Comstock Q2 FY26 net income more than doubled to $8.85 million; revenue rises 74% to $22.58 million

Comstock posted Q2 revenue of $22.58 million, up 74% from a year earlier, as net income rose to $8.85 million.

Diluted EPS climbed to $0.84, up from $0.14, reflecting a $4.3 million unrealized gain on Jericho Energy Ventures equity.

Adjusted EBITDA (non-GAAP) increased to $7.36 million from $2.22 million.

Managed portfolio expanded to 108 assets from 82; stabilized commercial leasing reached 92% and residential leasing 94%.

ParkX revenue rose 89%; Comstock added the 100%-leased Woodland Pointe office asset and advanced Reston Station retail and hotel expansion plans.