Filing Flows › Equity Lifestyle Properties (ELS) › Q3 2026 › vs Q2 2026
Equity Lifestyle Properties (ELS) Q3 2026 vs Q2 2026 (quarter over quarter)
Equity Lifestyle Properties's revenue rose $12.1M (+3%) from $398M in Q2 2026 to $410M in Q3 2026. Operating margin 24.6% against 25.0% (-0.4 pts).
Equity Lifestyle Properties, Q3 2026: revenue $410M (+4% year over year), operating margin 24.6%, net earnings $89.2M, operating cash flow $152M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 24.6% | 25.0% | -0.4 pts |
| Net margin | 21.8% | 25.0% | -3.2 pts |
| Free cash flow margin | 24.7% | 21.1% | +3.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $410M | $398M | $12.1M | +3% |
| Operating profit | $101M | $99.4M | $1.3M | +1% |
| Costs & expenses | $309M | $298M | $10.8M | +4% |
| Pre-tax earnings | $101M | $99.5M | $1.8M | +2% |
| Sales & marketing | $4.8M | $4.6M | $266K | +6% |
| General & admin | $9.6M | $11.9M | −$2.3M | -19% |
| Other operating costs | $295M | $282M | $12.8M | +5% |
| Net earnings | $89.2M | $99.5M | −$10.3M | -10% |
| Income tax | $12.1M | $0 | $12.1M | — |
| Depreciation & amortization | $54.9M | $53.6M | $1.3M | +2% |
| Share-based compensation | $2.2M | $2.2M | $22K | +1% |
| Working capital & other | $5.5M | −$7.4M | $12.9M | — |
| Operating cash flow | $152M | $148M | $3.9M | +3% |
| Free cash flow (OCF − capex) | $101M | $83.8M | $17.3M | +21% |
| Capital expenditures | $50.7M | $64.2M | −$13.4M | -21% |
Questions
How much did Equity Lifestyle Properties's revenue grow quarter over quarter in Q3 2026?
Equity Lifestyle Properties's revenue rose $12.1M (+3%) from $398M in Q2 2026 to $410M in Q3 2026. Operating margin 24.6% against 25.0% (-0.4 pts).