Filing Flows › Centerspace (CSR) › Q3 2026
Centerspace (CSR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Centerspace (CSR) reported revenue of $59.5M for the third quarter 2026 (Q3 2026), -17% from a year earlier and -10% from the quarter before. Operating margin was 254.5%, net earnings $123M (207.2% of revenue).
Centerspace, Q3 2026: revenue $59.5M (-17% year over year), operating margin 254.5%, net earnings $123M, operating cash flow $20.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $59.5M | -10% | -17% |
| Operating profit | $151M | 17× | +96% |
| Net earnings | $123M | — | +129% |
| Operating cash flow | $20.6M | -9% | -41% |
| Free cash flow | $14.8M | -2% | — |
What changed
Revenue was $59.5M in Q3 2026, down 17% year over year and down 10% from the previous quarter.
Operating profit was $151.5M, a 254.5% margin (up 146.4 points year over year). Net earnings were $123.3M, up 129% year over year. The effective tax rate was 0.0%.
Operating cash flow was $20.6M (down 41% year over year), 14% of net income including minority interests. Non-cash charges added back $23.4M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $147.5M. Capital expenditures of $5.9M left free cash flow of $14.8M.
Questions
What was Centerspace's revenue in the third quarter 2026?
Centerspace (CSR) reported revenue of $59.5M for the third quarter 2026 (Q3 2026), -17% from a year earlier and -10% from the quarter before.
Was Centerspace profitable in the third quarter 2026?
Operating profit was $151M (254.5% of revenue) and net earnings $123M.
Source: Centerspace 10-Q on SEC EDGAR.