Q3 2026 Revenue up 1% year over year to $24.7M · 16¢ of every $1 of revenue lost · operating margin -13.7%
BRT Apartments made $24.7M in Q3 2026 (+1% Y/Y). Operating margin -13.7%, net loss $3.9M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.
Revenue$24.7M
Year over year+1%
Operating margin-13.7%
Net earnings−$3.9M
Operating cash flow$8.6M
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 $24.7M in Q3 2026, up 1% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $3.4M, an operating margin of -13.7%. Total costs grew 1% against revenue growth of 1%. The quarter ended with a net loss of $3.9M, wider than the previous quarter's $3.2M loss.
Operating cash flow was $8.6M (down 5% year over year). Non-cash charges added back $6.7M of depreciation and amortization. Working capital and other items added $5.8M. Capital expenditures of $2.2M left free cash flow of $6.4M.
Quarterly history
Quarter
Form
Filed
Revenue
Y/Y
Op. margin
Net earnings
Op. cash flow
Q3 2026
10-Q
Nov 5, 2026
$24.7M
+1%
-13.7%
−$3.9M
$8.6M
Q2 2026
10-Q
Aug 10, 2026
$24.5M
+1%
-12.8%
−$3.2M
$6.3M
Q1 2026
10-Q
May 7, 2026
$24.6M
+2%
-9.7%
−$2.6M
$2.1M
Q4 2025
10-K
Mar 13, 2026
$24.3M
+1%
-14.3%
−$4.3M
−$3.7M
Q3 2025
10-Q
Nov 6, 2025
$24.4M
+0.2%
-13.7%
−$2.7M
$9.1M
Q2 2025
10-Q
Aug 7, 2025
$24.2M
+1%
-12.2%
−$2.5M
$8.5M
Q1 2025
10-Q
May 8, 2025
$24.1M
+3%
-11.3%
−$2.3M
$246K
Charts
Latest (Q3 2026): Y/Y +1%, Q/Q +1%.From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.Latest (Q3 2026): Net income −$3.9M, Operating cash flow $8.6M.+5.2% since FY2020: more shares outstanding (issuance, stock pay).Real Estate Investment Trusts; dot size is quarterly revenue; dashed lines are the industry's medians.
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
BRT Apartments Corp. (the "Company" or "BRT"), a Maryland corporation, owns and operates multifamily properties. These multifamily properties may be wholly owned by us or by unconsolidated joint ventures in which the Company contributed a portion of the equity. At June 30, 2026, the Company: (i) wholly-owns 21 multifamily properties located in 11 states with an aggregate of 5,420 units and a carrying value of $ 585,315,000 ; (ii) has ownership interests, through unconsolidated entities, in ten multifamily properties located in four states with an aggregate of 2,891 units and the carrying value of its net equity investment is $ 43,297,000 ; (iii) has investments in joint ventures that own two multifamily properties which investments are treated for financial statement purposes as loans (the "Preferred Equity Investments") with a carrying value of $ 17,752,000 ; and (iv) owns other…
In its own words, from its 10-Q, filed Aug 10, 2026.
BRT Apartments against its Real Estate Investment Trusts peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +1% against the peers' median +11%. Operating margin: -13.7% against the peers' median 15.9%.