Filing Flows › Greystone Housing Impact Investors LP (GHI) › Q2 2025
Greystone Housing Impact Investors LP (GHI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Greystone Housing Impact Investors LP (GHI) reported revenue of $22.8M for the second quarter 2025 (Q2 2025), +4% from a year earlier and -6% from the quarter before. Operating margin was -27.2%, net loss $7.1M (31.0% of revenue).
Greystone Housing Impact Investors LP, Q2 2025: revenue $22.8M (+4% year over year), operating margin -27.2%, net loss $7.1M, operating cash flow $11.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.8M | -6% | +4% |
| Operating profit | −$6.2M | -283% | — |
| Net earnings | −$7.1M | -313% | — |
| Operating cash flow | $11.1M | +8% | +120% |
What changed
Revenue was $22.8M in Q2 2025, up 4% year over year and down 6% from the previous quarter.
Operating costs exceeded revenue by $6.2M, an operating margin of -27.2%. Total costs grew 73% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+103%). The quarter ended with a net loss of $7.1M, after a profit of $3.3M the previous quarter.
Operating cash flow was $11.1M (up 120% year over year). Non-cash charges added back $3K of depreciation. Working capital and other items added $18.2M.
Questions
What was Greystone Housing Impact Investors LP's revenue in the second quarter 2025?
Greystone Housing Impact Investors LP (GHI) reported revenue of $22.8M for the second quarter 2025 (Q2 2025), +4% from a year earlier and -6% from the quarter before.
Was Greystone Housing Impact Investors LP profitable in the second quarter 2025?
Operating loss was $6.2M (-27.2% of revenue) and net loss $7.1M.
Source: Greystone Housing Impact Investors LP 10-Q on SEC EDGAR.