Q3 2026 Revenue up 17% year over year to $87.1M · 22¢ of every $1 of revenue kept as net profit · operating margin 4.8%
InvenTrust Properties made $87.1M in Q3 2026 (+17% Y/Y). Operating margin 4.8%, net earnings $19.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 27, 2026.
Revenue$87.1M
Year over year+17%
Operating margin4.8%
Net earnings$19.4M
Operating cash flow$47.3M
Drawing the Sankey…
Open the interactive Sankey →click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $87.1M in Q3 2026, up 17% year over year and up 5% from the previous quarter.
Operating profit was $4.2M, a 4.8% margin (up 14.6 points year over year). Total costs grew 1% against revenue growth of 17%. Net earnings were $19.4M, up 222% year over year. The effective tax rate was 0.0%. Non-operating items added $15.3M, 79% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $47.3M (up 8% year over year), 244% of net earnings. Non-cash charges added back $39.7M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items used $14.7M. Capital expenditures of $11.6M left free cash flow of $35.7M.
Quarterly history
Quarter
Form
Filed
Revenue
Y/Y
Op. margin
Net earnings
Op. cash flow
Q3 2026
10-Q
Oct 27, 2026
$87.1M
+17%
4.8%
$19.4M
$47.3M
Q2 2026
10-Q
Aug 3, 2026
$82.8M
+13%
-13.6%
$1.4M
$53.9M
Q1 2026
10-Q
Apr 28, 2026
$82.6M
+12%
-11.8%
$5.2M
$20.2M
Q4 2025
10-K
Feb 12, 2026
$77.4M
+9%
-11.0%
$2.7M
$42.7M
Q3 2025
10-Q
Oct 29, 2025
$74.5M
+9%
-9.8%
$6.0M
$43.8M
Q2 2025
10-Q
Jul 30, 2025
$73.6M
+9%
113.5%
$95.9M
$48.7M
Q1 2025
10-Q
Apr 30, 2025
$73.8M
+10%
-10.5%
$6.8M
$20.2M
Charts
Latest (Q3 2026): Y/Y +17%, Q/Q +5%.From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.Latest (Q3 2026): Net income $19.4M, Operating cash flow $47.3M.+8.7% since FY2020: more shares outstanding (issuance, stock pay).Cash $40.5M, short-term investments —, long-term debt $823M at 2025-12-31.Real Estate Investment Trusts; dot size is quarterly revenue; dashed lines are the industry's medians.
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
On October 4, 2004, InvenTrust Properties Corp. was incorporated as Inland American Real Estate Trust, Inc., a Maryland corporation, and elected to operate in a manner to be taxed as a REIT for federal tax purposes. The Company changed its name to InvenTrust Properties Corp. in April 2015 and is focused on owning, leasing, redeveloping, acquiring and managing a multi-tenant retail platform. On October 12, 2021, the Company's shares of common stock were listed and began trading on the New York Stock Exchange ("NYSE") under the ticker symbol "IVT."
In its own words, from its 10-K, filed Feb 12, 2026.
InvenTrust Properties against its Real Estate Investment Trusts peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +17% against the peers' median +14%. Operating margin: 4.8% against the peers' median 15.9%.