Filing Flows › Curbline Properties (CURB) › Q3 2025
Curbline Properties (CURB) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
Curbline Properties (CURB) reported revenue of $48.6M for the third quarter 2025 (Q3 2025), +63% from a year earlier and +17% from the quarter before. Operating margin was 19.3%, net earnings $9.4M (19.2% of revenue).
Curbline Properties, Q3 2025: revenue $48.6M (+64% year over year), operating margin 19.3%, net earnings $9.4M, operating cash flow $39.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $48.6M | +17% | +63% |
| Operating profit | $9.4M | -10% | — |
| Net earnings | $9.4M | -10% | — |
| Operating cash flow | $39.2M | +15% | — |
| Free cash flow | $34.4M | +12% | — |
What changed
Revenue was $48.6M in Q3 2025, up 63% year over year and up 17% from the previous quarter.
Operating profit was $9.4M, a 19.3% margin (up 71.1 points year over year). Total costs fell 13% while revenue rose 63%. The fastest-growing cost line was General & admin (+103%). Net earnings were $9.4M. The effective tax rate was 0.5%.
Operating cash flow was $39.2M, 419% of net earnings. Non-cash charges added back $19.8M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items added $7.0M. Capital expenditures of $4.7M left free cash flow of $34.4M.
Questions
What was Curbline Properties' revenue in the third quarter 2025?
Curbline Properties (CURB) reported revenue of $48.6M for the third quarter 2025 (Q3 2025), +63% from a year earlier and +17% from the quarter before.
Was Curbline Properties profitable in the third quarter 2025?
Operating profit was $9.4M (19.3% of revenue) and net earnings $9.4M.