Millrose Properties Q2 net income rises to $125.9 million, or $0.76 per share
Millrose Properties reported second-quarter 2026 net income of $125.9 million, or $0.76 per share, up from $112.8 million, or $0.68 per share, a year earlier. Total revenues rose to $196.9 million from $149.0 million, and AFFO was $0.77 per share, compared with $0.69 a year earlier. The filing does not include forward guidance, and interest expense rose sharply to $40.0 million from $10.3 million.
Key points
- Q2 2026 net income attributable to common shareholders was $125.9 million, or $0.76 per share, versus $112.8 million, or $0.68 per share, in Q2 2025.
- Q2 2026 AFFO was $127.6 million, or $0.77 per share, versus $115.0 million, or $0.69 per share, a year earlier.
- Total revenues were $196.9 million, versus $149.0 million in Q2 2025; quarterly interest expense was $40.0 million, versus $10.3 million.
- On June 23, 2026, the company declared a quarterly dividend of $127.9 million, or $0.77 per share, paid July 15, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits 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 August 04, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.