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How CBL & Associates Properties (CBL) makes money
CBL & Associates Properties (CBL) made $149M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Rental revenues brought in $144M (97%); Other brought in $3.2M (2%); Management, development and leasing fees brought in $1.6M (1%). Of every dollar of revenue, 8¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Rental revenues | $144M | 96.8% | — | +7% |
| Other | $3.2M | 2.2% | — | -1% |
| Management, development and leasing fees | $1.6M | 1.1% | — | +30% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $149M | 100.0% |
| Operating profit | $11.8M | 8.0% |
| Net earnings | $11.8M | 7.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $149M | +7% |
| Q2 2026 | $146M | +4% |
| Q1 2026 | $146M | +3% |
| Q4 2025 | $156M | +19% |
| Q3 2025 | $139M | +11% |
| Q2 2025 | $141M | +9% |
| Q1 2025 | $142M | +10% |
From CBL & Associates Properties' 8-K filed Nov 5, 2026 (on EDGAR).
Questions
How does CBL & Associates Properties make money?
CBL & Associates Properties (CBL) made $149M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Rental revenues brought in $144M (97%); Other brought in $3.2M (2%); Management, development and leasing fees brought in $1.6M (1%). Of every dollar of revenue, 8¢ was left as operating profit, 8¢ was left as net earnings.
What is CBL & Associates Properties' biggest business?
Rental revenues: $144M in the third quarter 2026, 97% of revenue, +7% from a year earlier.
What is CBL & Associates Properties' profit margin?
Net earnings were $11.8M, 7.9% of revenue, in the third quarter 2026; the operating margin was 8.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.