The financials
Millrose Properties, Inc. by the numbers
Millrose Properties, Inc. (MRP) reported revenue of $195M in Q1 2026 (quarter ended March 31, 2026), up 136% from the same quarter a year earlier. That came with net income of $123M (63% of revenue). For the full year FY2025, revenue was $600M and net income $380M.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $195M | $83M | +136% |
| Operating income | $166M | $46M | +264% |
| Net income | $123M | $40M | +209% |
| Diluted EPS | $0.74 | $0.39 | +90% |