Filing Flows › Howard Hughes Holdings (HHH) › Q2 2026 › vs Q1 2026
Howard Hughes Holdings (HHH) Q2 2026 vs Q1 2026 (quarter over quarter)
Howard Hughes Holdings's revenue rose $886M (+376%) from $236M in Q1 2026 to $1.1B in Q2 2026. Operating margin 21.3% against 21.5% (-0.1 pts).
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 draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 21.3% | 21.5% | -0.1 pts |
| Net margin | 14.1% | 3.5% | +10.6 pts |
| Free cash flow margin | 42.9% | -105.8% | +148.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.1B | $236M | $886M | +376% |
| Operating profit | $240M | $50.7M | $189M | +373% |
| Costs & expenses | $883M | $185M | $697M | +377% |
| Pre-tax earnings | $207M | $10.7M | $196M | 19× |
| Other expense, net | $32.7M | $40.0M | −$7.3M | -18% |
| General & admin | $36.1M | $25.8M | $10.4M | +40% |
| Other operating costs | $847M | $159M | $687M | +431% |
| Loss borne by minority interests | $1.4M | $161K | $1.2M | +775% |
| Net earnings | $158M | $8.2M | $150M | 19× |
| Income tax | $50.0M | $2.6M | $47.3M | 19× |
| Depreciation & amortization | $56.6M | $48.6M | $8.0M | +16% |
| Share-based compensation | $4.4M | $4.1M | $278K | +7% |
| Working capital & other | $287M | −$290M | $578M | — |
| Operating cash flow | $507M | −$229M | $736M | — |
| Free cash flow (OCF − capex) | $481M | −$250M | $731M | — |
| Capital expenditures | $25.2M | $20.3M | $4.9M | +24% |
Questions
How much did Howard Hughes Holdings's revenue grow quarter over quarter in Q2 2026?
Howard Hughes Holdings's revenue rose $886M (+376%) from $236M in Q1 2026 to $1.1B in Q2 2026. Operating margin 21.3% against 21.5% (-0.1 pts).