Filing Flows › Clipper Realty (CLPR) › Q3 2026
Clipper Realty (CLPR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Clipper Realty (CLPR) reported revenue of $40.5M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +5% from the quarter before. Operating margin was 24.4%, net loss $5.9M (14.6% of revenue).
Clipper Realty, Q3 2026: revenue $40.5M (+7% year over year), operating margin 24.4%, net loss $5.9M, operating cash flow −$431K. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $40.5M | +5% | +7% |
| Operating profit | $9.9M | +5% | +11% |
| Net earnings | −$5.9M | — | — |
| Operating cash flow | −$431K | -103% | -130% |
What changed
Revenue was $40.5M in Q3 2026, up 7% year over year and up 5% from the previous quarter. Residential Rental was the largest line at 84% of revenue. Residential Rental added $4.2M year over year (up 14%), 150% of the total change. Commercial Real Estate declined 18%.
Operating profit was $9.9M, a 24.4% margin (up 0.8 points year over year). Of the extra revenue versus Q3 2025, 36% reached operating profit, above the 24% margin then. Total costs grew 6% against revenue growth of 7%. The quarter ended with a net loss of $5.9M, narrower than the previous quarter's $6.3M loss. Minority interests bore $3.7M of it: to shareholders the quarter was a loss of $2.2M. Net interest and other expense of $15.8M was the main reason.
Operating cash flow was −$431K. Non-cash charges added back $8.1M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $3.7M. Capital expenditures of $2.8M exceeded it, leaving free cash flow of −$3.3M.
Questions
What was Clipper Realty's revenue in the third quarter 2026?
Clipper Realty (CLPR) reported revenue of $40.5M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +5% from the quarter before.
Was Clipper Realty profitable in the third quarter 2026?
Operating profit was $9.9M (24.4% of revenue) and net loss $5.9M.
Source: Clipper Realty 10-Q on SEC EDGAR.