UDR, Inc.UDREarnings & Financial Report
UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.
UDR Q1 FY2026 Key Financial Metrics
Revenue
$425.8M
Gross Profit
N/A
Operating Profit
$229.8M
Net Profit
$189.8M
Gross Margin
N/A
Operating Margin
54.0%
Net Margin
44.6%
YoY Growth
0.9%
EPS
$0.63
UDR, Inc. Q1 FY2026 Financial Summary
UDR, Inc. reported revenue of $425.8M (up 0.9% YoY) for Q1 FY2026, with a net profit of $189.8M (up 147.2% YoY) (44.6% margin).
Key Financial Metrics
| Total Revenue | $425.8M |
|---|---|
| Net Profit | $189.8M |
| Gross Margin | N/A |
| Operating Margin | 54.0% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
UDR, Inc. Q1 FY2026 revenue of $425.8M breaks down across 2 segments, led by Rental income at $423.3M (99.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Rental income | $423.3M | 99.4% |
| Joint venture management and other fees | $2.5M | 0.6% |
UDR, Inc. Annual Revenue by Year
UDR, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.7B).
UDR, Inc. Quarterly Revenue & Net Profit History
UDR, 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 |
|---|---|---|---|---|
| Q1 FY2026 | $425.8M | +0.9% | $189.8M | 44.6% |
| Q4 FY2025 | $433.1M | +2.5% | $222.9M | 51.5% |
| Q3 FY2025 | $431.9M | +2.8% | $40.4M | 9.4% |
| Q2 FY2025 | $425.4M | +2.4% | $37.7M | 8.9% |
| Q1 FY2025 | $421.9M | +2.0% | $76.7M | 18.2% |
| Q4 FY2024 | $422.7M | +2.3% | $-5.0M | -220.5% |
| Q3 FY2024 | $420.2M | +2.4% | $22.6M | 5.4% |
| Q2 FY2024 | $415.3M | +2.7% | $28.9M | 7.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $415.3M | $420.2M | $422.7M | $421.9M | $425.4M | $431.9M | $433.1M | $425.8M |
| YoY Growth | 2.7% | 2.4% | 2.3% | 2.0% | 2.4% | 2.8% | 2.5% | 0.9% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $11.12B | $11.08B | $10.90B | $10.75B | $10.65B | $10.60B | $10.61B | $10.33B |
| Liabilities | $6.37B | $6.47B | $6.44B | $6.36B | $6.36B | $6.45B | $6.46B | $6.23B |
| Equity | $3.72B | $3.51B | $3.44B | $3.33B | $3.32B | $3.27B | $3.29B | $3.29B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $238.5M | $230.3M | $876.8M | $156.2M | $250.3M | $234.9M | $902.9M |