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Greystone Housing Impact Investors (GHI) Q3 FY2026 earnings: revenue $22 million, up 4.0% on the year

Greystone Housing Impact Investors LP (GHI) reported revenue of $22 million for Q3 FY2026, the quarter ended 30 September 2026, up 4.0% on the same quarter a year earlier as the company restated it. Net income was $3 million, up 274.3% on the year as the company restated it, and diluted earnings per share $0.09. The figures are the company's own, from the 10-Q it filed with the SEC on 9 November 2026.

Revenue
$22 million
+1.3% on the year · +3.6% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
30.6%
15.4% a year earlier
Q4 FY2024Q3 FY2026
Net income
$3 million
+61.8% on the year
Q4 FY2024Q3 FY2026
Diluted EPS
$0.09
+200.0% on the year
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

  • Net income and earnings per unit: Net income was $3.2 million, or $0.09 per BUC basic and diluted, against $850,961 in the third quarter of 2025, when the loss was $0.01 per BUC.
  • CAD per unit near prior year: Cash Available for Distribution was $3.8 million, or $0.17 per BUC, against $4.1 million, or $0.18 per BUC, a year earlier.
  • Reducing market-rate joint venture equity: The partnership continues to reduce capital in market-rate multifamily joint venture equity investments. Sale proceeds are to be redeployed primarily into tax-exempt mortgage revenue bonds.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue22.021.221.7+3.6%+1.3%
Operating income6.71.63.3+321.2%+100.8%
Operating margin30.6%7.5%15.4%
Pre-tax income3.2-1.52.0+61.9%
Income tax-0.0-0.0-0.0
Effective tax rate-0.1%n/a-0.1%
Net income3.2-1.52.0+61.8%
Net margin14.5%-7.2%9.1%
Diluted EPS$0.09-$0.11$0.03+200.0%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed.

Cash flow

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow4.41.28.4+267.6%-47.9%
Capital expenditure0.40.2n/a+182.4%
Free cash flow3.91.0n/a+280.4%
Free cash flow margin17.9%4.9%n/a
Cash from investing18.21082.9-83.2%+531.6%
Cash from financing-9.6-100-20.2
Depreciation and amortisation2.13.30.0-35.7%+157,584.7%
Shares outstanding at period end23m24m24m-0.3%-0.4%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Redeemable equity10210297.4+0.0%+5.2%
Total liabilities and equity1,3451,3871,486-3.0%-9.5%
Fixed assets1101113.6-0.7%+3,002.9%
Securities held for sale or to maturity87.880.541.2+9.2%+113.4%
Cash and equivalents32.430.936.2+4.8%-10.4%
Other assets1,1151,1641,405-4.2%-20.7%
Total assets1,3451,3871,486-3.0%-9.5%

Questions

What was Greystone Housing Impact Investors' revenue in Q3 FY2026?

Greystone Housing Impact Investors (GHI) reported revenue of $22 million for Q3 FY2026, the quarter ended 30 September 2026, up 4.0% on the same quarter a year earlier as the company restated it.

How much did Greystone Housing Impact Investors earn in Q3 FY2026?

Net income for Q3 FY2026 was $3 million, up 274.3% on the year, and diluted earnings per share $0.09.

When did Greystone Housing Impact Investors report Q3 FY2026 results?

Greystone Housing Impact Investors filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 9 November 2026.

Quarterly results, the last 20 quarters

Q4 FY2021Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022Q1 FY2023 †Q2 FY2023 †Q3 FY2023 †Q4 FY2023 †Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024Q1 FY2025 †Q2 FY2025 †Q3 FY2025 †Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue20.019.217.222.622.024.928.326.525.222.422.024.322.625.123.621.715.021.821.222.0
Operating income7.926.317.618.53.216.821.39.76.210.65.2-4.610.14.2-5.43.31.54.01.66.7
Operating margin39%137%102%82%14%67%75%37%25%48%24%-19%45%17%-23%15%10%19%8%31%
Pre-tax income7.926.317.618.43.216.821.39.76.210.65.2-4.610.23.3-7.12.0-5.01.3-1.53.2
Tax rate0%0%0%-0%-0%0%-0%0%-0%-0%-0%n/a0%-0%n/a-0%n/a-0%n/a-0%
Net income7.926.317.618.53.216.821.39.76.210.65.2-4.610.13.3-7.12.0-5.81.3-1.53.2
Net margin39%137%102%82%14%67%75%37%25%48%24%-19%45%13%-30%9%-39%6%-7%15%
Diluted EPS$0.31$1.01$0.75$0.79$0.09$0.60$0.85$0.39$0.24$0.42$0.19-$0.23$0.39$0.11-$0.35$0.03-$0.31$0.01-$0.11$0.09
Operating cash flow10.69.35.05.41.40.212.87.24.73.45.14.94.611.010.28.48.6-0.11.24.4
Capital expenditure0.10.10.20.21.40.20.30.10.2n/an/an/an/an/an/an/an/a0.10.20.4
Free cash flow10.69.24.95.20.00.012.57.14.5n/an/an/an/an/an/an/an/a-0.21.03.9
Shares outstandingn/a22m22m22mn/a23m23m23mn/a23m23m23mn/a23m24m24mn/a24m24m23m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 9 November 2026: the filing.