Filing Flows › Millrose Properties (MRP) › Q2 2026 › vs Q2 2025
Millrose Properties (MRP) Q2 2026 vs Q2 2025 (year over year)
Millrose Properties's revenue rose $47.9M (+32%) from $149M in Q2 2025 to $197M in Q2 2026. Operating margin 85.2% against 85.1% (+0.0 pts).
Millrose Properties, Q2 2026: revenue $197M (+32% year over year), operating margin 85.2%, net earnings $126M, operating cash flow $886M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 85.2% | 85.1% | +0.0 pts |
| Net margin | 63.9% | 75.7% | -11.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $197M | $149M | $47.9M | +32% |
| Operating profit | $168M | $127M | $40.8M | +32% |
| Costs & expenses | $29.2M | $22.1M | $7.1M | +32% |
| Pre-tax earnings | $128M | $118M | $10.8M | +9% |
| Other expense, net | $39.3M | $9.3M | $30.0M | +321% |
| Net earnings | $126M | $113M | $13.1M | +12% |
| Income tax | $2.5M | $4.8M | −$2.3M | -48% |
| Share-based compensation | $217K | $200K | $17K | +8% |
| Working capital & other | $760M | $783M | −$23.4M | -3% |
| Operating cash flow | $886M | $896M | −$10.3M | -1% |
Questions
How much did Millrose Properties's revenue grow year over year in Q2 2026?
Millrose Properties's revenue rose $47.9M (+32%) from $149M in Q2 2025 to $197M in Q2 2026. Operating margin 85.2% against 85.1% (+0.0 pts).