Filing Flows › FrontView REIT (FVR) › Q4 2025
FrontView REIT (FVR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 25, 2026
FrontView REIT (FVR) reported revenue of $16.5M for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and -2% from the quarter before. Operating margin was -31.7%, net loss $5.2M (31.7% of revenue).
FrontView REIT, Q4 2025: revenue $16.5M (+9% year over year), operating margin -31.7%, net loss $5.2M, operating cash flow $16.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.5M | -2% | +9% |
| Operating profit | −$5.2M | -194% | — |
| Net earnings | −$5.2M | -231% | — |
| Operating cash flow | $16.5M | +100% | +515% |
What changed
Revenue was $16.5M in Q4 2025, up 9% year over year and down 2% from the previous quarter.
Operating costs exceeded revenue by $5.2M, an operating margin of -31.7%. Total costs grew 9% against revenue growth of 9%. The fastest-growing cost line was General & admin (+33%). The quarter ended with a net loss of $5.2M, after a profit of $5.5M the previous quarter. Minority interests bore $1.1M of it: to shareholders the quarter was a loss of $4.1M.
Operating cash flow was $16.5M (up 515% year over year). Non-cash charges added back $8.5M of depreciation and amortization and $398K of share-based compensation. Working capital and other items added $12.9M.
Questions
What was FrontView REIT's revenue in the fourth quarter 2025?
FrontView REIT (FVR) reported revenue of $16.5M for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and -2% from the quarter before.
Was FrontView REIT profitable in the fourth quarter 2025?
Operating loss was $5.2M (-31.7% of revenue) and net loss $5.2M.
Source: FrontView REIT 10-K on SEC EDGAR.