Filing Flows › Easterly Government Properties (DEA) › Q1 2026
Easterly Government Properties (DEA) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 27, 2026
Easterly Government Properties (DEA) reported revenue of $91.5M for the first quarter 2026 (Q1 2026), +16% from a year earlier and +5% from the quarter before. Operating margin was 21.8%, net earnings $1.4M (1.5% of revenue).
Easterly Government Properties, Q1 2026: revenue $91.5M (+16% year over year), operating margin 21.8%, net earnings $1.4M, operating cash flow $27.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $91.5M | +5% | +16% |
| Operating profit | $19.9M | -6% | +0.4% |
| Net earnings | $1.4M | -70% | -56% |
| Operating cash flow | $27.3M | -35% | +13% |
What changed
Revenue was $91.5M in Q1 2026, up 16% year over year and up 5% from the previous quarter.
Operating profit was $19.9M, a 21.8% margin (down 3.5 points year over year). Of the extra revenue versus Q1 2025, 1% reached operating profit, below the 25% margin then. Total costs grew 22% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+25%). Net earnings were $1.4M, down 56% year over year. The effective tax rate was 0.0%.
Operating cash flow was $27.3M (up 13% year over year), 1933% of net income including minority interests. Non-cash charges added back $33.2M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $9.4M.
Questions
What was Easterly Government Properties' revenue in the first quarter 2026?
Easterly Government Properties (DEA) reported revenue of $91.5M for the first quarter 2026 (Q1 2026), +16% from a year earlier and +5% from the quarter before.
Was Easterly Government Properties profitable in the first quarter 2026?
Operating profit was $19.9M (21.8% of revenue) and net earnings $1.4M.