Filing Flows › CTO Realty Growth (CTO) › Q4 2025
CTO Realty Growth (CTO) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
CTO Realty Growth (CTO) reported revenue of $38.3M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and +2% from the quarter before. Operating margin was 75.1%, net earnings $28.3M (73.9% of revenue).
CTO Realty Growth, Q4 2025: revenue $38.3M (+7% year over year), operating margin 75.1%, net earnings $28.3M, operating cash flow $6.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $38.3M | +2% | +7% |
| Gross profit | $28.8M | +1% | +8% |
| Operating profit | $28.8M | +187% | — |
| Net earnings | $28.3M | +872% | — |
| Operating cash flow | $6.3M | -76% | -55% |
What changed
Revenue was $38.3M in Q4 2025, up 7% year over year and up 2% from the previous quarter. Income Properties was the largest line at 88% of revenue.
Gross margin was 75.0%, up 0.6 points from a year earlier. Operating profit was $28.8M, a 75.1% margin (up 95.5 points year over year). Net earnings were $28.3M. The effective tax rate was 0.5%.
Operating cash flow was $6.3M (down 55% year over year), 22% of net earnings. Non-cash charges added back $15.4M of depreciation and amortization and $936K of share-based compensation. Working capital and other items used $38.4M.
Questions
What was CTO Realty Growth's revenue in the fourth quarter 2025?
CTO Realty Growth (CTO) reported revenue of $38.3M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and +2% from the quarter before.
Was CTO Realty Growth profitable in the fourth quarter 2025?
Operating profit was $28.8M (75.1% of revenue) and net earnings $28.3M.
Source: CTO Realty Growth 10-K on SEC EDGAR.