Filing Flows › First Real Estate Investment Trust of New Jersey (FREVS) › Q3 FY26
First Real Estate Investment Trust of New Jersey (FREVS) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Sep 11, 2026
First Real Estate Investment Trust of New Jersey (FREVS) reported revenue of $7.5M for the third quarter fiscal 2026 (Q3 FY26), +4% from a year earlier and -1% from the quarter before. Operating margin was 51.6%, net earnings $20.2M (267.5% of revenue).
First Real Estate Investment Trust of New Jersey, Q3 FY26: revenue $7.5M (+4% year over year), operating margin 51.6%, net earnings $20.2M, operating cash flow $744K. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.5M | -1% | +4% |
| Operating profit | $3.9M | +2% | +6% |
| Net earnings | $20.2M | 33× | 23× |
| Operating cash flow | $744K | -42% | -55% |
| Free cash flow | $542K | -51% | -64% |
What changed
Revenue was $7.5M in Q3 FY26, up 4% year over year and down 1% from the previous quarter.
Operating profit was $3.9M, a 51.6% margin (up 0.9 points year over year). Of the extra revenue versus Q3 FY25, 74% reached operating profit, above the 51% margin then. Total costs grew 2% against revenue growth of 4%. The fastest-growing cost line was General & admin (+121%). Net earnings were $20.2M, up 2194% year over year ($19.9M including minority interests, which bore $215K of losses). The tax line was a benefit of $16.1M on pre-tax earnings of $3.9M.
Operating cash flow was $744K (down 55% year over year), 4% of net earnings. Non-cash charges added back $681K of depreciation. Working capital and other items used $19.9M. Capital expenditures of $202K left free cash flow of $542K.
Questions
What was First Real Estate Investment Trust of New Jersey's revenue in the third quarter fiscal 2026?
First Real Estate Investment Trust of New Jersey (FREVS) reported revenue of $7.5M for the third quarter fiscal 2026 (Q3 FY26), +4% from a year earlier and -1% from the quarter before.
Was First Real Estate Investment Trust of New Jersey profitable in the third quarter fiscal 2026?
Operating profit was $3.9M (51.6% of revenue) and net earnings $20.2M.
Source: First Real Estate Investment Trust of New Jersey 10-Q on SEC EDGAR.