Filing Flows › Howard Hughes Holdings (HHH) › Q2 2026 › vs Q2 2025
Howard Hughes Holdings (HHH) Q2 2026 vs Q2 2025 (year over year)
Howard Hughes Holdings's revenue rose $861M (+330%) from $261M in Q2 2025 to $1.1B in Q2 2026. Operating margin 21.3% against 26.0% (-4.7 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 21.3% | 26.0% | -4.7 pts |
| Net margin | 14.1% | -4.7% | +18.8 pts |
| Free cash flow margin | 42.9% | 51.3% | -8.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.1B | $261M | $861M | +330% |
| Operating profit | $240M | $67.9M | $172M | +253% |
| Costs & expenses | $883M | $193M | $690M | +357% |
| Pre-tax earnings | $207M | −$15.9M | $223M | — |
| Other expense, net | $32.7M | $83.8M | −$51.1M | -61% |
| General & admin | $36.1M | $34.6M | $1.6M | +5% |
| Other operating costs | $847M | $158M | $688M | +434% |
| Loss borne by minority interests | $1.4M | −$68K | $1.5M | — |
| Net earnings | $158M | −$12.1M | $171M | — |
| Income tax | $50.0M | −$3.8M | $53.8M | — |
| Depreciation & amortization | $56.6M | $44.3M | $12.3M | +28% |
| Share-based compensation | $4.4M | $7.5M | −$3.1M | -42% |
| Working capital & other | $287M | $138M | $150M | +109% |
| Operating cash flow | $507M | $177M | $329M | +186% |
| Free cash flow (OCF − capex) | $481M | $134M | $347M | +260% |
| Capital expenditures | $25.2M | $43.4M | −$18.2M | -42% |
Questions
How much did Howard Hughes Holdings's revenue grow year over year in Q2 2026?
Howard Hughes Holdings's revenue rose $861M (+330%) from $261M in Q2 2025 to $1.1B in Q2 2026. Operating margin 21.3% against 26.0% (-4.7 pts).