Lease Income
Sun Communities Lease Income increased by 9.6% to $417.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $384.40M to $417.20M. Over 3 years (FY 2022 to FY 2026), Lease Income shows an upward trend with a 3.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase reflects higher utilization of the company's equipment through leasing channels and improved profitability of the finance division.
Detailed definition
The total income recognized from leasing activities, encompassing both interest income from finance leases and rental in...
Peer comparison
Similar to interest and rental income reported by industrial peers with significant equipment financing operations.
cat_lease_income_totalHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $399.55M | $399.55M | $399.55M | $399.55M | $585.70M | $441.60M | $526.00M | $618.80M | $102.90M | $380.50M | $432.60M | $502.20M | $383.90M | $384.40M | $450.20M | $517.70M | $380.70M | $417.20M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +46.6% | -24.6% | +19.1% | +17.6% | -83.4% | +269.8% | +13.7% | +16.1% | -23.6% | +0.1% | +17.1% | +15.0% | -26.5% | +9.6% |
| YoY Change | — | — | — | — | +46.6% | +10.5% | — | +5.7% | — | -13.8% | -17.8% | -18.8% | +273.1% | +1.0% | +4.1% | +3.1% | -0.8% | +8.5% |
Business Segments
| Segment | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| MH | $215.50M | — | — | — | — | — | — | $254.70M |
| RV | $100.70M | — | — | — | — | — | — | $202.40M |
| UK | $24.20M | $38.00M | $44.70M | $56.20M | $43.10M | $33.20M | $51.30M | $60.60M |
| Marina | $97.70M | $96.40M | $118.80M | $131.80M | — | — | — | — |
| Total | $102.90M | $380.50M | $432.60M | $502.20M | $383.90M | $384.40M | $450.20M | $517.70M |
Marina, MH, RV, UK were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Lease Income at Other Companies
Frequently Asked Questions
- What is Sun Communities's lease income?
- Sun Communities (SUI) reported lease income of $417.20M in Q1 2026.
- How has Sun Communities's lease income changed year-over-year?
- Sun Communities's lease income increased by 8.5% year-over-year, from $384.40M to $417.20M.
- What is the long-term trend for Sun Communities's lease income?
- Over 3 years (2022 to 2026), Sun Communities's lease income has grown at a 3.4% compound annual growth rate (CAGR), from $1.60B to $1.77B.
- What does lease income mean?
- Total income derived from all leasing and rental activities.