Filing Flows › Four Corners Property Trust (FCPT) › Q2 2025
Four Corners Property Trust (FCPT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Four Corners Property Trust (FCPT) reported revenue of $72.8M for the second quarter 2025 (Q2 2025), +10% from a year earlier and +2% from the quarter before. Operating margin was 38.5%, net earnings $28.0M (38.4% of revenue).
Four Corners Property Trust, Q2 2025: revenue $72.8M (+10% year over year), operating margin 38.5%, net earnings $28.0M, operating cash flow $43.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $72.8M | +2% | +10% |
| Operating profit | $28.1M | +7% | +13% |
| Net earnings | $28.0M | +7% | +13% |
| Operating cash flow | $43.8M | -15% | +10% |
What changed
Revenue was $72.8M in Q2 2025, up 10% year over year and up 2% from the previous quarter. Real Estate Operations was the largest line at 89% of revenue. Real Estate Operations added $6.5M year over year (up 11%), 103% of the total change. Other declined 65%.
Operating profit was $28.1M, a 38.5% margin (up 1.2 points year over year). Of the extra revenue versus a year earlier, 52% reached operating profit, above the 37% margin then. Total costs grew 7% against revenue growth of 10%. Net earnings were $27.9M, up 13% year over year. The effective tax rate was 0.4%.
Operating cash flow was $43.8M (up 10% year over year), 157% of net earnings. Non-cash charges added back $14.6M of depreciation and amortization and $2.0M of share-based compensation.
Questions
What was Four Corners Property Trust's revenue in the second quarter 2025?
Four Corners Property Trust (FCPT) reported revenue of $72.8M for the second quarter 2025 (Q2 2025), +10% from a year earlier and +2% from the quarter before.
Was Four Corners Property Trust profitable in the second quarter 2025?
Operating profit was $28.1M (38.5% of revenue) and net earnings $28.0M.