Filing Flows › American Realty Investors (ARL) › Q1 2026
American Realty Investors (ARL) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
American Realty Investors (ARL) reported revenue of $12.3M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -5% from the quarter before. Operating margin was -17.8%, net loss $516K (4.2% of revenue).
American Realty Investors, Q1 2026: revenue $12.3M (+3% year over year), operating margin -17.8%, net loss $516K, operating cash flow $876K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.3M | -5% | +3% |
| Operating profit | −$2.2M | — | — |
| Net earnings | −$516K | -105% | -113% |
| Operating cash flow | $876K | — | — |
What changed
Revenue was $12.3M in Q1 2026, up 3% year over year and down 5% from the previous quarter.
Operating costs exceeded revenue by $2.2M, an operating margin of -17.8%. Total costs grew 13% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+15%). The quarter ended with a net loss of $516K, after a profit of $11.4M the previous quarter. Non-operating items added $1.2M, -131% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $876K. Non-cash charges added back $3.6M of depreciation and amortization. Working capital and other items used $2.2M. Capital expenditures of $4.6M exceeded it, leaving free cash flow of −$3.8M.
Questions
What was American Realty Investors' revenue in the first quarter 2026?
American Realty Investors (ARL) reported revenue of $12.3M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -5% from the quarter before.
Was American Realty Investors profitable in the first quarter 2026?
Operating loss was $2.2M (-17.8% of revenue) and net loss $516K.