Filing Flows › FrontView REIT (FVR) › Q2 2025
FrontView REIT (FVR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
FrontView REIT (FVR) reported revenue of $17.6M for the second quarter 2025 (Q2 2025), +20% from a year earlier and +8% from the quarter before. Operating margin was -24.7%, net loss $4.5M (25.8% of revenue).
FrontView REIT, Q2 2025: revenue $17.6M (+20% year over year), operating margin -24.7%, net loss $4.5M, operating cash flow $9.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.6M | +8% | +20% |
| Operating profit | −$4.3M | — | — |
| Net earnings | −$4.5M | — | — |
| Operating cash flow | $9.3M | +14% | +80% |
What changed
Revenue was $17.6M in Q2 2025, up 20% year over year and up 8% from the previous quarter.
Operating costs exceeded revenue by $4.3M, an operating margin of -24.7%. Total costs grew 25% against revenue growth of 20%. The fastest-growing cost line was General & admin (+410%). The quarter ended with a net loss of $4.5M, wider than the previous quarter's $1.3M loss. Minority interests bore $1.6M of it: to shareholders the quarter was a loss of $2.9M.
Operating cash flow was $9.3M (up 80% year over year). Non-cash charges added back $9.5M of depreciation and amortization and $200K of share-based compensation. Working capital and other items added $4.1M.
Questions
What was FrontView REIT's revenue in the second quarter 2025?
FrontView REIT (FVR) reported revenue of $17.6M for the second quarter 2025 (Q2 2025), +20% from a year earlier and +8% from the quarter before.
Was FrontView REIT profitable in the second quarter 2025?
Operating loss was $4.3M (-24.7% of revenue) and net loss $4.5M.
Source: FrontView REIT 10-Q on SEC EDGAR.