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BRT Apartments (BRT) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

BRT Apartments (BRT) reported revenue of $24.6M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +1% from the quarter before. Operating margin was -9.7%, net loss $2.6M (10.7% of revenue).

Revenue$24.6M
Year over year+2%
Quarter over quarter+1%
Operating margin-9.7%
Net earnings−$2.6M

BRT Apartments, Q1 2026: revenue $24.6M (+2% year over year), operating margin -9.7%, net loss $2.6M, operating cash flow $2.1M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$24.6M+1%+2%
Operating profit−$2.4M——
Net earnings−$2.6M——
Operating cash flow$2.1M—+748%
Free cash flow$729K——

What changed

Revenue was $24.6M in Q1 2026, up 2% year over year and up 1% from the previous quarter.

Operating costs exceeded revenue by $2.4M, an operating margin of -9.7%. Total costs grew 1% against revenue growth of 2%. The quarter ended with a net loss of $2.6M, narrower than the previous quarter's $4.3M loss.

Operating cash flow was $2.1M (up 748% year over year). Non-cash charges added back $6.7M of depreciation and amortization. Working capital and other items used $2.0M. Capital expenditures of $1.4M left free cash flow of $729K.

Questions

What was BRT Apartments' revenue in the first quarter 2026?

BRT Apartments (BRT) reported revenue of $24.6M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +1% from the quarter before.

Was BRT Apartments profitable in the first quarter 2026?

Operating loss was $2.4M (-9.7% of revenue) and net loss $2.6M.

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Source: BRT Apartments 10-Q on SEC EDGAR.