Howard Hughes Holdings (HHH) Cost of Revenue (2022 - 2026)
Howard Hughes Holdings (HHH) reported Cost of Revenue of $53.0 million for Q1 2026, up 4.42% year-over-year from $50.8 million in Q1 2025, and up 141.4% quarter-over-quarter from -$128.1 million in Q4 2025.
Howard Hughes Holdings (HHH) Cost of Revenue (2022 - 2026) Analysis & Trends
Howard Hughes Holdings (HHH) has 5 years of Cost of Revenue data on file, last reported at $53.0 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $53.0 million, up 4.42% year-over-year; the trailing twelve-month figure through Mar 2026 was -$24.9 million (down 140.11% YoY), and the FY2025 annual result was $19.1 million, up 27.62% from the prior year.
- Cost of Revenue grew to $53.0 million in Q1 2026 per HHH's latest filing, from -$128.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $83.8 million in Q2 2023 and troughed at -$224.8 million in Q4 2022.
- A 5-year average of -$11.8 million and a median of $3.8 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue soared 1686.91% in 2023, then slumped 3530.66% in 2025.
- A 5-year view of Cost of Revenue shows it stood at -$224.8 million in 2022, then soared by 40.13% to -$134.6 million in 2023, then surged by 102.77% to $3.7 million in 2024, then tumbled by 3530.66% to -$128.1 million in 2025, then jumped by 141.4% to $53.0 million in 2026.
- Business Quant data shows HHH's Cost of Revenue at $53.0 million in Q1 2026, -$128.1 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 | Vesta Real Estate Corporation, S.A.B. de C.V | 19.62 Bn | 19.42 Bn | - | - |
| 2 | Howard Hughes Holdings | 3.94 Bn | 2.17 Bn | 182.88 Mn | 53.03 Mn |
| 3 | Century Communities | 1.68 Bn | 1.60 Bn | 637.90 Mn | 151.77 Mn |
| 4 | Forestar | 1.45 Bn | 1.09 Bn | 80.20 Mn | 294.10 Mn |
| 5 | Five Point Holdings | 358.29 Mn | 1.49 Bn | 13.58 Mn | - |
| 6 | Sky Harbour | 314.26 Mn | 321.46 Mn | 7.09 Mn | 969,000.00 |
| 7 | Belpointe PREP | 181.39 Mn | 162.43 Mn | - | - |
| 8 | Amrep | 137.42 Mn | 86.93 Mn | 14.23 Mn | 342,000.00 |
| 9 | Smith Douglas Homes | 116.87 Mn | 442.72 Mn | 40.45 Mn | 165.99 Mn |
| 10 | JFB Construction Holdings | 89.26 Mn | 64.00 Mn | 681,192.00 | -11.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 53.03 Mn |
| Mar 31, 2026 | 53.03 Mn |
| Dec 31, 2025 | -128.10 Mn |
| Dec 31, 2025 | -128.10 Mn |
| Sep 30, 2025 | 45.94 Mn |
| Sep 30, 2025 | 45.94 Mn |
| Jun 30, 2025 | 4.27 Mn |
| Jun 30, 2025 | 4.27 Mn |
| Mar 31, 2025 | 50.79 Mn |
| Mar 31, 2025 | 50.79 Mn |
| Dec 31, 2024 | 3.73 Mn |
| Dec 31, 2024 | 3.73 Mn |
| Sep 30, 2024 | 3.58 Mn |
| Sep 30, 2024 | 3.58 Mn |
| Jun 30, 2024 | 3.87 Mn |
| Jun 30, 2024 | 3.87 Mn |
| Mar 31, 2024 | 3.82 Mn |
| Mar 31, 2024 | 3.82 Mn |
| Dec 31, 2023 | -134.62 Mn |
| Dec 31, 2023 | -134.62 Mn |