Filing Flows › CTO Realty Growth (CTO) › Q2 2026 › vs Q2 2025
CTO Realty Growth (CTO) Q2 2026 vs Q2 2025 (year over year)
CTO Realty Growth's revenue rose $6.2M (+16%) from $37.6M in Q2 2025 to $43.8M in Q2 2026. The biggest changes: Income Properties +$3.8M (+11%); Commercial Loans and Investments +$2.2M (+73%); Management Services +$219K (+18%). Gross margin 74.6% against 73.0% (+1.7 pts).
CTO Realty Growth, Q2 2026: revenue $43.8M (+16% year over year), operating margin 30.2%, net earnings $15.1M, operating cash flow $20.0M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 74.6% | 73.0% | +1.7 pts |
| Operating margin | 30.2% | -33.7% | +63.9 pts |
| Net margin | 34.5% | -62.2% | +96.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Income Properties | $37.1M | $33.4M | $3.8M | +11% |
| Commercial Loans and Investments | $5.2M | $3.0M | $2.2M | +73% |
| Management Services | $1.5M | $1.2M | $219K | +18% |
| Revenue | $43.8M | $37.6M | $6.2M | +16% |
| Gross profit | $32.7M | $27.5M | $5.2M | +19% |
| Cost of revenue | $11.1M | $10.2M | $948K | +9% |
| Other income, net | $3.0M | −$10.5M | $13.5M | — |
| Operating profit | $13.3M | −$12.7M | $25.9M | — |
| Operating expenses | $19.5M | $40.1M | −$20.7M | -52% |
| Pre-tax earnings | $16.2M | −$23.2M | $39.5M | — |
| General & admin | $4.6M | $4.4M | $182K | +4% |
| Other operating costs | $14.8M | $35.7M | −$20.9M | -58% |
| Net earnings | $15.1M | −$23.4M | $38.5M | — |
| Income tax | $1.1M | $194K | $927K | +478% |
| Depreciation & amortization | $15.8M | $15.3M | $553K | +4% |
| Share-based compensation | $1.1M | $1.0M | $113K | +11% |
| Working capital & other | $12.1M | −$24.3M | $36.4M | — |
| Operating cash flow | $20.0M | $17.1M | $2.8M | +17% |
Questions
How much did CTO Realty Growth's revenue grow year over year in Q2 2026?
CTO Realty Growth's revenue rose $6.2M (+16%) from $37.6M in Q2 2025 to $43.8M in Q2 2026.
What drove CTO Realty Growth's revenue change in Q2 2026?
Income Properties +$3.8M (+11%); Commercial Loans and Investments +$2.2M (+73%); Management Services +$219K (+18%).