Filing Flows › Equity Lifestyle Properties (ELS) › Q2 2026 › vs Q2 2025
Equity Lifestyle Properties (ELS) Q2 2026 vs Q2 2025 (year over year)
Equity Lifestyle Properties's revenue rose $20.9M (+6%) from $377M in Q2 2025 to $398M in Q2 2026. Operating margin 25.0% against 22.3% (+2.6 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 25.0% | 22.3% | +2.6 pts |
| Net margin | 25.0% | 22.2% | +2.9 pts |
| Free cash flow margin | 21.1% | 19.1% | +2.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $398M | $377M | $20.9M | +6% |
| Operating profit | $99.4M | $84.2M | $15.1M | +18% |
| Costs & expenses | $298M | $293M | $5.8M | +2% |
| Pre-tax earnings | $99.5M | $83.5M | $16.0M | +19% |
| Sales & marketing | $4.6M | $4.1M | $489K | +12% |
| General & admin | $11.9M | $10.5M | $1.4M | +14% |
| Other operating costs | $282M | $278M | $3.9M | +1% |
| Net earnings | $99.5M | $83.5M | $16.0M | +19% |
| Depreciation & amortization | $53.6M | $52.6M | $988K | +2% |
| Share-based compensation | $2.2M | $2.7M | −$488K | -18% |
| Working capital & other | $7.4M | $7.5M | −$126K | -2% |
| Operating cash flow | $148M | $131M | $16.7M | +13% |
| Free cash flow (OCF − capex) | $83.8M | $71.8M | $11.9M | +17% |
| Capital expenditures | $64.2M | $59.5M | $4.7M | +8% |
Questions
How much did Equity Lifestyle Properties's revenue grow year over year in Q2 2026?
Equity Lifestyle Properties's revenue rose $20.9M (+6%) from $377M in Q2 2025 to $398M in Q2 2026. Operating margin 25.0% against 22.3% (+2.6 pts).