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CBL & Associates Properties (CBL) Q3 2026 earnings results (third quarter 2026)

8-K filed Nov 5, 2026

CBL & Associates Properties (CBL) reported revenue of $149M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +2% from the quarter before. Operating margin was 8.0%, net earnings $11.8M (7.9% of revenue).

Revenue$149M
Year over year+7%
Quarter over quarter+2%
Operating margin8.0%
Net earnings$11.8M

CBL & Associates Properties, Q3 2026: revenue $149M (+7% year over year), operating margin 8.0%, net earnings $11.8M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$149M+2%+7%
Operating profit$11.8M-74%-60%
Net earnings$11.8M-75%-84%

What changed

Revenue was $148.7M in Q3 2026, up 7% year over year and up 2% from the previous quarter. Rental revenues was the largest line at 97% of revenue. Rental revenues added $9.1M year over year (up 7%), 96% of the total change. Other declined 1%.

Operating profit was $11.8M, a 8.0% margin (down 13.5 points year over year). Operating profit fell $18.0M even though revenue rose $9.4M versus Q3 2025, so costs grew faster than sales. Total costs grew 25% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+34%). Net earnings were $11.8M, down 84% year over year. The effective tax rate was 0.0%.

Questions

What was CBL & Associates Properties' revenue in the third quarter 2026?

CBL & Associates Properties (CBL) reported revenue of $149M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +2% from the quarter before.

Was CBL & Associates Properties profitable in the third quarter 2026?

Operating profit was $11.8M (8.0% of revenue) and net earnings $11.8M.

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Source: CBL & Associates Properties 8-K on SEC EDGAR.