UDR · 10-Q · 2026Q3 · Full report

Operating Cash Flow Trends

UDR, Inc. · 2026-11-03 · Importance 25 · Surprise 32 · Matches filing data

Net cash provided by operating activities was $592.7 million for the nine months ended September 30, 2026, down from $641.5 million in the comparable 2025 period, a decrease of approximately 7.6%. UDR attributed the decline primarily to lower NOI, partly reflecting operating communities sold in 2026 and 2025, and lower distributions from unconsolidated joint ventures and partnerships. Changes in operating assets and liabilities also affected cash flow, while higher revenue per occupied home partially offset the decrease.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-0.5%For the nine months ended September 30, 2026, UDR's operating cash flow was $592.7 million, compared with $641.5 million in the comparable…