Filing Flows › Copt Defense Properties (CDP) › Q2 2026 › vs Q2 2025
Copt Defense Properties (CDP) Q2 2026 vs Q2 2025 (year over year)
Copt Defense Properties's revenue rose $7.5M (+4%) from $190M in Q2 2025 to $197M in Q2 2026. Operating margin 32.0% against 31.4% (+0.6 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 32.0% | 31.4% | +0.6 pts |
| Net margin | 23.4% | 20.1% | +3.3 pts |
| Free cash flow margin | 22.3% | 15.6% | +6.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $197M | $190M | $7.5M | +4% |
| Operating profit | $63.2M | $59.6M | $3.6M | +6% |
| Costs & expenses | $134M | $130M | $3.9M | +3% |
| Pre-tax earnings | $48.6M | $40.3M | $8.3M | +21% |
| Other expense, net | $14.6M | $19.4M | −$4.7M | -24% |
| SG&A | $13.3M | $11.9M | $1.4M | +11% |
| Other operating costs | $121M | $118M | $2.5M | +2% |
| Net earnings | $46.2M | $38.2M | $8.0M | +21% |
| Minority interests | $2.3M | $2.0M | $365K | +18% |
| Income tax | $34K | $117K | −$83K | -71% |
| Depreciation & amortization | $42.8M | $40.0M | $2.7M | +7% |
| Share-based compensation | $3.4M | $2.9M | $452K | +15% |
| Working capital & other | $1.3M | −$6.7M | $8.0M | — |
| Operating cash flow | $91.1M | $87.9M | $3.2M | +4% |
| Free cash flow (OCF − capex) | $44.0M | $29.6M | $14.4M | +49% |
| Capital expenditures | $47.1M | $58.3M | −$11.3M | -19% |
Questions
How much did Copt Defense Properties's revenue grow year over year in Q2 2026?
Copt Defense Properties's revenue rose $7.5M (+4%) from $190M in Q2 2025 to $197M in Q2 2026. Operating margin 32.0% against 31.4% (+0.6 pts).