Filing Flows › FrontView REIT (FVR) › Q3 2025
FrontView REIT (FVR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
FrontView REIT (FVR) reported revenue of $16.8M for the third quarter 2025 (Q3 2025), +16% from a year earlier and -4% from the quarter before. Operating margin was 33.3%, net earnings $4.0M (23.9% of revenue).
FrontView REIT, Q3 2025: revenue $16.8M (+16% year over year), operating margin 33.3%, net earnings $4.0M, operating cash flow $8.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.8M | -4% | +16% |
| Operating profit | $5.6M | — | — |
| Net earnings | $4.0M | — | — |
| Operating cash flow | $8.3M | -11% | +9% |
What changed
Revenue was $16.8M in Q3 2025, up 16% year over year and down 4% from the previous quarter.
Operating profit was $5.6M, a 33.3% margin (up 55.9 points year over year). Total costs fell 37% while revenue rose 16%. The fastest-growing cost line was General & admin (+346%). Net earnings were $4.0M. The effective tax rate was 0.9%.
Operating cash flow was $8.3M (up 9% year over year), 149% of net income including minority interests. Non-cash charges added back $7.3M of depreciation and amortization and $750K of share-based compensation. Working capital and other items used $5.4M.
Questions
What was FrontView REIT's revenue in the third quarter 2025?
FrontView REIT (FVR) reported revenue of $16.8M for the third quarter 2025 (Q3 2025), +16% from a year earlier and -4% from the quarter before.
Was FrontView REIT profitable in the third quarter 2025?
Operating profit was $5.6M (33.3% of revenue) and net earnings $4.0M.
Source: FrontView REIT 10-Q on SEC EDGAR.