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Consolidated balance sheets

In millions of USD, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
ASSETS
Master Planned Communities assets
Buildings and equipment
Less: accumulated depreciation
Land
Developments
Net investment in real estate
Investments in unconsolidated ventures
Net investment in lease receivable
Cash and cash equivalents
Restricted cash
Accounts receivable, net
Municipal Utility District (MUD) receivables, net
Notes receivable, net
Deferred expenses, net
Operating lease right-of-use assets
Intangibles, net
Goodwill
Other assets, net
Assets of discontinued operations
Total assets
LIABILITIES
Mortgages, notes, and loans payable, net
Operating lease obligations
Deferred tax liabilities, net
Accounts payable and other liabilities
Liabilities of discontinued operations
Other liabilities, net
Total liabilities
EQUITY
Preferred stock: no shares authorized or issued as of December 31, 2023; $0.01 par value; 50,000,000 shares authorized, and none issued as of December 31, 2022
Common stock: $0.01 par value; 10 shares authorized, 10 issued, and 10 outstanding as of June 30, 2026, 10 shares issued, and 10 outstanding as of December 31, 2025
Additional paid-in capital
Retained earnings (accumulated deficit) attributable to Howard Hughes Holdings Inc.
Accumulated other comprehensive income (loss)
Treasury stock, at cost, no shares as of December 31, 2023, and 6,424,276 shares as of December 31, 2022
Total equity attributable to Howard Hughes Holdings Inc.
Noncontrolling interests
Total equity
Total liabilities and equity

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