Filing Flows › American Realty Investors (ARL) › Q2 2025
American Realty Investors (ARL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
American Realty Investors (ARL) reported revenue of $12.2M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +1% from the quarter before. Operating margin was -8.3%, net earnings $2.9M (23.6% of revenue).
American Realty Investors, Q2 2025: revenue $12.2M (+3% year over year), operating margin -8.3%, net earnings $2.9M, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.2M | +1% | +3% |
| Operating profit | −$1.0M | — | — |
| Net earnings | $2.9M | -28% | — |
| Operating cash flow | −$2.9M | — | — |
What changed
Revenue was $12.2M in Q2 2025, up 3% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $1.0M, an operating margin of -8.3%. Total costs grew 1% against revenue growth of 3%. Net earnings were $2.8M, up 142% year over year. The effective tax rate was -87.3%. Non-operating items added $2.5M, 166% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.9M. Non-cash charges added back $3.1M of depreciation and amortization. Working capital and other items used $8.9M. Capital expenditures of $26.9M exceeded it, leaving free cash flow of −$29.8M.
Questions
What was American Realty Investors' revenue in the second quarter 2025?
American Realty Investors (ARL) reported revenue of $12.2M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +1% from the quarter before.
Was American Realty Investors profitable in the second quarter 2025?
Operating loss was $1.0M (-8.3% of revenue) and net earnings $2.9M.