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Curbline Properties (CURB) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 29, 2026

Curbline Properties (CURB) reported revenue of $58.0M for the first quarter 2026 (Q1 2026), +50% from a year earlier and +7% from the quarter before. Operating margin was 6.3%, net earnings $3.6M (6.2% of revenue).

Revenue$58.0M
Year over year+50%
Quarter over quarter+7%
Operating margin6.3%
Net earnings$3.6M

Curbline Properties, Q1 2026: revenue $58.0M (+50% year over year), operating margin 6.3%, net earnings $3.6M, operating cash flow $21.4M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$58.0M+7%+50%
Operating profit$3.6M-62%-66%
Net earnings$3.6M-63%-66%
Operating cash flow$21.4M-17%-16%
Free cash flow$15.9M-14%-32%

What changed

Revenue was $58.0M in Q1 2026, up 50% year over year and up 7% from the previous quarter.

Operating profit was $3.6M, a 6.3% margin (down 21.3 points year over year). Operating profit fell $7.0M even though revenue rose $19.3M versus Q1 2025, so costs grew faster than sales. Total costs grew 94% against revenue growth of 50%. The fastest-growing cost line was Other operating costs (+134%). Net earnings were $3.6M, down 66% year over year. The effective tax rate was 1.9%.

Operating cash flow was $21.4M (down 16% year over year), 599% of net earnings. Non-cash charges added back $25.7M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $10.8M. Capital expenditures of $5.5M left free cash flow of $15.9M.

Questions

What was Curbline Properties' revenue in the first quarter 2026?

Curbline Properties (CURB) reported revenue of $58.0M for the first quarter 2026 (Q1 2026), +50% from a year earlier and +7% from the quarter before.

Was Curbline Properties profitable in the first quarter 2026?

Operating profit was $3.6M (6.3% of revenue) and net earnings $3.6M.

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Source: Curbline Properties 10-Q on SEC EDGAR.