Filing Flows › Lightstone Value Plus REIT IV (LTSV) › Q2 2026 › vs Q1 2026
Lightstone Value Plus REIT IV (LTSV) Q2 2026 vs Q1 2026 (quarter over quarter)
Lightstone Value Plus REIT IV's revenue rose $3.5M (+71%) from $5.0M in Q1 2026 to $8.5M in Q2 2026. The biggest changes: Room Revenue +$2.7M (+84%); Food Beverage and Other Revenue +$774K (+45%). Operating margin 28.0% against -22.2% (+50.2 pts).
Lightstone Value Plus REIT IV, Q2 2026: revenue $8.5M (-1% year over year), operating margin 28.0%, net earnings $582K, operating cash flow $307K. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 28.0% | -22.2% | +50.2 pts |
| Net margin | 6.8% | -55.9% | +62.7 pts |
| Free cash flow margin | 3.0% | -32.5% | +35.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Room Revenue | $6.0M | $3.3M | $2.7M | +84% |
| Food Beverage and Other Revenue | $2.5M | $1.7M | $774K | +45% |
| Revenue | $8.5M | $5.0M | $3.5M | +71% |
| Operating profit | $2.4M | −$1.1M | $3.5M | — |
| Costs & expenses | $6.1M | $6.1M | $31K | +0.5% |
| Pre-tax earnings | $948K | −$3.5M | $4.5M | — |
| Other expense, net | $1.4M | $2.4M | −$996K | -41% |
| General & admin | $547K | $512K | $35K | +7% |
| Other operating costs | $5.6M | $5.6M | −$4K | -0.1% |
| Net earnings | $582K | −$2.8M | $3.4M | — |
| Minority interests | $366K | −$751K | $1.1M | — |
| Operating cash sources | $1.6M | −$1.8M | $3.4M | — |
| Depreciation & amortization | $977K | $982K | −$5K | -0.5% |
| Working capital & other | $1.3M | −$501K | $1.8M | — |
| Operating cash flow | $307K | −$1.3M | $1.6M | — |
| Free cash flow (OCF − capex) | $259K | −$1.6M | $1.9M | — |
| Capital expenditures | $48K | $317K | −$269K | -85% |
Questions
How much did Lightstone Value Plus REIT IV's revenue grow quarter over quarter in Q2 2026?
Lightstone Value Plus REIT IV's revenue rose $3.5M (+71%) from $5.0M in Q1 2026 to $8.5M in Q2 2026.
What drove Lightstone Value Plus REIT IV's revenue change in Q2 2026?
Room Revenue +$2.7M (+84%); Food Beverage and Other Revenue +$774K (+45%).