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How Healthpeak Properties (DOC) makes money

Healthpeak Properties (DOC) made $821M of revenue in the third quarter 2026 (Q3 2026), +16% from a year earlier. Of every dollar of revenue, 3¢ was left as operating profit, 2¢ was left as net earnings.

Drawing the Sankey…

Healthpeak Properties revenue by quarterHealthpeak Properties revenue by quarter$703MQ1 2025$694MQ2 2025$706MQ3 2025$719MQ4 2025$753MQ1 2026$772MQ2 2026$821MQ3 2026
Healthpeak Properties: where each dollar of revenue goesHealthpeak Properties: where each dollar of revenue goesOperating profit3¢Income tax0¢Net earnings2¢Operating cash flow43¢Free cash flow26¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$821M100.0%
Operating profit$25.6M3.1%
Income tax$1.3M0.2%
Net earnings$17.3M2.1%
Operating cash flow$354M43.2%
Free cash flow$210M25.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$821M+16%
Q2 2026$772M+11%
Q1 2026$753M+7%
Q4 2025$719M+3%
Q3 2025$706M+0.8%
Q2 2025$694M-0.2%
Q1 2025$703M+16%

From Healthpeak Properties' 10-Q filed Nov 3, 2026 (on EDGAR).

Questions

How does Healthpeak Properties make money?

Healthpeak Properties (DOC) made $821M of revenue in the third quarter 2026 (Q3 2026), +16% from a year earlier. Of every dollar of revenue, 3¢ was left as operating profit, 2¢ was left as net earnings.

What is Healthpeak Properties' profit margin?

Net earnings were $17.3M, 2.1% of revenue, in the third quarter 2026; the operating margin was 3.1%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.