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Howard Hughes Holdings (HHH) operating margin by quarter

Howard Hughes Holdings' operating margin was 21.3% in Q2 2026 (second quarter 2026), -0.1 pts from Q1 2026. Over the last 5 quarters it ranged from 4.2% (Q4 2025) to 48.6% (Q3 2025).

Howard Hughes Holdings operating margin by quarterHoward Hughes Holdings operating margin by quarter24.0%Q1 202548.6%Q3 20254.2%Q4 202521.5%Q1 202621.3%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 202621.3%-0.1 pts—
Q1 202621.5%+17.3 pts-2.6 pts
Q4 20254.2%-44.4 pts—
Q3 202548.6%+24.5 pts—
Q1 202524.0%——

Q2 2026 at a glance

Howard Hughes Holdings, Q2 2026: revenue $1.1B (+330% year over year), operating margin 21.3%, net earnings $158M, operating cash flow $507M. The chart follows the revenue to costs, profit and cash.

Questions

What is Howard Hughes Holdings' operating margin?

Howard Hughes Holdings' operating margin was 21.3% in Q2 2026 (second quarter 2026), -0.1 pts from Q1 2026.

How has Howard Hughes Holdings' operating margin changed?

Over the last 5 quarters it ranged from 4.2% (Q4 2025) to 48.6% (Q3 2025).

Q2 2026 results → · How Howard Hughes Holdings makes money →