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Filing Flows › Equity Lifestyle Properties (ELS) › Q2 2026 › vs Q1 2026

Equity Lifestyle Properties (ELS) Q2 2026 vs Q1 2026 (quarter over quarter)

Equity Lifestyle Properties's revenue rose $193K (0%) from $398M in Q1 2026 to $398M in Q2 2026. Operating margin 25.0% against 28.3% (-3.3 pts).

Equity Lifestyle Properties, Q2 2026: revenue $398M (+6% year over year), operating margin 25.0%, net earnings $99.5M, operating cash flow $148M. The chart draws each line against Q1 2026, the increases inside each band.

Equity Lifestyle Properties: what changed, Q2 2026 vs Q1 2026Equity Lifestyle Properties: what changed, Q2 2026 vs Q1 2026Free cash flow (OCF − capex)−$65.2MOperating cash flow−$46.3MWorking capital & other$34.9MCapital expenditures$18.9MCosts & expenses$13.2MOperating profit−$13.0MPre-tax earnings−$12.0MNet earnings−$12.0MOther operating costs$11.7MGeneral & admin$771K

Margins

Q2 2026Q1 2026Change
Operating margin25.0%28.3%-3.3 pts
Net margin25.0%28.0%-3.0 pts
Free cash flow margin21.1%37.5%-16.4 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$398M$398M$193K0%
Operating profit$99.4M$112M−$13.0M-12%
Costs & expenses$298M$285M$13.2M+5%
Pre-tax earnings$99.5M$111M−$12.0M-11%
Sales & marketing$4.6M$3.8M$714K+19%
General & admin$11.9M$11.1M$771K+7%
Other operating costs$282M$270M$11.7M+4%
Net earnings$99.5M$111M−$12.0M-11%
Depreciation & amortization$53.6M$53.1M$501K+0.9%
Share-based compensation$2.2M$2.1M$39K+2%
Working capital & other$7.4M−$27.5M$34.9M—
Operating cash flow$148M$194M−$46.3M-24%
Free cash flow (OCF − capex)$83.8M$149M−$65.2M-44%
Capital expenditures$64.2M$45.3M$18.9M+42%

Questions

How much did Equity Lifestyle Properties's revenue grow quarter over quarter in Q2 2026?

Equity Lifestyle Properties's revenue rose $193K (0%) from $398M in Q1 2026 to $398M in Q2 2026. Operating margin 25.0% against 28.3% (-3.3 pts).

Q2 2026 results → · Compare in the interactive Sankey →