Earnings ·
Comstock reports Q3 revenue of $17.9M and adjusted EBITDA of $2.3M
CHCIComstock Holding Companies, Inc.
Comstock Holding Companies reported third-quarter 2026 results with revenue increasing 34% year-over-year to $17.9 million, driven by growth in its managed portfolio and ParkX subsidiary. Net income rose 9% to $0.6 million, while adjusted EBITDA more than doubled to $2.3 million, reflecting a 112% increase from the prior year period. Year-to-date revenue reached $57.9 million with adjusted EBITDA of $11.8 million. The company's stabilized commercial and residential portfolios remain over 90% leased, and it secured new contracts including a value-add multifamily acquisition in Charlotte and development rights for data centers in Oklahoma. Comstock is a real estate services firm specializing in the development, management, and operation of mixed-use properties and data center developments.