Camden Property Trust made $4.4M in Q3 2026 (+71% Y/Y). Operating margin n/m, net earnings $907M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 6, 2026.
Revenue$4.4M
Year over year+71%
Operating marginn/m
Net earnings$907M
Operating cash flow$156M
Drawing the Sankey…
Open the interactive Sankey →click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $4.4M in Q3 2026, up 71% year over year and up 40% from the previous quarter.
Operating costs exceeded revenue by $136.4M, an operating margin of -3116.6%. Total costs fell 3% while revenue rose 71%. Net earnings were $900.4M, up 727% year over year. The effective tax rate was 0.0%. Non-operating items added $1,043.2M, 115% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $156.3M (down 38% year over year), 17% of net earnings. Non-cash charges added back $160.0M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $913.5M. Capital expenditures of $122.1M left free cash flow of $34.2M.
Quarterly history
Quarter
Form
Filed
Revenue
Y/Y
Op. margin
Net earnings
Op. cash flow
Q3 2026
10-Q
Nov 6, 2026
$4.4M
+71%
n/m
$907M
$156M
Q2 2026
10-Q
Jul 31, 2026
$3.1M
+19%
n/m
$20.7M
$212M
Q1 2026
10-Q
May 1, 2026
$2.1M
-14%
n/m
$44.4M
$148M
Q4 2025
10-K
Feb 12, 2026
$5.3M
+243%
n/m
$156M
$197M
Q3 2025
10-Q
Nov 7, 2025
$2.6M
+50%
n/m
$114M
$251M
Q2 2025
10-Q
Aug 1, 2025
$2.6M
+1%
n/m
$82.6M
$231M
Q1 2025
10-Q
May 2, 2025
$2.5M
+94%
n/m
$40.8M
$148M
Charts
Latest (Q3 2026): Y/Y +71%, Q/Q +40%.From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.Latest (Q3 2026): Net income $907M, Operating cash flow $156M.+9.0% since FY2020: more shares outstanding (issuance, stock pay).Cash $25.2M, short-term investments —, long-term debt $3.9B at 2025-12-31.Real Estate Investment Trusts; dot size is quarterly revenue; dashed lines are the industry's medians.
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
Formed on May 25, 1993, Camden Property Trust, a Texas real estate investment trust ("REIT"), and all consolidated subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. Unless the context requires otherwise, "we," "our," "us," and the "Company" refer to Camden Property Trust and its consolidated subsidiaries. Our multifamily apartment communities are referred to as "communities," "multifamily communities," "properties," or "multifamily properties" in the following discussion.
In its own words, from its 10-K, filed Feb 12, 2026.
Camden Property Trust against its Real Estate Investment Trusts peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +71% against the peers' median +14%.