Filing Flows › Copt Defense Properties (CDP) › Q2 2026 › vs Q1 2026
Copt Defense Properties (CDP) Q2 2026 vs Q1 2026 (quarter over quarter)
Copt Defense Properties's revenue fell $3.2M (-2%) from $201M in Q1 2026 to $197M in Q2 2026. Operating margin 32.0% against 29.1% (+3.0 pts).
Copt Defense Properties, Q2 2026: revenue $197M (+4% year over year), operating margin 32.0%, net earnings $46.2M, operating cash flow $91.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 32.0% | 29.1% | +3.0 pts |
| Net margin | 23.4% | 19.1% | +4.3 pts |
| Free cash flow margin | 22.3% | 17.8% | +4.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $197M | $201M | −$3.2M | -2% |
| Operating profit | $63.2M | $58.3M | $4.9M | +8% |
| Costs & expenses | $134M | $142M | −$8.2M | -6% |
| Pre-tax earnings | $48.6M | $40.3M | $8.3M | +21% |
| Other expense, net | $14.6M | $18.1M | −$3.4M | -19% |
| SG&A | $13.3M | $12.6M | $615K | +5% |
| Other operating costs | $121M | $130M | −$8.8M | -7% |
| Net earnings | $46.2M | $38.4M | $7.9M | +20% |
| Minority interests | $2.3M | $1.8M | $567K | +32% |
| Income tax | $34K | $124K | −$90K | -73% |
| Depreciation & amortization | $42.8M | $43.1M | −$346K | -0.8% |
| Share-based compensation | $3.4M | $3.2M | $190K | +6% |
| Working capital & other | $1.3M | −$11.8M | $13.0M | — |
| Operating cash flow | $91.1M | $96.4M | −$5.3M | -6% |
| Free cash flow (OCF − capex) | $44.0M | $35.6M | $8.4M | +24% |
| Capital expenditures | $47.1M | $60.8M | −$13.7M | -23% |
Questions
How much did Copt Defense Properties's revenue grow quarter over quarter in Q2 2026?
Copt Defense Properties's revenue fell $3.2M (-2%) from $201M in Q1 2026 to $197M in Q2 2026. Operating margin 32.0% against 29.1% (+3.0 pts).