Filing Flows › Federal Realty Investment Trust (FRT) › Q2 2026 › vs Q1 2026
Federal Realty Investment Trust (FRT) Q2 2026 vs Q1 2026 (quarter over quarter)
Federal Realty Investment Trust's revenue fell $5.4M (-2%) from $341M in Q1 2026 to $336M in Q2 2026. Operating margin 41.3% against 61.3% (-20.0 pts).
Federal Realty Investment Trust, Q2 2026: revenue $336M (+8% year over year), operating margin 41.3%, net earnings $85.7M, operating cash flow $154M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 41.3% | 61.3% | -20.0 pts |
| Net margin | 25.5% | 46.6% | -21.1 pts |
| Free cash flow margin | 33.9% | 42.7% | -8.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $336M | $341M | −$5.4M | -2% |
| Operating profit | $139M | $209M | −$70.3M | -34% |
| Costs & expenses | $197M | $132M | $64.9M | +49% |
| Pre-tax earnings | $88.6M | $161M | −$72.5M | -45% |
| Other expense, net | $50.1M | $47.9M | $2.2M | +5% |
| General & admin | $13.5M | $11.9M | $1.5M | +13% |
| Other operating costs | $184M | $120M | $63.4M | +53% |
| Net earnings | $85.7M | $159M | −$73.4M | -46% |
| Minority interests | $2.9M | $2.0M | $880K | +45% |
| Depreciation & amortization | $101M | $99.2M | $1.4M | +1% |
| Share-based compensation | $3.6M | $4.3M | −$735K | -17% |
| Working capital & other | $36.2M | $78.0M | −$41.9M | -54% |
| Operating cash flow | $154M | $185M | −$30.9M | -17% |
| Free cash flow (OCF − capex) | $114M | $146M | −$31.7M | -22% |
| Capital expenditures | $39.8M | $39.0M | $805K | +2% |
Questions
How much did Federal Realty Investment Trust's revenue grow quarter over quarter in Q2 2026?
Federal Realty Investment Trust's revenue fell $5.4M (-2%) from $341M in Q1 2026 to $336M in Q2 2026. Operating margin 41.3% against 61.3% (-20.0 pts).