AI brief of an SEC Form 8-K · Millrose Properties (MRP)

Millrose Preliminary Q3 Net Income $105.1 Million on Revenue of $179.3 Million

Neutral Impact 3 of 5 earnings Written later

Millrose Properties preliminarily estimated unaudited third-quarter 2025 results, reporting revenue of $179.3 million and net income of $105.1 million, or $0.63 per share, for the three months ended September 30, 2025. The estimates may change before the Form 10-Q is filed, and the full third-quarter results are scheduled for release before the market opens on October 23, 2025.

Key points

  • Preliminary three-month revenue of approximately $179.3 million; nine-month revenue of approximately $411.0 million
  • Preliminary three-month net income of approximately $105.1 million, or $0.63 per share, including $11.8 million of accelerated amortization tied to the delayed draw term loan payoff
  • Preliminary AFFO of approximately $122.5 million, or $0.74 per share, and book value of approximately $35.29 per share as of September 30, 2025
  • Full third-quarter results to be released before the market opens on October 23, 2025

The filing

CompanyMillrose Properties (MRP)
Form8-K, current report
Filed with the SECOct 9, 2025, 8:07 AM ET
Accession number0001193125-25-235180

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 09, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.