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Howard Hughes Holdings Inc.

For the period ended Jun 30, 2026. Filed Aug 5, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 5, 2026

HHH$77.73-0.4%Stored close · as of Nov 6, 2026
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended June 30, 2026

or

☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Commission file number 001-41779

(Exact name of registrant as specified in its charter)

Delaware93-1869991
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification Number)

9950 Woodloch Forest Drive, Suite 1100, The Woodlands, Texas 77380

(Address of principal executive offices, including zip code)

(281) 719-6100

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered:
Common stock, par value $0.01 per shareHHHNew York Stock Exchange

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

☒ Yes ☐No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

☒ Yes ☐No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☒Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

☐ Yes ☒ No

The number of shares of common stock, $0.01 par value, outstanding as of July 29, 2026, was 59,721,036.

TABLE OF CONTENTSPage
PART I
Item 1. · Financial Statements
Condensed Consolidated Financial Statements (Unaudited)2
Condensed Consolidated Balance Sheets2
Condensed Consolidated Statements of Operations3
Condensed Consolidated Statements of Comprehensive Income (Loss)4
Condensed Consolidated Statements of Equity5
Condensed Consolidated Statements of Cash Flows6
Notes to Condensed Consolidated Financial Statements8
Note 1. Presentation of Financial Statements and Significant Accounting Policies8
Note 2. Vantage Acquisition17
Note 3. Pershing Square21
Note 4. Investments in Fixed Maturity and Equity Securities23
Note 5. Investments in Unconsolidated Ventures25
Note 6. Mortgages, Notes, and Loans Payable, Net27
Note 7. Derivative Instruments and Hedging Activities29
Note 8. Fair Value31
Note 9. Reserves for Claims and Claim Expenses33
Note 10. Acquisitions and Dispositions of Real Estate Assets34
Note 11. Other Assets and Liabilities34
Note 12. Commitments and Contingencies35
Note 13. Income Taxes36
Note 14. Warrants36
Note 15. Accumulated Other Comprehensive Income (Loss)37
Note 16. Earnings Per Share38
Note 17. Revenues39
Note 18. Leases40
Note 19. Segments42
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations46
Forward-Looking Information47
Overview49
Results of Operations51
Liquidity and Capital Resources62
Critical Accounting Policies and Estimates66
Item 3.Quantitative and Qualitative Disclosures about Market Risk69
Item 4.Controls and Procedures70
PART II
Item 1.Legal Proceedings71
Item 1A.Risk Factors71
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds76
Item 3.Defaults Upon Senior Securities76
Item 4.Mine Safety Disclosures76
Item 5.Other Information76
Item 6.Exhibits77
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.