Filing Flows › Essential Properties Realty Trust (EPRT) › Q3 2026 › vs Q3 2025
Essential Properties Realty Trust (EPRT) Q3 2026 vs Q3 2025 (year over year)
Essential Properties Realty Trust's revenue rose $23.7M (+16%) from $145M in Q3 2025 to $169M in Q3 2026. Operating margin 56.0% against 64.7% (-8.6 pts).
Essential Properties Realty Trust, Q3 2026: revenue $169M (+16% year over year), operating margin 56.0%, net earnings $60.2M, operating cash flow $118M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 56.0% | 64.7% | -8.6 pts |
| Net margin | 35.7% | 45.3% | -9.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $169M | $145M | $23.7M | +16% |
| Operating profit | $94.5M | $93.7M | $769K | +0.8% |
| Costs & expenses | $74.2M | $51.2M | $23.0M | +45% |
| Pre-tax earnings | $60.9M | $66.0M | −$5.1M | -8% |
| Other expense, net | $33.6M | $27.8M | $5.9M | +21% |
| General & admin | $14.1M | $10.2M | $3.9M | +38% |
| Other operating costs | $60.1M | $41.0M | $19.1M | +47% |
| Net earnings | $60.2M | $65.6M | −$5.5M | -8% |
| Minority interests | $500K | $180K | $320K | +178% |
| Income tax | $218K | $170K | $48K | +28% |
| Depreciation & amortization | $44.6M | $37.5M | $7.1M | +19% |
| Share-based compensation | $5.2M | $3.6M | $1.6M | +45% |
| Working capital & other | $8.2M | −$7.7M | $15.8M | — |
| Operating cash flow | $118M | $99.0M | $19.1M | +19% |
| Capital expenditures | $284M | $284M | −$216K | -0.1% |
| Negative free cash flow (OCF − capex) | $166M | $185M | −$19.3M | -10% |
Questions
How much did Essential Properties Realty Trust's revenue grow year over year in Q3 2026?
Essential Properties Realty Trust's revenue rose $23.7M (+16%) from $145M in Q3 2025 to $169M in Q3 2026. Operating margin 56.0% against 64.7% (-8.6 pts).