Q3 2026 Revenue up 1% year over year to $2.1M · 60¢ of every $1 of revenue kept as net profit · operating margin 60.1%
Manhattan Bridge Capital made $2.1M in Q3 2026 (+0.9% Y/Y). Operating margin 60.1%, net earnings $1.2M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 21, 2026.
Revenue$2.1M
Year over year+0.9%
Operating margin60.1%
Net earnings$1.2M
Operating cash flow$1.3M
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 $2.1M in Q3 2026, up 1% year over year and roughly flat from the previous quarter.
Operating profit was $1.2M, a 60.1% margin (up 1.3 points year over year). Of the extra revenue versus Q3 2025, 204% reached operating profit, above the 59% margin then. Total costs fell 2% while revenue rose 1%. Net earnings were $1.2M, up 3% year over year. The effective tax rate was 0.0%.
Operating cash flow was $1.3M (down 5% year over year), 108% of net earnings. Non-cash charges added back $0K of depreciation and $2K of share-based compensation. Working capital and other items added $94K.
Quarterly history
Quarter
Form
Filed
Revenue
Y/Y
Op. margin
Net earnings
Op. cash flow
Q3 2026
10-Q
Oct 21, 2026
$2.1M
+0.9%
60.1%
$1.2M
$1.3M
Q2 2026
10-Q
Jul 23, 2026
$2.0M
-13%
56.2%
$1.2M
$1.4M
Q1 2026
10-Q
Apr 16, 2026
$2.1M
-9%
61.4%
$1.3M
$1.3M
Q4 2025
10-K
Mar 27, 2026
$2.0M
-15%
55.9%
$1.1M
$1.1M
Q3 2025
10-Q
Oct 24, 2025
$2.0M
-12%
58.8%
$1.2M
$1.4M
Q2 2025
10-Q
Jul 22, 2025
$2.4M
-4%
59.9%
$1.4M
$1.2M
Q1 2025
10-Q
Apr 24, 2025
$2.3M
-12%
60.2%
$1.4M
$1.2M
Charts
Latest (Q3 2026): Y/Y +1%, Q/Q +0%.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 $1.2M, Operating cash flow $1.3M.+18.8% since FY2020: more shares outstanding (issuance, stock pay).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
We are a New York-based real estate finance company that specializes in originating, servicing and managing a portfolio of first mortgage loans. We offer short-term, secured, non-banking loans (sometimes referred to as “hard money” loans), which we may renew or extend on, before or after their initial term expires, to real estate investors to fund their acquisition, renovation, rehabilitation or improvement of properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. We are organized and conduct our operations to qualify as a real estate investment trust for federal income tax purposes (“REIT”). We have qualified for taxation as a REIT beginning with our taxable year ended December 31, 2014.
In its own words, from its 10-K, filed Mar 27, 2026.
Manhattan Bridge Capital against its Real Estate Investment Trusts peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +0.9% against the peers' median +11%. Operating margin: 60.1% against the peers' median 20.6%.