Filing Flows › UDR (UDR) › Q3 2026 › vs Q3 2025
UDR (UDR) Q3 2026 vs Q3 2025 (year over year)
UDR's revenue fell $3.8M (-0.9%) from $432M in Q3 2025 to $428M in Q3 2026. Operating margin 63.1% against 17.7% (+45.4 pts).
UDR, Q3 2026: revenue $428M (-0.9% year over year), operating margin 63.1%, net earnings $216M, operating cash flow $202M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 63.1% | 17.7% | +45.4 pts |
| Net margin | 50.5% | 9.4% | +41.1 pts |
| Free cash flow margin | 31.5% | 38.1% | -6.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $428M | $432M | −$3.8M | -0.9% |
| Operating profit | $270M | $76.4M | $194M | +254% |
| Costs & expenses | $158M | $356M | −$198M | -56% |
| Pre-tax earnings | $231M | $43.5M | $188M | +432% |
| Other expense, net | $38.8M | $32.8M | $6.0M | +18% |
| Other operating costs | $137M | $345M | −$208M | -60% |
| Net earnings | $216M | $40.4M | $176M | +435% |
| Minority interests | $14.8M | $2.7M | $12.1M | +443% |
| Income tax | $489K | $382K | $107K | +28% |
| Depreciation & amortization | $165M | $173M | −$7.9M | -5% |
| Share-based compensation | $8.0M | $3.1M | $4.9M | +160% |
| Working capital & other | $187M | −$18.5M | $206M | — |
| Operating cash flow | $202M | $235M | −$33.2M | -14% |
| Free cash flow (OCF − capex) | $135M | $165M | −$30.0M | -18% |
| Capital expenditures | $67.1M | $70.3M | −$3.2M | -5% |
Questions
How much did UDR's revenue grow year over year in Q3 2026?
UDR's revenue fell $3.8M (-0.9%) from $432M in Q3 2025 to $428M in Q3 2026. Operating margin 63.1% against 17.7% (+45.4 pts).