Filing Flows › Clipper Realty (CLPR) › Q2 2026 › vs Q2 2025
Clipper Realty (CLPR) Q2 2026 vs Q2 2025 (year over year)
Clipper Realty's revenue fell $461K (-1%) from $39.0M in Q2 2025 to $38.6M in Q2 2026. The biggest changes: Commercial Real Estate −$3.6M (-36%); Residential Rental +$3.2M (+11%).
Clipper Realty, Q2 2026: revenue $38.6M (-1% year over year), operating margin 24.3%, net loss $6.3M, operating cash flow $14.4M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 30.1% | -5.4% | +35.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Residential Rental | $32.2M | $29.1M | $3.2M | +11% |
| Commercial Real Estate | $6.4M | $10.0M | −$3.6M | -36% |
| Revenue | $38.6M | $39.0M | −$461K | -1% |
| Net loss | $6.3M | $1.4M | $4.9M | +362% |
| Costs & expenses | $44.8M | $40.4M | $4.4M | +11% |
| Operating costs | $29.2M | $28.2M | $958K | +3% |
| Interest & other, net | $15.7M | $12.2M | $3.5M | +29% |
| Operating cash sources | $20.7M | $9.7M | $11.0M | +113% |
| Depreciation & amortization | $8.0M | $7.3M | $709K | +10% |
| Share-based compensation | $1.1M | $1.1M | $8K | +0.7% |
| Working capital & other | $11.6M | $1.3M | $10.3M | +770% |
| Net loss absorbed | $6.3M | $1.4M | $4.9M | +362% |
| Operating cash flow | $14.4M | $8.4M | $6.1M | +72% |
| Free cash flow (OCF − capex) | $11.6M | −$2.1M | $13.7M | — |
| Capital expenditures | $2.8M | $10.5M | −$7.7M | -73% |
Questions
How much did Clipper Realty's revenue grow year over year in Q2 2026?
Clipper Realty's revenue fell $461K (-1%) from $39.0M in Q2 2025 to $38.6M in Q2 2026.
What drove Clipper Realty's revenue change in Q2 2026?
Commercial Real Estate −$3.6M (-36%); Residential Rental +$3.2M (+11%).