Revenue Growth Remains Steady
Total revenue increased 0.9% year-over-year to $425.8M in Q1 FY2026 from $421.9M in Q1 FY2025, reflecting continued demand for UDR's multifamily apartment communities despite a competitive rental market environment.
UDR, Inc. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: UDR delivered strong Q1 FY2026 results with revenue up 0.9% to $425.8M, while net income surged 147.4% to $189.8M and operating income nearly doubled to $229.8M, driven by significant margin expansion.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue increased 0.9% year-over-year to $425.8M in Q1 FY2026 from $421.9M in Q1 FY2025, reflecting continued demand for UDR's multifamily apartment communities despite a competitive rental market environment.
Operating income surged 88.1% year-over-year to $229.8M from $122.2M, with operating margin expanding approximately 25 percentage points to 54.0%, suggesting significant improvement in cost management or one-time gains within the period.
Net income jumped 147.4% to $189.8M from $76.7M in the prior-year period, with net margin reaching 44.6%, a substantial improvement that likely reflects both operational gains and potential asset disposition proceeds.
Revenue
$425.85M
++0.92% YoY
EPS (Basic)
$0.58
++152.17% YoY
Operating Income
$229.81M
++88.06% YoY
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