NYSE$HHH

Howard Hughes Holdings Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Howard Hughes Holdings reported Q1 2026 total revenues of $235.9M (+18% YoY) with net income of $8.1M and EPS of $0.14.

For the quarter ended March 31, 2026, HHH reported total revenues of $235.9 million versus $199.3 million a year ago, led by rental revenue of $113.5 million. Net income was $8.1 million, or $0.14 per diluted share, compared with $10.8 million, or $0.21 per share, in Q1 2025.

  • Total revenues $235.9M (+18% YoY).
  • Rental revenue $113.5M; MPC and other revenues grew.
  • Net income $8.1M; EPS $0.14.
  • Loss on debt extinguishment of $10.2M impacted pretax income.

Headline financials

Total Revenue

$236M

Previous: $199M+18.4%
EPS (adj)

$0.14

Previous: $1.27-89.0%
Capital Expenditures

-$35.1M

Previous: -$66.6M+47.3%
Net Income

$8.23M

Previous: $10.8M-24.1%
Operating Income

$50.7M

Previous: $47.9M+5.7%

Revenue & EPS history

Howard Hughes · Revenue · Quarterly

$236M

Q1 2026+18.4%vs Q1 2025
Beat estimate in 2 of 4 quarters(50%)
ActualEstimate

Revenue by segment

Howard Hughes · $482M total across 5 segments · Q4 2022

  • Condominium rights and unit sales
    $217M
  • Master Planned Communities land sales
    $117M
  • Rental revenue
    $103M
  • Other land, rental, property revenues
    $24.6M
  • Builder price participation
    $19.9M

Forward guidance

Management discusses master-planned community sales, multifamily leasing, and capital recycling without numeric EPS guidance.

Tailwinds

  • Revenue growth across rental and other lines.
  • Operating income of $50.7M.

Headwinds

  • Net income down year over year.
  • Debt extinguishment and equity-method losses.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.7%

Avg return

Earnings day

-1.0%

Avg return

5 days after

-0.2%

Avg return

30 days after

45%

5 / 11 earnings

Positive

+11.3%

Q3 2025

Best reaction

-9.7%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.5%+1.0%+2.4%
Q4 2025-9.7%-11.5%-25.0%
Q3 2025+11.3%+7.3%+6.5%
Q2 2025+1.7%+4.7%+14.1%
Q1 2025+1.8%+4.3%-0.1%
Q4 2024+0.4%-0.2%+0.3%
Q3 2024-0.4%-1.6%-2.0%
Q2 2024+0.0%-0.4%+13.8%
Q1 2024+0.0%-8.1%-10.3%
Q4 2022+0.0%-3.1%-4.1%
Q3 2022-1.2%-3.1%+2.6%

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