Filing Flows › Real Estate › Fundrise eREIT, LLC
Fundrise eREIT, LLC earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 13, 2026
Q2 2026 Revenue up 163% year over year to $6.9M · 107¢ of every $1 of revenue lost · operating margin -13.3%
Fundrise eREIT, LLC made $6.9M in Q2 2026 (+163% Y/Y). Operating margin -13.3%, net loss $7.3M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 13, 2026.
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What changed this quarter
Revenue was $6.9M in Q2 2026, up 163% year over year.
Operating costs exceeded revenue by $917K, an operating margin of -13.3%. Total costs grew 229% against revenue growth of 163%. The fastest-growing cost line was General & admin (+387%). The quarter ended with a net loss of $7.3M. Net interest and other expense of $6.4M was the main reason.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 13, 2026 | $6.9M | +163% | -13.3% | −$7.3M | — |
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About Fundrise eREIT, LLC
Fundrise eREIT, LLC (the “Company”) was formed on October 16, 2025, as a Delaware limited liability company and commenced operations on April 29, 2026, following its merger with Fundrise Equity REIT, LLC, Fundrise Development eREIT, LLC, Fundrise East Coast Opportunistic REIT, LLC, Fundrise Growth eREIT II, LLC, Fundrise Growth eREIT III, LLC, Fundrise Midland Opportunistic REIT, LLC and Fundrise West Coast Opportunistic REIT, LLC (collectively the “Merger Entities”), with the Company as the surviving entity (the "Merger"). In connection with the Merger, the Company issued to the shareholders of each Merger Entity's common shares based on an agreed upon exchange ratio (“Exchange Ratio”). The Exchange Ratio was based on each Merger Entity's net asset value per share that was effective as of the date of the Merger.
In its own words, from its 10-Q, filed Aug 13, 2026.
Fundrise eREIT, LLC against its Real Estate Investment Trusts peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +163% against the peers' median +14%. Operating margin: -13.3% against the peers' median 15.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| Fundrise eREIT, LLC | Q2 2026 | $6.9M | +163% | -13.3% |
| WELL Welltower | Q3 2026 | $3.7B | +38% | 9.1% |
| AMT American Tower | Q3 2026 | $2.8B | +2% | 45.6% |
| EQIX Equinix | Q3 2026 | $2.6B | +11% | 23.3% |
| PLD Prologis | Q1 2026 | $2.3B | +7% | 52.7% |
| IRM Iron Mountain | Q3 2026 | $2.0B | +14% | 20.6% |
| DLR Digital Realty Trust | Q3 2026 | $1.9B | +21% | 15.9% |
| WY Weyerhaeuser | Q3 2026 | $1.9B | +8% | 5.4% |
| VTR Ventas | Q3 2026 | $1.8B | +23% | 2.9% |
Source: Fundrise eREIT, LLC 10-Q on SEC EDGAR · CIK 2093809 · Real Estate Investment Trusts