Filing Flows › UDR (UDR) › How it makes money
How UDR (UDR) makes money
UDR (UDR) made $428M of revenue in the third quarter 2026 (Q3 2026), -0.9% from a year earlier. Of every dollar of revenue, 63¢ was left as operating profit, 50¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $428M | 100.0% |
| Operating profit | $270M | 63.1% |
| Income tax | $489K | 0.1% |
| Net earnings | $216M | 50.5% |
| Operating cash flow | $202M | 47.1% |
| Free cash flow | $135M | 31.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $428M | -0.9% |
| Q2 2026 | $425M | 0% |
| Q1 2026 | $426M | +0.9% |
| Q4 2025 | $433M | +2% |
| Q3 2025 | $432M | +3% |
| Q2 2025 | $425M | +2% |
| Q1 2025 | $422M | +2% |
From UDR's 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does UDR make money?
UDR (UDR) made $428M of revenue in the third quarter 2026 (Q3 2026), -0.9% from a year earlier. Of every dollar of revenue, 63¢ was left as operating profit, 50¢ was left as net earnings.
What is UDR's profit margin?
Net earnings were $216M, 50.5% of revenue, in the third quarter 2026; the operating margin was 63.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.