Filing Flows › Millrose Properties (MRP) › Q3 2026 › vs Q3 2025
Millrose Properties (MRP) Q3 2026 vs Q3 2025 (year over year)
Millrose Properties's revenue rose $31.7M (+18%) from $179M in Q3 2025 to $211M in Q3 2026. Operating margin 85.5% against 85.3% (+0.3 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 85.5% | 85.3% | +0.3 pts |
| Net margin | 61.6% | 58.6% | +3.0 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $211M | $179M | $31.7M | +18% |
| Operating profit | $180M | $153M | $27.6M | +18% |
| Costs & expenses | $30.6M | $26.4M | $4.1M | +16% |
| Pre-tax earnings | $135M | $111M | $24.0M | +22% |
| Other expense, net | $45.6M | $41.9M | $3.7M | +9% |
| Net earnings | $130M | $105M | $24.9M | +24% |
| Income tax | $4.9M | $5.9M | −$978K | -17% |
| Share-based compensation | $289K | $189K | $100K | +53% |
| Working capital & other | $745M | $821M | −$75.8M | -9% |
| Operating cash flow | $875M | $926M | −$50.7M | -5% |
Questions
How much did Millrose Properties's revenue grow year over year in Q3 2026?
Millrose Properties's revenue rose $31.7M (+18%) from $179M in Q3 2025 to $211M in Q3 2026. Operating margin 85.5% against 85.3% (+0.3 pts).