Jun 2026 (Q2 FY26) — Aug 6, 2026
Howard Hughes Holdings Inc. Q2 FY26 — Strategic Shift to Diversified Holding Company with Insurance Focus
Read the full callHoward Hughes Holdings earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,122 | +330.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 21.4 | −4.7 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 158 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $79.78 on 17 Oct 2025 → $66.7. High $89.85 (1 Dec 2025), low $60.22 (18 Sept 2026).
Overview
Call summaries
Howard Hughes Holdings Inc. Q2 FY26 — Strategic Shift to Diversified Holding Company with Insurance Focus
Read the full callEvery analysed call
Financials
Net profit, year on year: +1404% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 327 | 984 | 199 | 261 | 390 | 624 | 236 | 1,122 |
| Expenses | 222 | 738 | 164 | 196 | 218 | 580 | 185 | 896 |
| Operating profit | 198 | 261 | 48 | 68 | 190 | 26 | 51 | 240 |
| Operating margin | 60.6% | 26.5% | 24.1% | 26.0% | 48.6% | 4.2% | 21.5% | 21.4% |
| Interest | 44 | 42 | 41 | 44 | 44 | 41 | 42 | 46 |
| Profit before tax | 107 | 225 | 14 | -16 | 158 | 5 | 11 | 207 |
| Tax rate | 9.6% | 27.9% | 24.1% | 24.0% | 24.6% | −18.8% | 24.5% | 24.1% |
| Net profit | 73 | 156 | 11 | -12 | 120 | 6 | 8 | 158 |
| EPS ($ per share) | 1.46 | 3.15 | 0.21 | -0.22 | 2.03 | — | 0.14 | 2.68 |
| Line item | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Equity capital | — | 1 | 1 | 1 | 1 |
| Reserves | — | 168 | -384 | -186 | -62 |
| Total liabilities | — | 5,997 | 6,518 | 6,369 | 6,797 |
| Investments | — | — | — | — | 0 |
| Total assets | — | 9,603 | 9,577 | 9,211 | 10,639 |
| Line item | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash from operations | -284 | 325 | -258 | 397 | 462 |
| Cash from investing | 101 | -221 | -336 | -301 | -219 |
| Cash from financing | 156 | -222 | 549 | -150 | 855 |
| Net cash flow | -26 | -118 | -46 | -55 | 1,099 |
| Capital expenditure | -36 | -43 | -40 | -48 | -45 |
| Free cash flow | -320 | 282 | -299 | 349 | 418 |
71 filings between Oct 24, 2025 and Sep 23, 2026.
Purchases
$2.14M
4 purchases by 4 insiders
Sales
$1.64M
4 sales by 3 insiders
Also filed: 2 other filings.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| GRANDISSON MARC | $1.60M | — | Sep 23, 2026 |
| Tighe Mary Ann | — | $1.44M | Aug 11, 2026 |
| SELLERS R SCOT | $389.7K | — | Dec 23, 2025 |
| Davis Andrew D. | $64.5K | $104.5K | Sep 23, 2026 |
| Carman James | — | $96.3K | May 15, 2026 |
| Valane Joseph | $81.2K | — | Mar 13, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 23, 2026 | Davis Andrew D. Chief Operating Officer, HHC | Purchase | 1,000 | $64.5K |
| Sep 23, 2026 | GRANDISSON MARC Executive Chairman, Vantage | Purchase | 25,000 | $1.60M |
| Aug 11, 2026 | Tighe Mary Ann Director | Sale | 13,495 | $907.6K |
| Jul 15, 2026 | GRANDISSON MARC Executive Chairman, Vantage | Award | 68,653 | $0 |
| Jun 19, 2026 | SELLERS R SCOT Director | Award | 4,038 | $0 |
| Jun 19, 2026 | Eun David Director | Award | 3,290 | $0 |
| Jun 19, 2026 | GRANDISSON MARC Director | Award | 3,290 | $0 |
| Jun 19, 2026 | Wautier Jean-Baptiste Robert Bernard Director | Award | 2,169 | $0 |
| Jun 19, 2026 | Tighe Mary Ann Director | Award | 3,290 | $0 |
| Jun 19, 2026 | Lachman Thomas Cecil Director | Award | 3,290 | $0 |
| Jun 19, 2026 | PANUCCIO SUSAN Director | Award | 3,290 | $0 |
