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Four Corners Property Trust (FCPT) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 29, 2026

Four Corners Property Trust (FCPT) reported revenue of $83.7M for the third quarter 2026 (Q3 2026), +13% from a year earlier and +7% from the quarter before. Operating margin was 35.1%, net earnings $28.9M (34.5% of revenue).

Revenue$83.7M
Year over year+13%
Quarter over quarter+7%
Operating margin35.1%
Net earnings$28.9M

Four Corners Property Trust, Q3 2026: revenue $83.7M (+13% year over year), operating margin 35.1%, net earnings $28.9M, operating cash flow $61.1M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$83.7M+7%+13%
Operating profit$29.3M-2%+1%
Net earnings$28.9M-4%0%
Operating cash flow$61.1M+21%+25%

What changed

Revenue was $83.7M in Q3 2026, up 13% year over year and up 7% from the previous quarter.

Operating profit was $29.3M, a 35.1% margin (down 3.9 points year over year). Of the extra revenue versus Q3 2025, 4% reached operating profit, below the 39% margin then. Total costs grew 20% against revenue growth of 13%. The fastest-growing cost line was Other operating costs (+23%). Net earnings were $28.8M, roughly flat year over year. The effective tax rate was 1.5%.

Operating cash flow was $61.1M (up 25% year over year), 212% of net earnings. Non-cash charges added back $18.6M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items added $11.5M.

Questions

What was Four Corners Property Trust's revenue in the third quarter 2026?

Four Corners Property Trust (FCPT) reported revenue of $83.7M for the third quarter 2026 (Q3 2026), +13% from a year earlier and +7% from the quarter before.

Was Four Corners Property Trust profitable in the third quarter 2026?

Operating profit was $29.3M (35.1% of revenue) and net earnings $28.9M.

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Source: Four Corners Property Trust 10-Q on SEC EDGAR.