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Filing Flows › Millrose Properties (MRP) › Q3 2026 › vs Q2 2026

Millrose Properties (MRP) Q3 2026 vs Q2 2026 (quarter over quarter)

Millrose Properties's revenue rose $14.2M (+7%) from $197M in Q2 2026 to $211M in Q3 2026. Operating margin 85.5% against 85.2% (+0.4 pts).

Millrose Properties, Q3 2026: revenue $211M (+18% year over year), operating margin 85.5%, net earnings $130M, operating cash flow $875M. The chart draws each line against Q2 2026, the increases inside each band.

Millrose Properties: what changed, Q3 2026 vs Q2 2026Millrose Properties: what changed, Q3 2026 vs Q2 2026Working capital & other−$15.1MOperating profit$12.8MOperating cash flow−$10.9MPre-tax earnings$6.5MOther expense, net$6.3MNet earnings$4.1MIncome tax$2.4MCosts & expenses$1.3MShare-based compensation$72K

Margins

Q3 2026Q2 2026Change
Operating margin85.5%85.2%+0.4 pts
Net margin61.6%63.9%-2.3 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$211M$197M$14.2M+7%
Operating profit$180M$168M$12.8M+8%
Costs & expenses$30.6M$29.2M$1.3M+5%
Pre-tax earnings$135M$128M$6.5M+5%
Other expense, net$45.6M$39.3M$6.3M+16%
Net earnings$130M$126M$4.1M+3%
Income tax$4.9M$2.5M$2.4M+99%
Share-based compensation$289K$217K$72K+33%
Working capital & other$745M$760M−$15.1M-2%
Operating cash flow$875M$886M−$10.9M-1%

Questions

How much did Millrose Properties's revenue grow quarter over quarter in Q3 2026?

Millrose Properties's revenue rose $14.2M (+7%) from $197M in Q2 2026 to $211M in Q3 2026. Operating margin 85.5% against 85.2% (+0.4 pts).

Q3 2026 results → · Compare in the interactive Sankey →