UDR Q1 FY26: 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
- Jan 1 – Mar 31, 2026
- Reported
- Apr 30, 2026
Revenue$0.43B
+1% year over year
Operating profit$0.20B
48% margin
Net profit$0.19B
45% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 0.43 | 100% | +1% |
| West region | 0.13 | 30% | |
| Northeast region | 0.08 | 20% | |
| Mid-Atlantic region | 0.08 | 19% | |
| Same store communities | 0.05 | 12% | |
| Southwest region | 0.05 | 12% | |
| Non-Mature Communities/Other | 0.03 | 6% | |
| Other | 0.01 | 1% | |
| Operating expenses | −0.22 | 52% | |
| Property operating | −0.08 | 19% | +1pp |
| D&A | −0.06 | 15% | −1pp |
| Interest | −0.05 | 12% | +0pp |
| Underwriting | −0.01 | 2% | +0pp |
| G&A | −0.02 | 4% | +0pp |
| Operating profit | 0.20 | 48% margin | +28pp |
| Interest & other costs | −0.01 | ||
| Net profit | 0.19 | 45% margin | +26pp |
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