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Cantor Fitzgerald Income Trust (CFTR-PA) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 24, 2026

Cantor Fitzgerald Income Trust (CFTR-PA) reported revenue of $24.8M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and +2% from the quarter before. Operating margin was -32.1%, net loss $7.9M (32.1% of revenue).

Revenue$24.8M
Year over year+7%
Quarter over quarter+2%
Operating margin-32.1%
Net earnings−$7.9M

Cantor Fitzgerald Income Trust, Q4 2025: revenue $24.8M (+7% year over year), operating margin -32.1%, net loss $7.9M, operating cash flow $5.8M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$24.8M+2%+7%
Operating profit−$7.9M——
Net earnings−$7.9M——
Operating cash flow$5.8M+5%-36%
Free cash flow$5.4M+12%-37%

What changed

Revenue was $24.8M in Q4 2025, up 7% year over year and up 2% from the previous quarter.

Operating costs exceeded revenue by $7.9M, an operating margin of -32.1%. Total costs grew 15% against revenue growth of 7%. The fastest-growing cost line was General & admin (+124%). The quarter ended with a net loss of $7.9M, wider than the previous quarter's $2.1M loss. Minority interests bore $2.9M of it: to shareholders the quarter was a loss of $5.1M.

Operating cash flow was $5.8M (down 36% year over year). Non-cash charges added back $9.3M of depreciation and amortization. Working capital and other items added $4.5M. Capital expenditures of $408K left free cash flow of $5.4M.

Questions

What was Cantor Fitzgerald Income Trust's revenue in the fourth quarter 2025?

Cantor Fitzgerald Income Trust (CFTR-PA) reported revenue of $24.8M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and +2% from the quarter before.

Was Cantor Fitzgerald Income Trust profitable in the fourth quarter 2025?

Operating loss was $7.9M (-32.1% of revenue) and net loss $7.9M.

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Source: Cantor Fitzgerald Income Trust 10-K on SEC EDGAR.