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Camden Property Trust (CPT) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 1, 2026

Camden Property Trust (CPT) reported revenue of $2.1M for the first quarter 2026 (Q1 2026), -14% from a year earlier and -59% from the quarter before.

Revenue$2.1M
Year over year-14%
Quarter over quarter-59%
Operating margin—
Net earnings$44.4M

Camden Property Trust, Q1 2026: revenue $2.1M (-14% year over year), net earnings $44.4M, operating cash flow $148M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$2.1M-59%-14%
Operating profit−$138M-187%—
Net earnings$44.4M-72%+9%
Operating cash flow$148M-25%-0.1%
Free cash flow$54.1M-19%-23%

What changed

Revenue was $2.1M in Q1 2026, down 14% year over year and down 59% from the previous quarter.

Operating costs exceeded revenue by $137.9M, an operating margin of -6436.1%. Total costs grew 0% against a revenue fall of 14%. Net earnings were $42.4M, up 9% year over year. The effective tax rate was 0.0%. Non-operating items added $182.3M, 411% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $148.1M (roughly flat year over year), 334% of net income including minority interests. Non-cash charges added back $150.0M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items used $50.3M. Capital expenditures of $94.0M left free cash flow of $54.1M.

Questions

What was Camden Property Trust's revenue in the first quarter 2026?

Camden Property Trust (CPT) reported revenue of $2.1M for the first quarter 2026 (Q1 2026), -14% from a year earlier and -59% from the quarter before.

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Source: Camden Property Trust 10-Q on SEC EDGAR.