Armada Hoffler Properties, Inc.AHHEarnings & Financial Report
Armada Hoffler Properties, Inc. is a publicly traded U.S. real estate investment trust operating across the Mid-Atlantic and Southeast regions. It develops, owns, and manages a diversified portfolio of office, retail, and multifamily residential properties, and also offers construction and development services for third-party clients.
Revenue
$116.8M
Gross Profit
$48.8M
Operating Profit
$13.9M
Net Profit
$3.2M
Gross Margin
41.8%
Operating Margin
11.9%
Net Margin
2.7%
YoY Growth
-29.6%
EPS
$0.00
Armada Hoffler Properties, Inc. Q2 FY2024 Financial Summary
Armada Hoffler Properties, Inc. reported revenue of $116.8M (down 29.6% YoY) for Q2 FY2024, with a net profit of $3.2M (down 73.3% YoY) (2.7% margin). Cost of goods sold was $68.0M, operating expenses totaled $34.9M.
Key Financial Metrics
| Total Revenue | $116.8M |
|---|---|
| Net Profit | $3.2M |
| Gross Margin | 41.8% |
| Operating Margin | 11.9% |
| Report Period | Q2 FY2024 |
Armada Hoffler Properties, Inc. Annual Revenue by Year
Armada Hoffler Properties, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $285.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $285.2M |
| 2024 | $433.2M |
| 2023 | $413.1M |
| 2022 | $234.9M |
Armada Hoffler Properties, Inc. Quarterly Revenue & Net Profit History
Armada Hoffler Properties, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $75.6M | +0.8% | $2.4M | 3.1% |
| Q3 FY2025 | $72.7M | -36.5% | $80.0K | 0.1% |
| Q2 FY2025 | $69.1M | -40.8% | $5.9M | 8.6% |
| Q1 FY2025 | $67.8M | -46.6% | $-2.8M | -4.1% |
| Q4 FY2024 | $75.0M | -40.9% | $23.4M | 31.2% |
| Q3 FY2024 | $114.4M | -31.1% | $-5.0M | -4.4% |
| Q2 FY2024 | $116.8M | -29.6% | $3.2M | 2.7% |
| Q1 FY2024 | $127.0M | -11.9% | $14.1M | 11.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $127.0M | $116.8M | $114.4M | $75.0M | $67.8M | $69.1M | $72.7M | $75.6M |
| YoY Growth | -11.9% | -29.6% | -31.1% | -40.9% | -46.6% | -40.8% | -36.5% | 0.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.60B | $2.57B | $2.56B | $2.51B | $2.47B | $2.58B | $2.58B | $2.60B |
| Liabilities | $1.80B | $1.78B | $1.68B | $1.62B | $1.60B | $1.72B | $1.73B | $1.77B |
| Equity | $571.4M | $562.7M | $663.9M | $670.6M | $657.4M | $652.0M | $638.8M | $627.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $46.5M | $17.4M | $27.3M | $112.0M | $107000 | $11.1M | $26.3M | $64.2M |