Filing Flows › Centerspace (CSR) › Q2 2026
Centerspace (CSR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
Centerspace (CSR) reported revenue of $65.8M for the second quarter 2026 (Q2 2026), -4% from a year earlier and +1% from the quarter before. Operating margin was 13.4%, net loss $1.1M (1.7% of revenue).
Centerspace, Q2 2026: revenue $65.8M (-4% year over year), operating margin 13.4%, net loss $1.1M, operating cash flow $22.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $65.8M | +1% | -4% |
| Operating profit | $8.8M | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | $22.7M | +6% | -10% |
| Free cash flow | $15.1M | -6% | — |
What changed
Revenue was $65.8M in Q2 2026, down 4% year over year and up 1% from the previous quarter.
Operating profit was $8.8M, a 13.4% margin (up 23.3 points year over year). Total costs fell 24% while revenue fell 4%. The fastest-growing cost line was General & admin (+29%). The quarter ended with a net loss of $1.1M, narrower than the previous quarter's $15.0M loss. Minority interests bore $110K of it: to shareholders the quarter was a loss of $1.0M. Net interest and other expense of $9.9M was the main reason.
Operating cash flow was $22.7M (down 10% year over year). Non-cash charges added back $25.4M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $2.7M. Capital expenditures of $7.6M left free cash flow of $15.1M.
Questions
What was Centerspace's revenue in the second quarter 2026?
Centerspace (CSR) reported revenue of $65.8M for the second quarter 2026 (Q2 2026), -4% from a year earlier and +1% from the quarter before.
Was Centerspace profitable in the second quarter 2026?
Operating profit was $8.8M (13.4% of revenue) and net loss $1.1M.
Source: Centerspace 10-Q on SEC EDGAR.