UDR · Q3 FY25 · Jul 1 – Sep 30, 2025
UDR Q3 FY25: where the revenue came from and where it went
UDR Q3 FY25: revenue $0.43B (+3% year over year). Net profit $0.04B. Largest cohort Western region lease $0.13B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 30, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$0.43B
+3% year over year
Operating profit$0.04B
10% margin
Net profit$0.04B
9% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 0.43 | 100% | +3% |
| Western region lease | 0.13 | 29% | |
| 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 | 4% | |
| Other | 0.01 | 3% | |
| Mid-Atlantic region other | <0.01 | 1% | |
| Property operating | −0.08 | 18% | +0pp |
| Property taxes | −0.05 | 12% | +0pp |
| Interest | −0.05 | 12% | +0pp |
| Underwriting | −0.01 | 2% | +0pp |
| G&A | −0.02 | 5% | +0pp |
| Other | −0.18 | 41% | +0pp |
| Operating profit | 0.04 | 10% margin | +4pp |
| Interest & other costs | −<0.01 | ||
| Net profit | 0.04 | 9% | +4pp |
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