Comstock Reports Q3 2025 Revenue Growth and Expansion
Comstock Homebuilding reported a 3% revenue increase to $13.3 million in Q3 2025, with a year-to-date growth of 13% to $38.9 million. The company saw a 30% rise in recurring revenue and a 96% increase in third-party revenue. Net income was $0.5 million, and adjusted EBITDA was $1.1 million. Comstock expanded its ParkX services and secured new office leases, contributing to over 500,000 square feet of commercial leasing. The company remains focused on sustainable growth and expanding service offerings.
Comstock Homebuilding ( (CHCI) ) has released its Q3 earnings. Here is a breakdown of the information Comstock Homebuilding presented to its investors.
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Comstock Holding Companies, Inc. is a prominent asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, known for its strategic developments at key Metro stations.
In its third-quarter 2025 earnings report, Comstock reported a revenue increase of 3% to $13.3 million, with a year-to-date growth of 13% to $38.9 million. The company highlighted its continued focus on sustainable growth through diversified revenue streams and significant commercial leasing activities.
Key financial metrics include a 30% increase in recurring, fee-based revenue from property management subsidiaries and a notable 96% rise in third-party revenue from its ParkX subsidiary. Comstock’s net income for the quarter was $0.5 million, with an adjusted EBITDA of $1.1 million. The company also expanded its ParkX services, adding new contracts and increasing its workforce to support these offerings.
Comstock’s strategic initiatives included securing multiple new office leases post-quarter end, contributing to over 500,000 square feet of commercial leasing year-to-date. The delivery of significant assets like the JW Marriott Reston Station has further enhanced its fee-based revenue streams.
Looking ahead, Comstock remains committed to its growth strategy, leveraging its high-quality property developments and expanding service offerings to drive future revenue and earnings growth.
