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Easterly Government Properties (DEA) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 3, 2026

Easterly Government Properties (DEA) reported revenue of $92.4M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +1% from the quarter before. Operating margin was 23.8%, net earnings $3.0M (3.3% of revenue).

Revenue$92.4M
Year over year+10%
Quarter over quarter+1%
Operating margin23.8%
Net earnings$3.0M

Easterly Government Properties, Q2 2026: revenue $92.4M (+10% year over year), operating margin 23.8%, net earnings $3.0M, operating cash flow $44.6M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$92.4M+1%+10%
Operating profit$22.0M+10%+3%
Net earnings$3.0M+123%-25%
Operating cash flow$44.6M+63%+17%

What changed

Revenue was $92.4M in Q2 2026, up 10% year over year and up 1% from the previous quarter.

Operating profit was $22.0M, a 23.8% margin (down 1.6 points year over year). Of the extra revenue versus Q2 2025, 7% reached operating profit, below the 25% margin then. Total costs grew 12% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+16%). Net earnings were $3.0M, down 25% year over year. The effective tax rate was 0.0%.

Operating cash flow was $44.6M (up 17% year over year), 1412% of net income including minority interests. Non-cash charges added back $32.2M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items added $7.2M.

Questions

What was Easterly Government Properties' revenue in the second quarter 2026?

Easterly Government Properties (DEA) reported revenue of $92.4M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +1% from the quarter before.

Was Easterly Government Properties profitable in the second quarter 2026?

Operating profit was $22.0M (23.8% of revenue) and net earnings $3.0M.

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Source: Easterly Government Properties 10-Q on SEC EDGAR.