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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

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Millrose Properties, Inc.: income statement, annual
Fiscal year2025Dec 2025LTMJun 2026
Revenue600761
Selling, general and administrative25—
Operating income486647
Interest expense92158
Income before tax400495
Income tax2119
Net income380476
Diluted EPS$2.44$2.87
Diluted shares (average)166m166m

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Millrose Properties, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Millrose Properties, Inc.