| Jun 19, 2026 | Williams Anthony Director | Award | 2,169 | $0 |
| Jun 4, 2026 | Pershing Square Capital Management, L.P. Director | Award | 140,000 | $1000.00M |
| May 15, 2026 | Carman James President, Houston Region | Sale | 1,500 | $96.3K |
| Apr 21, 2026 | Pershing Square Capital Management, L.P. Director | Other | 341,033 | $22.46M |
| Apr 21, 2026 | Pershing Square Capital Management, L.P. Director | Other | 341,033 | $22.46M |
| Apr 1, 2026 | Valane Joseph General Counsel & Secretary | Tax withheld | 686 | $43.3K |
| Mar 25, 2026 | Davis Andrew D. Chief Operating Officer, HHC | Sale | 1,636 | $104.5K |
| Mar 13, 2026 | Valane Joseph General Counsel & Secretary | Purchase | 1,260 | $81.2K |
| Feb 5, 2026 | Valane Joseph General Counsel & Secretary | Tax withheld | 483 | $38.7K |
| Feb 5, 2026 | O'Reilly David R. Director and CEO | Tax withheld | 3,848 | $308.0K |
| Feb 5, 2026 | Carman James President, Houston Region | Tax withheld | 285 | $22.8K |
| Feb 5, 2026 | Bustamante Jose Miguel President, Nevada | Tax withheld | 321 | $25.7K |
| Feb 5, 2026 | Verbinskaya Elena Chief Accounting Officer | Tax withheld | 156 | $12.5K |
| Feb 5, 2026 | Freericks Charles James Jr. President, Arizona | Tax withheld | 377 | $30.2K |
| Feb 5, 2026 | Davis Andrew D. See Remarks | Tax withheld | 396 | $31.7K |
| Feb 5, 2026 | Johnstone Douglas See Remarks | Tax withheld | 420 | $33.6K |
| Feb 5, 2026 | Smith Kristi Regional President, Columbia | Tax withheld | 384 | $30.7K |
| Feb 5, 2026 | Olea Carlos A. Chief Financial Officer | Tax withheld | 1,154 | $92.4K |
| Feb 3, 2026 | Davis Andrew D. See Remarks | Award | 9,994 | $0 |
| Feb 3, 2026 | Davis Andrew D. See Remarks | Award | 2,498 | $0 |
| Feb 3, 2026 | Carman James President, Houston Region | Award | 2,258 | $0 |
| Feb 3, 2026 | Bustamante Jose Miguel President, Nevada | Award | 3,123 | $0 |
| Feb 3, 2026 | Bustamante Jose Miguel President, Nevada | Award | 3,123 | $0 |
| Feb 3, 2026 | Davis Andrew D. See Remarks | Tax withheld | 1,587 | $126.6K |
| Feb 3, 2026 | Verbinskaya Elena Chief Accounting Officer | Award | 1,827 | $0 |
| Feb 3, 2026 | O'Reilly David R. Director and CEO | Award | 53,966 | $0 |
| Feb 3, 2026 | O'Reilly David R. Director and CEO | Award | 13,492 | $0 |
| Feb 3, 2026 | O'Reilly David R. Director and CEO | Tax withheld | 11,573 | $923.2K |
| Feb 3, 2026 | O'Reilly David R. Director and CEO | Award | 16,942 | $0 |
| Feb 3, 2026 | Johnstone Douglas See Remarks | Award | 3,904 | $0 |
| Feb 3, 2026 | Johnstone Douglas See Remarks | Award | 3,904 | $0 |
| Feb 3, 2026 | Johnstone Douglas See Remarks | Tax withheld | 1,613 | $128.7K |
| Feb 3, 2026 | Johnstone Douglas See Remarks | Award | 2,314 | $0 |
| Feb 3, 2026 | Olea Carlos A. Chief Financial Officer | Award | 16,190 | $0 |
| Feb 3, 2026 | Verbinskaya Elena Chief Accounting Officer | Award | 1,827 | $0 |
| Feb 3, 2026 | Olea Carlos A. Chief Financial Officer | Award | 4,047 | $0 |
| Feb 3, 2026 | Olea Carlos A. Chief Financial Officer | Tax withheld | 3,869 | $308.6K |
| Feb 3, 2026 | Olea Carlos A. Chief Financial Officer | Award | 7,153 | $0 |
| Feb 3, 2026 | Freericks Charles James Jr. President, Arizona | Award | 3,123 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Free account. Everything above stays public.
Write why you follow Howard Hughes Holdings Inc. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading