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FrontView REIT (FVR) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

FrontView REIT (FVR) reported revenue of $18.2M for the first quarter 2026 (Q1 2026), +12% from a year earlier and +10% from the quarter before. Operating margin was 2.6%, net earnings $320K (1.8% of revenue).

Revenue$18.2M
Year over year+12%
Quarter over quarter+10%
Operating margin2.6%
Net earnings$320K

FrontView REIT, Q1 2026: revenue $18.2M (+12% year over year), operating margin 2.6%, net earnings $320K, operating cash flow $7.1M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$18.2M+10%+12%
Operating profit$470K——
Net earnings$320K——
Operating cash flow$7.1M-57%-12%

What changed

Revenue was $18.2M in Q1 2026, up 12% year over year and up 10% from the previous quarter.

Operating profit was $470K, a 2.6% margin (up 10.2 points year over year). Total costs grew 1% against revenue growth of 12%. The fastest-growing cost line was General & admin (+29%). Net earnings were $320K. The effective tax rate was 14.9%.

Operating cash flow was $7.1M (down 12% year over year), 1777% of net income including minority interests. Non-cash charges added back $7.7M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $2.0M.

Questions

What was FrontView REIT's revenue in the first quarter 2026?

FrontView REIT (FVR) reported revenue of $18.2M for the first quarter 2026 (Q1 2026), +12% from a year earlier and +10% from the quarter before.

Was FrontView REIT profitable in the first quarter 2026?

Operating profit was $470K (2.6% of revenue) and net earnings $320K.

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Source: FrontView REIT 10-Q on SEC EDGAR.