UDR financials
$33.95+0.35%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $425.4M | $425.8M | $433.1M | $431.9M | $425.4M | $421.9M | $422.7M | $420.2M | $415.3M | $413.6M | $413.3M | $410.1M |
| Gross profit | $349.1M | $345.1M | $359.1M | $352.5M | $349.8M | $346.0M | $350.6M | $343.7M | $344.9M | $340.2M | $344.8M | $338.5M |
| Gross margin | 82.1% | 81.0% | 82.9% | 81.6% | 82.2% | 82.0% | 82.9% | 81.8% | 83.0% | 82.2% | 83.4% | 82.5% |
| Operating income | $80.2M | $72.4M | $82.7M | $76.4M | $77.4M | $74.3M | $66.3M | $69.9M | $68.7M | $62.9M | $68.9M | $78.1M |
| Net income | $68.8M | $188.6M | $221.7M | $39.2M | $37.9M | $75.5M | -$6.2M | $21.4M | $27.7M | $41.9M | $31.8M | $31.6M |
| Net margin | 16.2% | 44.3% | 51.2% | 9.1% | 8.9% | 17.9% | −1.5% | 5.1% | 6.7% | 10.1% | 7.7% | 7.7% |
| Diluted EPS | $0.21 | $0.57 | $0.67 | $0.12 | $0.11 | $0.23 | $-0.02 | $0.06 | $0.08 | $0.13 | $0.10 | $0.10 |
| EBITDA | $246.8M | $242.7M | $254.0M | $251.0M | $251.3M | $246.0M | $244.5M | $245.6M | $243.8M | $243.3M | $68.9M | $249.3M |
| Operating cash flow | $262.2M | $128.7M | $261.4M | $234.9M | $250.3M | $156.2M | $240.5M | $230.3M | $238.5M | $167.6M | $219.1M | $203.6M |
| Free cash flow | $171.8M | $55.4M | $18.0M | $155.7M | $163.9M | $85.5M | $169.6M | $143.8M | $144.3M | $79.9M | $105.9M | $66.9M |
| Diluted shares | 323.3M | 330.3M | 329.5M | 331.2M | 331.7M | 331.7M | 331.4M | 330.6M | 329.6M | 329.0M | 325.3M | 329.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.2M | $1.3M | $1.2M | $1.2M | $1.5M | $1.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $5.81B | $5.69B | $5.82B | $5.83B | $5.78B | $5.81B |
| Total assets | $10.27B | $10.33B | $10.61B | $10.60B | $10.65B | $10.75B |
| Total liabilities | $6.43B | $6.23B | $6.46B | $6.45B | $6.36B | $6.36B |
| Shareholders' equity | $2.94B | $3.29B | $3.29B | $3.28B | $3.33B | $3.33B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology