Filing Flows › EPR Properties (EPR) › Q3 2026
EPR Properties (EPR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
EPR Properties (EPR) reported revenue of $204M for the third quarter 2026 (Q3 2026), +12% from a year earlier and +4% from the quarter before. Operating margin was 68.2%, net earnings $100M (49.1% of revenue).
EPR Properties, Q3 2026: revenue $204M (+12% year over year), operating margin 68.2%, net earnings $100M, operating cash flow $169M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $204M | +4% | +12% |
| Operating profit | $139M | +30% | +43% |
| Net earnings | $100M | +49% | +50% |
| Operating cash flow | $169M | +81% | +24% |
| Free cash flow | $64.5M | — | -48% |
What changed
Revenue was $204.1M in Q3 2026, up 12% year over year and up 4% from the previous quarter. Experiential Reportable Operating Segment was the largest line at 96% of revenue. Experiential Reportable Operating Segment added $21.6M year over year (up 12%), 99% of the total change. Education Reportable Operating Segment declined 2%.
Operating profit was $139.3M, a 68.2% margin (up 14.7 points year over year). Of the extra revenue versus Q3 2025, 191% reached operating profit, above the 54% margin then. Total costs fell 23% while revenue rose 12%. Net earnings were $100.1M, up 50% year over year. The effective tax rate was 0.8%.
Operating cash flow was $169.0M (up 24% year over year), 169% of net earnings. Non-cash charges added back $51.1M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items added $12.9M. Capital expenditures of $104.5M left free cash flow of $64.5M.
Questions
What was EPR Properties' revenue in the third quarter 2026?
EPR Properties (EPR) reported revenue of $204M for the third quarter 2026 (Q3 2026), +12% from a year earlier and +4% from the quarter before.
Was EPR Properties profitable in the third quarter 2026?
Operating profit was $139M (68.2% of revenue) and net earnings $100M.
Source: EPR Properties 10-Q on SEC EDGAR.