Howard Hughes Holdings Inc.
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
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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$85.60+10.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
| thousands except par values and share amounts | June 30, 2026 | December 31, 2025 |
|---|---|---|
| ASSETS | ||
| Master Planned Communities assets | $2,646,774 | $2,635,077 |
| Buildings and equipment | 4,031,804 | 4,028,862 |
| Less: accumulated depreciation | (1,117,166) | (1,082,124) |
| Land | 335,872 | 307,625 |
| Developments | 1,072,034 | 1,477,615 |
| Net investment in real estate | 6,969,318 | 7,367,055 |
| Investments in fixed maturity securities | 246,583 | — |
| Investments in equity securities | 1,077,535 | — |
| Short-term investments | 27,822 | — |
| Investments in unconsolidated ventures | 186,153 | 170,122 |
| Cash and cash equivalents | 2,647,959 | 1,468,507 |
| Restricted cash | 717,395 | 628,651 |
| Accounts receivable, net | 940,400 | 134,122 |
| Municipal Utility District (MUD) receivables, net | 579,160 | 459,729 |
| Reinsurance recoverable on paid and unpaid losses | 601,602 | — |
| Deferred expenses, net | 175,243 | 160,966 |
| Intangibles, net | 586,439 | 34,658 |
| Goodwill | 282,218 | 2,336 |
| Other assets, net | 872,216 | 213,315 |
| Total assets | $15,910,043 | $10,639,461 |
| LIABILITIES | ||
| Mortgages, notes, and loans payable, net | $5,456,403 | $5,109,828 |
| Reserves for claims and claim expenses | 2,115,416 | — |
| Unearned premiums | 1,406,691 | — |
| Deferred tax liabilities, net | 223,113 | 164,472 |
| Other liabilities, net | 1,678,683 | 1,522,915 |
| Total liabilities | 10,880,306 | 6,797,215 |
| Commitments and Contingencies (see Note 12) | ||
| MEZZANINE EQUITY | ||
| Series A non-voting exchangeable perpetual preferred stock: $0.01 par value; 140,000 issued and outstanding as of June 30, 2026, and none issued or outstanding as of December 31, 2025 | 995,764 | — |
| EQUITY | ||
| Preferred stock: $0.01 par value; 50,000,000 shares authorized; 140,000 shares designated as Series A Preferred Stock; no other shares issued or outstanding | — | — |
| Common stock: $0.01 par value; 150,000,000 shares authorized, 66,253,546 issued, and 59,657,062 outstanding as of June 30, 2026, and 65,910,640 shares issued, and 59,370,353 outstanding as of December 31, 2025 | 663 | 659 |
| Additional paid-in capital | 4,478,286 | 4,458,838 |
| Retained earnings (accumulated deficit) | 104,495 | (62,096) |
| Accumulated other comprehensive income (loss) | 1,544 | (1,827) |
| Treasury stock, at cost, 6,596,484 shares as of June 30, 2026, and 6,540,287 shares as of December 31, 2025 | (624,592) | (620,118) |
| Total stockholders' equity | 3,960,396 | 3,775,456 |
| Noncontrolling interests | 73,577 | 66,790 |
| Total equity | 4,033,973 | 3,842,246 |
| Total liabilities, mezzanine equity, and equity | $15,910,043 | $10,639,461 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.