Filing Flows › Cousins Properties (CUZ) › Q1 2026
Cousins Properties (CUZ) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 29, 2026
Cousins Properties (CUZ) reported revenue of $263M for the first quarter 2026 (Q1 2026), +5% from a year earlier and +3% from the quarter before. Operating margin was 68.4%, net loss $24.7M (9.4% of revenue).
Cousins Properties, Q1 2026: revenue $263M (+5% year over year), operating margin 68.4%, net loss $24.7M, operating cash flow $40.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $263M | +3% | +5% |
| Operating profit | $180M | +5% | +9% |
| Net earnings | −$24.7M | — | -217% |
| Operating cash flow | $40.5M | -65% | -10% |
What changed
Revenue was $263.1M in Q1 2026, up 5% year over year and up 3% from the previous quarter. Rental property revenues was the largest line at 99% of revenue. Rental property revenues added $18.1M year over year (up 7%), 141% of the total change. Other declined 89%.
Operating profit was $180.1M, a 68.4% margin (up 2.4 points year over year). Of the extra revenue versus Q1 2025, 116% reached operating profit, above the 66% margin then. Total costs fell 2% while revenue rose 5%. The quarter ended with a net loss of $24.7M, wider than the previous quarter's $3.3M loss. Net interest and other expense of $204.7M was the main reason.
Operating cash flow was $40.5M (down 10% year over year). Non-cash charges added back $108.4M of depreciation and amortization. Working capital and other items used $43.3M. Capital expenditures of $59.7M exceeded it, leaving free cash flow of −$19.2M.
Questions
What was Cousins Properties' revenue in the first quarter 2026?
Cousins Properties (CUZ) reported revenue of $263M for the first quarter 2026 (Q1 2026), +5% from a year earlier and +3% from the quarter before.
Was Cousins Properties profitable in the first quarter 2026?
Operating profit was $180M (68.4% of revenue) and net loss $24.7M.
Source: Cousins Properties 10-Q on SEC EDGAR.