revenues$119,202$112,281$4,407
Condominium rights and unit cost of sales(3,134)
Master Planned Communities cost of sales(34,742)
Operating costs(35,277)(13,135)(4,434)
Rental property real estate taxes(15,707)(521)
(Provision for) recovery of doubtful accounts59
Segment operating income (loss)68,27764,404(3,682)
Depreciation and amortization(45,578)(65)(2,057)

Item 1. Financial Statements

FAQ

What is Howard Hughes's strategic developments segment — revenue?
Howard Hughes (HHH) reported strategic developments segment — revenue of $4.41M in Q1 2026.
How has Howard Hughes's strategic developments segment — revenue changed year-over-year?
Howard Hughes's strategic developments segment — revenue increased by 416.0% year-over-year, from $854K to $4.41M.
What is the long-term trend for Howard Hughes's strategic developments segment — revenue?
Over 3 years (2021 to 2025), Howard Hughes's strategic developments segment — revenue has grown at a -10.4% compound annual growth rate (CAGR), from $520.11M to $374.36M.
What does strategic developments segment — revenue mean?
This metric represents the total gross inflows generated by the Strategic Developments segment, primarily from rental property operations and the sale of residential condominium units. It serves as a key indicator of the segment's market demand and the successful monetization of development assets. Tracking this revenue helps stakeholders gauge the growth trajectory and operational scale of the company's development portfolio.

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