Filing Flows › Acadia Realty Trust (AKR) › Q1 2026
Acadia Realty Trust (AKR) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 29, 2026
Acadia Realty Trust (AKR) reported revenue of $103M for the first quarter 2026 (Q1 2026), -1% from a year earlier and -2% from the quarter before. Operating margin was 153.9%, net earnings $30.5M (29.6% of revenue).
Acadia Realty Trust, Q1 2026: revenue $103M (-1% year over year), operating margin 153.9%, net earnings $30.5M, operating cash flow $31.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $103M | -2% | -1% |
| Operating profit | $159M | +667% | +934% |
| Net earnings | $30.5M | +295% | 19× |
| Operating cash flow | $31.4M | -25% | +21% |
What changed
Revenue was $103.0M in Q1 2026, down 1% year over year and down 2% from the previous quarter.
Operating profit was $158.5M, a 153.9% margin (up 139.2 points year over year). Net earnings were $30.5M, up 1795% year over year. The effective tax rate was 0.0%.
Operating cash flow was $31.4M (up 21% year over year), 23% of net income including minority interests. Non-cash charges added back $40.2M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items used $154.3M. Capital expenditures of $32.2M exceeded it, leaving free cash flow of −$857K.
Questions
What was Acadia Realty Trust's revenue in the first quarter 2026?
Acadia Realty Trust (AKR) reported revenue of $103M for the first quarter 2026 (Q1 2026), -1% from a year earlier and -2% from the quarter before.
Was Acadia Realty Trust profitable in the first quarter 2026?
Operating profit was $159M (153.9% of revenue) and net earnings $30.5M.