MRP · XBRL financial data
Millrose Properties financial statements, every quarter
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (MRP's year ends in late December)
| In millions of dollars | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|
| Revenue | 83 | 149 | 179 | 190* | 195 | 197 |
| Selling, general and administrative | — | — | — | year only | — | — |
| Total operating expenses | 37 | 22 | 26 | 29* | 29 | 29 |
| Operating income (loss) | 46 | 127 | 153 | 161* | 166 | 168 |
| Interest income | 1 | 2 | 2 | 2* | 1 | 1 |
| Interest expense | 3 | 10 | 44 | 35* | 39 | 40 |
| Other income (expense) | — | (1) | (1) | (0)* | (0) | (0) |
| Income tax expense (benefit) | 4 | 5 | 6 | 6* | 5 | 2 |
| Net income (loss) | 40 | 113 | 105 | 122* | 123 | 126 |
| Earnings per share, basic USD per share | 0.39 | 0.68 | 0.63 | 0.74* | 0.74 | 0.76 |
| Earnings per share, diluted USD per share | 0.39 | 0.68 | 0.63 | 0.74* | 0.74 | 0.76 |
| Weighted average shares, basic millions of shares | 166 | 166 | 166 | 166* | 166 | 166 |
| Weighted average shares, diluted millions of shares | 166 | 166 | 166 | 166* | 166 | 166 |
Balance sheet
CSVFiscal quarters (MRP's year ends in late December)
| In millions of dollars | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 90 | 67 | 243 | 35 | 49 | 34 |
| Inventory | 6,999 | 7,845 | 8,360 | — | — | — |
| Total assets | 7,152 | 7,974 | 9,024 | 9,258 | 9,570 | 9,707 |
| Total liabilities | 1,277 | 2,099 | 3,165 | 3,402 | 3,716 | 3,855 |
| Retained earnings (accumulated deficit) | 2 | (0) | — | — | — | — |
| Total stockholders' equity | 5,876 | 5,874 | 5,858 | 5,856 | 5,854 | 5,852 |
| Total liabilities and equity | 7,152 | 7,974 | 9,024 | 9,258 | 9,570 | 9,707 |
Cash flows
CSVFiscal quarters (MRP's year ends in late December)
| In millions of dollars | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|
| Net income (loss) | 40 | 113 | 105 | 122* | 123 | 126 |
| Stock-based compensation | — | — | 0* | 0* | 1 | 0* |
| Net cash from operating activities | 21 | 109* | 123* | year only | 797 | 886* |
| Net cash from investing activities | (606) | (727)* | (775)* | (3,614)* | (962) | (835)* |
| Dividends paid | — | — | 115* | 121* | 125 | 126* |
| Net cash from financing activities | 674 | 595* | 828* | (13)* | 179 | (66)* |
| Net change in cash | 90 | (23)* | 176* | (208)* | 14 | (15)* |
Compare with peers
SIC 6500 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6500 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Millrose Properties | 34 | 197 | 886* | not reported | — | 10-QJun 30, 2026 |
| Terreno Realty | 51 | 125 | 75* | 109.0M | — | 10-QJun 30, 2026 |
| Urban Edge Properties | 63 | 120 | not reported | 126.3M | — | 10-QSep 30, 2026 |
| Curbline Properties | 123 | 71 | 42* | 121.4M | — | 10-QSep 30, 2026 |
| Cushman & Wakefield | 501 | 2,763 | 54* | 234.7M | — | 10-QJun 30, 2026 |
| Innovative Industrial Properties | 142 | 65 | 49* | 27.6M | — | 10-QSep 30, 2026 |
| Getty Realty | 8.8 | 63 | 31* | 67.1M | — | 10-QSep 30, 2026 |
| Ellington Financial | 247 | not reported | (19)* | 128.9M | 12.9 quarters | 10-QJun 30, 2026 |
| Hudson Pacific Properties | 81 | 188 | not reported | 54.3M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.