Filing Flows › CTO Realty Growth (CTO) › Q1 2026
CTO Realty Growth (CTO) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 28, 2026
CTO Realty Growth (CTO) reported revenue of $41.2M for the first quarter 2026 (Q1 2026), +15% from a year earlier and +7% from the quarter before. Operating margin was 25.0%, net earnings $6.2M (15.1% of revenue).
CTO Realty Growth, Q1 2026: revenue $41.2M (+15% year over year), operating margin 25.0%, net earnings $6.2M, operating cash flow $14.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $41.2M | +7% | +15% |
| Gross profit | $31.0M | +8% | +15% |
| Operating profit | $10.3M | -64% | +31% |
| Net earnings | $6.2M | -78% | +174% |
| Operating cash flow | $14.6M | +131% | +42% |
What changed
Revenue was $41.2M in Q1 2026, up 15% year over year and up 7% from the previous quarter. Income Properties was the largest line at 89% of revenue. Income Properties added $4.9M year over year (up 15%), 92% of the total change.
Gross margin was 75.3%, up 0.1 points from Q1 2025. Operating profit was $10.3M, a 25.0% margin (up 3.0 points year over year). Of the extra revenue versus Q1 2025, 45% reached operating profit, above the 22% margin then. Operating expenses grew 9% against revenue growth of 15%. Net earnings were $6.2M, up 174% year over year. The effective tax rate was 1.0%.
Operating cash flow was $14.6M (up 42% year over year), 235% of net earnings. Non-cash charges added back $16.0M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items used $9.0M.
Questions
What was CTO Realty Growth's revenue in the first quarter 2026?
CTO Realty Growth (CTO) reported revenue of $41.2M for the first quarter 2026 (Q1 2026), +15% from a year earlier and +7% from the quarter before.
Was CTO Realty Growth profitable in the first quarter 2026?
Operating profit was $10.3M (25.0% of revenue) and net earnings $6.2M.
Source: CTO Realty Growth 10-Q on SEC EDGAR.