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Camden Property Trust (CPT) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 12, 2026

Camden Property Trust (CPT) reported revenue of $5.3M for the fourth quarter 2025 (Q4 2025), +243% from a year earlier and +106% from the quarter before.

Revenue$5.3M
Year over year+243%
Quarter over quarter+106%
Operating margin—
Net earnings$156M

Camden Property Trust, Q4 2025: revenue $5.3M (+243% year over year), net earnings $156M, operating cash flow $197M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$5.3M+106%+243%
Operating profit$158M—+271%
Net earnings$156M+43%+283%
Operating cash flow$197M-22%+29%
Free cash flow$66.8M-51%+2%

What changed

Revenue was $5.3M in Q4 2025, up 243% year over year and up 106% from the previous quarter.

Operating profit was $158.0M, a 2990.5% margin (up 223.7 points year over year). Of the extra revenue versus a year earlier, 3083% reached operating profit, above the 2767% margin then. Net earnings were $156.0M, up 283% year over year. The effective tax rate was 0.0%.

Operating cash flow was $196.8M (up 29% year over year), 125% of net earnings. Non-cash charges added back $150.2M of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items used $115.6M. Capital expenditures of $130.0M left free cash flow of $66.8M.

Questions

What was Camden Property Trust's revenue in the fourth quarter 2025?

Camden Property Trust (CPT) reported revenue of $5.3M for the fourth quarter 2025 (Q4 2025), +243% from a year earlier and +106% from the quarter before.

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