Filing Flows › Curbline Properties (CURB) › Q2 2025
Curbline Properties (CURB) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 29, 2025
Curbline Properties (CURB) reported revenue of $41.4M for the second quarter 2025 (Q2 2025), +47% from a year earlier and +7% from the quarter before. Operating margin was 25.3%, net earnings $10.4M (25.1% of revenue).
Curbline Properties, Q2 2025: revenue $41.4M (+47% year over year), operating margin 25.3%, net earnings $10.4M, operating cash flow $34.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $41.4M | +7% | +47% |
| Operating profit | $10.5M | -2% | +68% |
| Net earnings | $10.4M | -1% | +67% |
| Operating cash flow | $34.2M | +35% | +103% |
| Free cash flow | $30.8M | +31% | +138% |
What changed
Revenue was $41.4M in Q2 2025, up 47% year over year and up 7% from the previous quarter.
Operating profit was $10.5M, a 25.3% margin (up 3.2 points year over year). Of the extra revenue versus a year earlier, 32% reached operating profit, above the 22% margin then. Total costs grew 41% against revenue growth of 47%. The fastest-growing cost line was General & admin (+271%). Net earnings were $10.4M, up 67% year over year. The effective tax rate was 0.7%.
Operating cash flow was $34.2M (up 103% year over year), 328% of net earnings. Non-cash charges added back $16.0M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items added $4.7M. Capital expenditures of $3.4M left free cash flow of $30.8M.
Questions
What was Curbline Properties' revenue in the second quarter 2025?
Curbline Properties (CURB) reported revenue of $41.4M for the second quarter 2025 (Q2 2025), +47% from a year earlier and +7% from the quarter before.
Was Curbline Properties profitable in the second quarter 2025?
Operating profit was $10.5M (25.3% of revenue) and net earnings $10.4M.