# HOWARD HUGHES HOLDINGS INC. (HHH) FY2026 Q2 Statement of Cash Flows - Company: HOWARD HUGHES HOLDINGS INC. (HHH) - Period: 2026-04-01 to 2026-06-30 - Filing: Q2 FY2026 10-Q, filed 2026-08-05, accession number 0001628280-26-053324 - Page: https://plicit.ai/financials/hhh/fy2026-q2-cash-flow - Chart image: https://plicit.ai/charts/hhh-fy2026-q2-cash-flow-sankey.png ## Chart details Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it. - **Beginning cash on Mar 31, 2026**: 2,489,283,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations - **Operating activities**: 506,535,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Amortization of intangibles other than in-place leases and Accounts payable and other liabilities), so Loss on sale of MUD receivables, Proceeds from sale of MUD receivables, Amortization and accretion of investment securities, (Gain) loss on foreign exchange, Reserves for claims and claim expenses, Other liabilities, net, Reinsurance recoverable on paid and unpaid losses, Unearned premiums and Investment (gain) loss, net cannot be separated for this quarter. It may combine inflows and outflows. - **Net income (loss)**: 156,957,000 US dollars - **Depreciation**: 50,408,000 US dollars - **Amortization**: 26,514,000 US dollars - **Amortization of deferred financing costs**: 3,202,000 US dollars - **Straight-line rent amortization**: negative 1,593,000 US dollars - **Deferred income taxes**: 37,346,000 US dollars - **Restricted stock and stock option amortization**: 4,352,000 US dollars - **Net gain on sale of properties**: negative 51,800,000 US dollars - **(Gain) loss on extinguishment of debt**: 413,000 US dollars - **Equity in (earnings) losses from unconsolidated ventures, net of distributions**: 404,000 US dollars - **Provision for (recovery of) doubtful accounts**: 1,165,000 US dollars - **Master Planned Communities development expenditures**: negative 119,952,000 US dollars - **Master Planned Communities cost of sales, net of SID bonds transfers to buyers**: 51,957,000 US dollars - **Condominium development expenditures**: negative 141,751,000 US dollars - **Condominium rights and units cost of sales, net of closing commissions**: 557,072,000 US dollars - **Accounts receivable, net**: negative 22,403,000 US dollars - **Other assets, net**: negative 30,752,000 US dollars - **Condominium deposits, net**: negative 126,834,000 US dollars - **Deferred expenses, net**: negative 24,422,000 US dollars - **Remaining operating cash flows, net (calculated)**: 136,252,000 US dollars - **Investing activities**: negative 314,269,000 US dollars. Net cash used. - **Property and equipment expenditures**: negative 2,561,000 US dollars - **Operating property improvements**: negative 8,226,000 US dollars - **Property development and redevelopment**: negative 25,218,000 US dollars - **Sales of fixed maturity securities**: 2,335,763,000 US dollars - **Maturities, calls, and paydowns of fixed maturities securities**: 23,231,000 US dollars - **Purchases of short-term investments**: negative 201,000 US dollars - **Sales of short-term investments**: 4,606,000 US dollars - **Maturities, calls, and paydowns of short-term investments**: 600,000 US dollars - **Purchases of equity securities**: negative 1,113,489,000 US dollars - **Acquisition of business, net of cash acquired**: negative 1,639,220,000 US dollars - **Acquisition of assets**: 0 US dollars - **Proceeds from sales of properties, net**: 125,941,000 US dollars - **Reimbursements under tax increment financings and grants**: 2,207,000 US dollars - **Distributions from unconsolidated ventures**: 593,000 US dollars - **Investments in unconsolidated ventures, net**: negative 18,850,000 US dollars - **Other**: 555,000 US dollars - **Financing activities**: 683,805,000 US dollars. Net cash provided. - **Proceeds from mortgages, notes, and loans payable**: 108,698,000 US dollars - **Principal payments on mortgages, notes, and loans payable**: negative 439,961,000 US dollars - **Proceeds from issuance of common stock, net**: 0 US dollars - **Proceeds from issuance of Series A Preferred Stock, net**: 997,353,000 US dollars - **Proceeds from issuance of warrants**: 10,000,000 US dollars - **Debt extinguishment costs**: negative 180,000 US dollars - **Special Improvement District bond funds released from (held in) escrow**: 8,620,000 US dollars - **Deferred financing costs and bond issuance costs**: negative 1,804,000 US dollars - **Taxes paid on stock options exercised and restricted stock vested**: negative 71,000 US dollars - **Stock options exercised**: 1,026,000 US dollars - **Contributions from Teravalis noncontrolling interest owner**: 124,000 US dollars - **Operating adjustment reconciliation**: 869,085,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow. - **financing gross reconciliation**: 1,125,821,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use. - **investing gross reconciliation**: 2,807,765,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use. - **Exchange-rate effect**: 0 US dollars - **Ending cash on Jun 30, 2026**: 3,365,354,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations - **Cash sources and uses**: 3,679,623,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash. - **Net cash change**: 876,071,000 US dollars. Ending cash minus beginning cash. - **Cash flow / Net income**: 3.23×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio. ### Chart connections - Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash. - Financing contributions meet at a reconciliation junction before connecting to the net cash total. - Investing contributions meet at a reconciliation junction before connecting to the net cash total. - Operating reconciliation adjustments are not all independent cash receipts. - Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $349.58M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts. - Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment. - The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.