Filing Flows › Cousins Properties (CUZ) › Q2 2026
Cousins Properties (CUZ) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Cousins Properties (CUZ) reported revenue of $269M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +2% from the quarter before. Operating margin was 67.9%, net earnings $26.2M (9.8% of revenue).
Cousins Properties, Q2 2026: revenue $269M (+12% year over year), operating margin 67.9%, net earnings $26.2M, operating cash flow $157M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $269M | +2% | +12% |
| Operating profit | $182M | +1% | +9% |
| Net earnings | $26.2M | — | +79% |
| Operating cash flow | $157M | +287% | +28% |
| Free cash flow | $82.5M | — | +63% |
What changed
Revenue was $268.5M in Q2 2026, up 12% year over year and up 2% from the previous quarter. Rental property revenues was the largest line at 99% of revenue. Rental property revenues added $28.0M year over year (up 12%), 99% of the total change. Other declined 71%.
Operating profit was $182.3M, a 67.9% margin (down 1.5 points year over year). Of the extra revenue versus Q2 2025, 55% reached operating profit, below the 69% margin then. Total costs grew 17% against revenue growth of 12%. Net earnings were $26.2M, up 81% year over year. The effective tax rate was 0.0%.
Operating cash flow was $156.5M (up 28% year over year), 597% of net earnings. Non-cash charges added back $104.8M of depreciation and amortization. Working capital and other items added $25.4M. Capital expenditures of $74.0M left free cash flow of $82.5M.
Questions
What was Cousins Properties' revenue in the second quarter 2026?
Cousins Properties (CUZ) reported revenue of $269M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +2% from the quarter before.
Was Cousins Properties profitable in the second quarter 2026?
Operating profit was $182M (67.9% of revenue) and net earnings $26.2M.
Source: Cousins Properties 10-Q on SEC EDGAR.