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
DateValue
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