Filing Flows › Four Corners Property Trust (FCPT) › Q4 2025
Four Corners Property Trust (FCPT) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 12, 2026
Four Corners Property Trust (FCPT) reported revenue of $75.7M for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +2% from the quarter before. Operating margin was 39.1%, net earnings $29.5M (38.9% of revenue).
Four Corners Property Trust, Q4 2025: revenue $75.7M (+11% year over year), operating margin 39.1%, net earnings $29.5M, operating cash flow $48.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $75.7M | +2% | +11% |
| Operating profit | $29.6M | +2% | +12% |
| Net earnings | $29.5M | +2% | +12% |
| Operating cash flow | $48.0M | -2% | +44% |
What changed
Revenue was $75.7M in Q4 2025, up 11% year over year and up 2% from the previous quarter. Real Estate Operations was the largest line at 90% of revenue.
Operating profit was $29.6M, a 39.1% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 44% reached operating profit, above the 39% margin then. Total costs grew 10% against revenue growth of 11%. Net earnings were $29.4M, up 12% year over year. The effective tax rate was 0.3%.
Operating cash flow was $48.0M (up 44% year over year), 163% of net earnings. Non-cash charges added back $15.5M of depreciation and amortization and $1.9M of share-based compensation.
Questions
What was Four Corners Property Trust's revenue in the fourth quarter 2025?
Four Corners Property Trust (FCPT) reported revenue of $75.7M for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +2% from the quarter before.
Was Four Corners Property Trust profitable in the fourth quarter 2025?
Operating profit was $29.6M (39.1% of revenue) and net earnings $29.5M.