Filing Flows › InvenTrust Properties (IVT) › Q3 2025
InvenTrust Properties (IVT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
InvenTrust Properties (IVT) reported revenue of $74.5M for the third quarter 2025 (Q3 2025), +9% from a year earlier and +1% from the quarter before. Operating margin was -9.8%, net earnings $6.0M (8.1% of revenue).
InvenTrust Properties, Q3 2025: revenue $74.5M (+9% year over year), operating margin -9.8%, net earnings $6.0M, operating cash flow $43.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $74.5M | +1% | +9% |
| Operating profit | −$7.3M | -109% | — |
| Net earnings | $6.0M | -94% | — |
| Operating cash flow | $43.8M | -10% | +14% |
| Free cash flow | $31.4M | -17% | +7% |
What changed
Revenue was $74.5M in Q3 2025, up 9% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $7.3M, an operating margin of -9.8%. Total costs grew 1% against revenue growth of 9%. Net earnings were $6.0M. The effective tax rate was 0.0%. Non-operating items added $13.3M, 221% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $43.8M (up 14% year over year), 727% of net earnings. Non-cash charges added back $32.7M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $2.3M. Capital expenditures of $12.4M left free cash flow of $31.4M.
Questions
What was InvenTrust Properties' revenue in the third quarter 2025?
InvenTrust Properties (IVT) reported revenue of $74.5M for the third quarter 2025 (Q3 2025), +9% from a year earlier and +1% from the quarter before.
Was InvenTrust Properties profitable in the third quarter 2025?
Operating loss was $7.3M (-9.8% of revenue) and net earnings $6.0M.