UDR, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission, reporting consolidated financial results for the three and nine months ended September 30, 2026.

Key Highlights

  • Net income of $230.9 million for the three months ended September 30, 2026, compared to $43.1 million in the same period of 2025, according to the filing.
  • Gain on sale of real estate of $190.1 million was recorded in Q3 2026, versus no such gain in Q3 2025, as disclosed in the consolidated statements of operations.
  • Total revenues of $428.1 million for the three months ended September 30, 2026, compared to $431.9 million in Q3 2025, the filing reported.
  • Diluted earnings per share of $0.67 for Q3 2026, up from $0.12 in Q3 2025, based on a diluted weighted average share count of 324,012 thousand shares.
  • Total assets of $10.30 billion as of September 30, 2026, compared to $10.61 billion as of December 31, 2025, according to the consolidated balance sheet.
  • 316,888,770 shares of common stock were outstanding as of October 30, 2026, the filing stated.
  • Nine-month net income of $507.4 million for the period ended September 30, 2026, compared to $165.4 million in the same period of 2025.

UDR Q3 2026 Financial Results: Revenue, Gains, and Balance Sheet Position

According to the Form 10-Q filed for the quarterly period ended September 30, 2026, UDR, Inc. (NYSE:UDR) reported total revenues of $428.1 million for Q3 2026, consisting of $424.6 million in rental income and $3.5 million in joint venture management and other fees. This compares to total revenues of $431.9 million in Q3 2025, which included $429.3 million in rental income. For the nine months ended September 30, 2026, total revenues were $1.279 billion, nearly flat compared to $1.279 billion in the prior-year period.

The filing disclosed a gain on sale of real estate owned of $190.1 million for the three months ended September 30, 2026, and $383.2 million for the nine months ended September 30, 2026, compared to no gain in Q3 2025 and $47.9 million in the nine months ended September 30, 2025. Total operating expenses for Q3 2026 were $348.0 million, down from $355.5 million in Q3 2025. Real estate depreciation and amortization was $161.6 million for the quarter, compared to $165.9 million in the prior-year quarter. Net income attributable to UDR, Inc. for Q3 2026 was $216.1 million, versus $40.4 million in Q3 2025.

The consolidated balance sheet as of September 30, 2026 showed total real estate owned, net of accumulated depreciation, of $9.083 billion, compared to $9.113 billion at December 31, 2025. Total debt consisted of secured debt, net of $931.5 million and unsecured debt, net of $4.825 billion. Total stockholders' equity was reported at $3.128 billion, compared to $3.288 billion at December 31, 2025. Common shares issued and outstanding were 321,267,264 as of September 30, 2026, down from 328,273,044 at December 31, 2025. The company is classified as a large accelerated filer, as indicated in the filing.

What Was Disclosed

UDR, Inc. filed a 10-Q for the quarter ended September 30, 2026, disclosing consolidated results including $230.9 million in net income, $428.1 million in total revenues, a $190.1 million gain on real estate sales, diluted EPS of $0.67, and total assets of $10.30 billion.