Filing Flows › Real Estate › American Realty Investors (ARL)
American Realty Investors (ARL) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 6, 2026 · American Realty Investors (ARL) Q2 2026 earnings results →
Q2 2026 Revenue up 6% year over year to $12.9M · 10¢ of every $1 of revenue lost · operating margin -19.8%
American Realty Investors made $12.9M in Q2 2026 (+6% Y/Y). Operating margin -19.8%, net loss $1.2M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 6, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $12.9M in Q2 2026, up 6% year over year and up 4% from the previous quarter.
Operating costs exceeded revenue by $2.5M, an operating margin of -19.8%. Total costs grew 17% against revenue growth of 6%. The fastest-growing cost line was Other operating costs (+20%). The quarter ended with a net loss of $1.2M, wider than the previous quarter's $516K loss. Minority interests bore $235K of it: to shareholders the quarter was a loss of $1.0M. Non-operating items added $1.2M, -94% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.4M. Non-cash charges added back $3.7M of depreciation and amortization. Working capital and other items used $4.9M. Capital expenditures of $6.9M exceeded it, leaving free cash flow of −$9.3M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 6, 2026 | $12.9M | +6% | -19.8% | −$1.2M | −$2.4M |
| Q1 2026 | 10-Q | May 7, 2026 | $12.3M | +3% | -17.8% | −$516K | $876K |
| Q4 2025 | 10-K | Mar 12, 2026 | $13.0M | +8% | -23.3% | $11.4M | −$3.2M |
| Q3 2025 | 10-Q | Nov 6, 2025 | $12.8M | +11% | -12.3% | $320K | $8.0M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $12.2M | +3% | -8.3% | $2.9M | −$2.9M |
| Q1 2025 | 10-Q | May 8, 2025 | $12.0M | +0.9% | -6.8% | $4.0M | −$7.4M |
| Q4 2024 | 10-K | Mar 20, 2025 | $12.0M | -14% | -14.8% | −$216K | −$15.8M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About American Realty Investors
American Realty Investors, Inc. (the “Company”), a Nevada Corporation, is a fully integrated externally managed real estate company. We operate high quality multifamily and commercial properties throughout the Southern United States. We also invest in mortgage notes receivable and in land that is either held for appreciation or development. As used herein, the terms “ARL”, “the Company”, “We”, “Our”, or “Us” refer to the Company. As of December 31, 2025, we owned approximately 78.4% of the common stock of Transcontinental Realty Investors, Inc. ("TCI") and substantially all of our operations are conducted through TCI, whose common stock is traded on the New York Stock Exchange ("NYSE") under the symbol “TCI”. Accordingly, we include TCI’s financial results in our consolidated financial statements.
In its own words, from its 10-K, filed Mar 12, 2026.
American Realty Investors against its Real Estate Operators (No Developers) & Lessors peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +6% against the peers' median +6%. Operating margin: -19.8% against the peers' median 9.2%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| ARL American Realty Investors | Q2 2026 | $12.9M | +6% | -19.8% |
| INVH Invitation Homes | Q3 2026 | $731M | +6% | 9.2% |
| BOC Boston Omaha | Q2 2026 | $22.2M | +2% | -2.7% |
| HBUV Hubilu Venture | Q2 2026 | $505K | -12% | 17.3% |
Source: American Realty Investors 10-Q on SEC EDGAR · CIK 1102238 · Real Estate Operators (No Developers) & Lessors
13F: who owns ARL and who is buying
More on ARL
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results