Filing Flows › Federal Realty Investment Trust (FRT) › Q1 2026 › vs Q1 2025
Federal Realty Investment Trust (FRT) Q1 2026 vs Q1 2025 (year over year)
Federal Realty Investment Trust's revenue rose $31.9M (+10%) from $309M in Q1 2025 to $341M in Q1 2026. Operating margin 61.3% against 35.0% (+26.3 pts).
Federal Realty Investment Trust, Q1 2026: revenue $341M (+10% year over year), operating margin 61.3%, net earnings $159M, operating cash flow $185M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Operating margin | 61.3% | 35.0% | +26.3 pts |
| Net margin | 46.6% | 20.6% | +26.0 pts |
| Free cash flow margin | 42.7% | 47.8% | -5.1 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $341M | $309M | $31.9M | +10% |
| Operating profit | $209M | $108M | $101M | +93% |
| Costs & expenses | $132M | $201M | −$68.9M | -34% |
| Pre-tax earnings | $161M | $66.6M | $94.5M | +142% |
| Other expense, net | $47.9M | $41.6M | $6.4M | +15% |
| General & admin | $11.9M | $10.9M | $1.1M | +10% |
| Other operating costs | $120M | $190M | −$70.0M | -37% |
| Net earnings | $159M | $63.8M | $95.3M | +149% |
| Minority interests | $2.0M | $2.8M | −$839K | -30% |
| Depreciation & amortization | $99.2M | $86.9M | $12.3M | +14% |
| Share-based compensation | $4.3M | $3.9M | $422K | +11% |
| Working capital & other | $78.0M | −$24.4M | $102M | — |
| Operating cash flow | $185M | $179M | $5.5M | +3% |
| Free cash flow (OCF − capex) | $146M | $148M | −$2.2M | -1% |
| Capital expenditures | $39.0M | $31.2M | $7.8M | +25% |
Questions
How much did Federal Realty Investment Trust's revenue grow year over year in Q1 2026?
Federal Realty Investment Trust's revenue rose $31.9M (+10%) from $309M in Q1 2025 to $341M in Q1 2026. Operating margin 61.3% against 35.0% (+26.3 pts).