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FrontView REIT (FVR) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 5, 2026

FrontView REIT (FVR) reported revenue of $18.6M for the third quarter 2026 (Q3 2026), +11% from a year earlier and +3% from the quarter before. Operating margin was 16.6%, net earnings $2.5M (13.6% of revenue).

Revenue$18.6M
Year over year+11%
Quarter over quarter+3%
Operating margin16.6%
Net earnings$2.5M

FrontView REIT, Q3 2026: revenue $18.6M (+11% year over year), operating margin 16.6%, net earnings $2.5M, operating cash flow $11.1M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$18.6M+3%+11%
Operating profit$3.1M+92%-45%
Net earnings$2.5M+105%-37%
Operating cash flow$11.1M-3%+35%

What changed

Revenue was $18.6M in Q3 2026, up 11% year over year and up 3% from the previous quarter.

Operating profit was $3.1M, a 16.6% margin (down 16.7 points year over year). Operating profit fell $2.5M even though revenue rose $1.8M versus Q3 2025, so costs grew faster than sales. Total costs grew 39% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+40%). Net earnings were $2.5M, down 37% year over year. The effective tax rate was 3.5%.

Operating cash flow was $11.1M (up 35% year over year), 372% of net income including minority interests. Non-cash charges added back $8.4M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $1.8M.

Questions

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

FrontView REIT (FVR) reported revenue of $18.6M for the third quarter 2026 (Q3 2026), +11% from a year earlier and +3% from the quarter before.

Was FrontView REIT profitable in the third quarter 2026?

Operating profit was $3.1M (16.6% of revenue) and net earnings $2.5M.

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Source: FrontView REIT 10-Q on SEC EDGAR.