Millrose Properties, Inc. income statement
In fiscal 2025, Millrose Properties, Inc. reported revenue of $600m, operating income of $486m (a 80.9% margin) and net income of $380m, or $2.44 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Quarter | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 83 | 149 | 179 | 190 | 195 | 197 |
| Operating income | 46 | 127 | 153 | 161 | 166 | 168 |
| Interest expense | 3 | 10 | 44 | 35 | 39 | 40 |
| Income before tax | 44 | 118 | 111 | 128 | 128 | 128 |
| Income tax | 4 | 5 | 6 | 6 | 5 | 2 |
| Net income | 40 | 113 | 105 | 122 | 123 | 126 |
| Diluted EPS | $0.39 | $0.68 | $0.63 | $0.74 | $0.74 | $0.76 |
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