UDR Quarterly Income Statement
NYSE: UDRReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
UDR revenue and earnings
In the quarter ended Mar 31, 2026, UDR generated $425.8 million in revenue, up 0.9% from the same quarter a year earlier. Net income was $189.8 million (+147.4% year over year), for a net margin of 44.6% versus a median of 9.4% in the prior 5 quarters. Operating margin was 54.0%.
Diluted earnings per share came in at $0.57, up from $0.23.
Summary generated from market data by MetaCap's automated system. Methodology
UDR income statement (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 425.85M | 433.11M | 431.86M | 425.40M | 421.95M | 422.73M | 420.16M | 415.32M | 413.63M | 413.27M | 410.13M | 404.55M |
| Revenue growth (YoY) | +0.92% | +2.46% | +2.79% | +2.43% | +2.01% | +2.29% | +2.45% | +2.66% | +3.53% | +3.41% | +4.81% | +9.58% |
| Selling, General & Admin | — | — | 10.53M | 10.01M | 9.49M | — | 9.62M | 8.97M | 8.32M | — | — | — |
| Operating Income | 229.81M | 277.67M | 76.36M | 77.39M | 122.19M | 66.29M | 69.86M | 68.67M | 79.76M | 94.25M | 78.07M | 396.50M |
| Interest Expense | 48.58M | 49.68M | 50.57M | 48.66M | 47.70M | 49.63M | 50.21M | 47.81M | 48.06M | 47.35M | 44.66M | 45.11M |
| Other Income (Expense) | 2.43M | 5.41M | 3.71M | 8.13M | 1.92M | -30.86M | 6.16M | 6.50M | 5.87M | 9.37M | -3.07M | 10.45M |
| Pretax Income | 203.36M | 238.32M | 43.51M | 40.49M | 82.23M | -5.21M | 23.92M | 31.40M | 46.65M | 36.05M | 35.85M | 371.53M |
| Income Tax | 455.00K | 37.00K | 382.00K | 258.00K | 158.00K | 312.00K | -156.00K | 386.00K | 337.00K | 93.00K | 428.00K | 1.35M |
| Net Income | 189.83M | 222.90M | 40.41M | 37.67M | 76.72M | -5.04M | 22.60M | 28.88M | 43.15M | 32.99M | 32.86M | 347.55M |
| Net Income growth (YoY) | +147.43% | — | +78.82% | +30.43% | +77.80% | -115.29% | -31.23% | -91.69% | +39.35% | -25.92% | +39.20% | +6736.05% |
| EPS (Basic) | 0.58 | 0.67 | 0.12 | 0.11 | 0.23 | -0.01 | 0.06 | 0.08 | 0.13 | 0.10 | 0.10 | 1.05 |
| EPS (Diluted) | 0.57 | 0.67 | 0.12 | 0.11 | 0.23 | -0.01 | 0.06 | 0.08 | 0.13 | 0.10 | 0.10 | 1.05 |
| Shares Outstanding (Basic) | 327.30M | — | 330.67M | 330.78M | 330.63M | — | 329.42M | 329.06M | 328.82M | — | 328.76M | 328.96M |
| Shares Outstanding (Diluted) | 330.29M | — | 331.24M | 331.71M | 331.72M | — | 330.56M | 329.57M | 328.95M | — | 329.20M | 332.48M |
| EBITDA | 394.41M | 445.73M | 249.29M | 247.97M | 290.66M | 238.12M | 244.16M | 243.83M | 253.93M | 269.29M | 249.31M | 569.11M |
| Operating Margin | 53.96% | 64.11% | 17.68% | 18.19% | 28.96% | 15.68% | 16.63% | 16.53% | 19.28% | 22.81% | 19.04% | 98.01% |
| Net Margin | 44.58% | 51.47% | 9.36% | 8.86% | 18.18% | -119.00% | 5.38% | 6.95% | 10.43% | 7.98% | 8.01% | 85.91% |
This table shows 12 quarterly periods of UDR's income statement, from Q1 2026 back to Q2 2023, across 15 line items including revenue, selling, general & admin, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow UDR's reporting calendar. What is a income statement?