Comstock Holding Companies, Inc. announced robust financial results for the second quarter ended June 30, 2025. The company reported revenue of $12.972 million, a 20.6% increase compared to $10.753 million in Q2 2024. Net income surged to $1.446 million, up 52.9% from $0.946 million in the prior year period.
Adjusted EBITDA for Q2 2025 grew 38.8% to $2.222 million, compared to $1.601 million in Q2 2024. Diluted earnings per share increased to $0.14 from $0.09 in Q2 2024. For the first six months of 2025, revenue rose 19.7% to $25.611 million, net income increased 63.5% to $3.035 million, and Adjusted EBITDA climbed 38.4% to $4.272 million.
The managed portfolio expanded to 82 assets in Q2 2025, up from 69 assets in Q2 2024. Management highlighted the strength of its business model, characterized by upward top and bottom-line trajectories and a debt-free balance sheet. The official delivery of The Row at Reston Station, a significant development milestone, is expected to begin in Q3 2025.
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