Filing Flows › Centerspace (CSR) › Q3 2026 › vs Q3 2025
Centerspace (CSR) Q3 2026 vs Q3 2025 (year over year)
Centerspace's revenue fell $11.9M (-17%) from $71.4M in Q3 2025 to $59.5M in Q3 2026. Operating margin 254.5% against 108.1% (+146.4 pts).
Centerspace, Q3 2026: revenue $59.5M (-17% year over year), operating margin 254.5%, net earnings $123M, operating cash flow $20.6M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 254.5% | 108.1% | +146.4 pts |
| Net margin | 207.2% | 75.3% | +131.9 pts |
| Free cash flow margin | 24.8% | -28.9% | +53.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $59.5M | $71.4M | −$11.9M | -17% |
| Operating profit | $151M | $77.2M | $74.3M | +96% |
| Operating gains, net of costs | $92.0M | $5.8M | $86.1M | 16× |
| Pre-tax earnings | $144M | $65.4M | $78.2M | +120% |
| Other expense, net | $7.8M | $11.8M | −$4.0M | -34% |
| Net earnings | $123M | $53.8M | $69.5M | +129% |
| Minority interests | $20.3M | $11.6M | $8.7M | +75% |
| Operating cash sources | $148M | $84.1M | $63.8M | +76% |
| Depreciation & amortization | $23.4M | $29.4M | −$6.0M | -20% |
| Share-based compensation | $1.1M | $873K | $234K | +27% |
| Working capital & other | $127M | $49.0M | $78.2M | +159% |
| Operating cash flow | $20.6M | $35.1M | −$14.4M | -41% |
| Free cash flow (OCF − capex) | $14.8M | −$20.7M | $35.4M | — |
| Capital expenditures | $5.9M | $55.7M | −$49.8M | -89% |
Questions
How much did Centerspace's revenue grow year over year in Q3 2026?
Centerspace's revenue fell $11.9M (-17%) from $71.4M in Q3 2025 to $59.5M in Q3 2026. Operating margin 254.5% against 108.1% (+146.4 pts).