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UDR Q2 FY25: where the revenue came from and where it went

The whole income statement of UDR for this quarter, as one diagram: what earned the revenue, and what it went on.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 31, 2025 10-Q accession 0000074208-25-000051

Revenue$0.43B +2% year over year
Operating profit$0.04B 10% margin
Net profit$0.04B 9% margin
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The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 0.43 100% +2%
Western region lease 0.13 30%
Same communities same store 0.08 19%
Northeast region lease 0.08 19%
Same store communities 0.06 13%
Southwestern region lease 0.05 12%
Total communities other 0.02 3%
Other revenue 0.01 3%
Mid-Atlantic region other <0.01 1%
Operating expenses−0.39 91%
Property operating−0.0818%+1pp
Property taxes−0.0512%−1pp
Interest−0.0511%+0pp
Underwriting−0.012%+0pp
G&A−0.025%+0pp
Other−0.1843%+0pp
Operating profit0.0410% margin+2pp
Interest & other costs−<0.01
Net profit0.04 9% margin+2pp

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Filing on EDGAR More quarters of UDR

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