Howard Hughes Holdings (HHH) Cost of Revenue (2022 - 2026)
Howard Hughes Holdings (HHH) posted quarterly Cost of Revenue of $53.0 million for Q1 2026, up 4.42% year-over-year from $50.8 million in Q1 2025, and down 19.89% quarter-over-quarter from $66.2 million in Q4 2025.
Howard Hughes Holdings (HHH) Cost of Revenue (2022 - 2026) Analysis & Trends
Howard Hughes Holdings (HHH) has reported Cost of Revenue for 5 consecutive years, with $53.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 4.42% year-over-year to $53.0 million; the TTM figure through Mar 2026 stood at $215.7 million (up 2.53% YoY), while the FY2025 annual figure was $213.4 million, up 2.34% from the prior year.
- Cost of Revenue retreated to $53.0 million in Q1 2026 per HHH's latest filing, from $66.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $85.1 million in Q3 2022 and bottomed at -$44.9 million in Q4 2022.
- Historically, Cost of Revenue has averaged $52.1 million across 5 years, with a median of $51.9 million in 2023.
- Annual changes were most pronounced in 2023 — Cost of Revenue jumped 228.1% — and 2024, when it sank 40.85%.
- Howard Hughes Holdings' Cost of Revenue stood at -$44.9 million in 2022, then surged by 228.1% to $57.5 million in 2023, then advanced by 2.85% to $59.2 million in 2024, then grew by 11.89% to $66.2 million in 2025, then decreased by 19.89% to $53.0 million in 2026.
- Business Quant data shows HHH's Cost of Revenue at $53.0 million in Q1 2026, $66.2 million in Q4 2025, and $45.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Howard Hughes Holdings | 3.94 Bn | 3.94 Bn | 1.07 Bn | 55.21 Mn |
| 2 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.04 Bn | 3.04 Bn | - | - |
| 3 | Century Communities | 2.01 Bn | 1.92 Bn | 190.18 Mn | 737.05 Mn |
| 4 | Forestar | 1.49 Bn | 1.10 Bn | 84.10 Mn | 322.90 Mn |
| 5 | Five Point Holdings | 389.23 Mn | 39.86 Mn | -23.72 Mn | 37.62 Mn |
| 6 | Belpointe PREP | 187.10 Mn | 187.10 Mn | - | - |
| 7 | Amrep | 122.80 Mn | 70.12 Mn | 4.41 Mn | 6.61 Mn |
| 8 | Logistic Properties of the Americas | 106.67 Mn | 106.67 Mn | - | - |
| 9 | Smith Douglas Homes | 103.50 Mn | 89.30 Mn | 47.92 Mn | 225.11 Mn |
| 10 | JFB Construction Holdings | 76.81 Mn | 68.84 Mn | 1.33 Mn | 6.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 55.21 Mn |
| Jun 30, 2026 | 55.21 Mn |
| Mar 31, 2026 | 53.03 Mn |
| Mar 31, 2026 | 53.03 Mn |
| Dec 31, 2025 | 66.20 Mn |
| Dec 31, 2025 | 66.20 Mn |
| Sep 30, 2025 | 45.94 Mn |
| Sep 30, 2025 | 45.94 Mn |
| Jun 30, 2025 | 50.52 Mn |
| Jun 30, 2025 | 50.52 Mn |
| Mar 31, 2025 | 50.79 Mn |
| Mar 31, 2025 | 50.79 Mn |
| Dec 31, 2024 | 59.17 Mn |
| Dec 31, 2024 | 59.17 Mn |
| Sep 30, 2024 | 50.84 Mn |
| Sep 30, 2024 | 50.84 Mn |
| Jun 30, 2024 | 49.57 Mn |
| Jun 30, 2024 | 49.57 Mn |
| Mar 31, 2024 | 49.01 Mn |
| Mar 31, 2024 | 49.01 Mn |