Filing Flows › Healthpeak Properties (DOC) › Q3 2026 › vs Q3 2025
Healthpeak Properties (DOC) Q3 2026 vs Q3 2025 (year over year)
Healthpeak Properties's revenue rose $115M (+16%) from $706M in Q3 2025 to $821M in Q3 2026. Operating margin 3.1% against 7.4% (-4.3 pts).
Healthpeak Properties, Q3 2026: revenue $821M (+16% year over year), operating margin 3.1%, net earnings $17.3M, operating cash flow $354M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 3.1% | 7.4% | -4.3 pts |
| Net margin | 2.1% | -16.6% | +18.7 pts |
| Free cash flow margin | 25.5% | 13.1% | +12.5 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $821M | $706M | $115M | +16% |
| Other income, net | $12.4M | −$164M | $176M | — |
| Operating profit | $25.6M | $52.6M | −$27.0M | -51% |
| Costs & expenses | $795M | $653M | $142M | +22% |
| Pre-tax earnings | $38.0M | −$111M | $149M | — |
| General & admin | $23.6M | $19.9M | $3.7M | +18% |
| Other operating costs | $772M | $341M | $430M | +126% |
| Net earnings | $17.3M | −$117M | $134M | — |
| Minority interests | $19.4M | $7.3M | $12.2M | +167% |
| Income tax | $1.3M | −$1.2M | $2.5M | — |
| Depreciation & amortization | $299M | $262M | $36.6M | +14% |
| Share-based compensation | $4.9M | $4.0M | $817K | +20% |
| Working capital & other | $33.4M | $166M | −$132M | -80% |
| Operating cash flow | $354M | $315M | $39.5M | +13% |
| Free cash flow (OCF − capex) | $210M | $92.2M | $117M | +127% |
| Capital expenditures | $145M | $223M | −$77.8M | -35% |
Questions
How much did Healthpeak Properties's revenue grow year over year in Q3 2026?
Healthpeak Properties's revenue rose $115M (+16%) from $706M in Q3 2025 to $821M in Q3 2026. Operating margin 3.1% against 7.4% (-4.3 pts).