Filing Flows › Lightstone Value Plus REIT IV (LTSV) › Q2 2026
Lightstone Value Plus REIT IV (LTSV) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Lightstone Value Plus REIT IV (LTSV) reported revenue of $8.5M for the second quarter 2026 (Q2 2026), -1% from a year earlier and +71% from the quarter before. Operating margin was 28.0%, net earnings $582K (6.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.5M | +71% | -1% |
| Operating profit | $2.4M | — | +15% |
| Net earnings | $582K | — | +397% |
| Operating cash flow | $307K | — | +31% |
| Free cash flow | $259K | — | — |
What changed
Revenue was $8.5M in Q2 2026, down 1% year over year and up 71% from the previous quarter. Room Revenue was the largest line at 71% of revenue. Food Beverage and Other Revenue lost $471K year over year (down 16%), 444% of the total change.
Operating profit was $2.4M, a 28.0% margin (up 4.0 points year over year). Total costs fell 6% while revenue fell 1%. Net earnings were $582K, up 397% year over year. The effective tax rate was 0.0%.
Operating cash flow was $307K (up 31% year over year), 32% of net income including minority interests. Non-cash charges added back $1.0M of depreciation and amortization. Working capital and other items used $1.6M. Capital expenditures of $48K left free cash flow of $259K.
Questions
What was Lightstone Value Plus REIT IV's revenue in the second quarter 2026?
Lightstone Value Plus REIT IV (LTSV) reported revenue of $8.5M for the second quarter 2026 (Q2 2026), -1% from a year earlier and +71% from the quarter before.
Was Lightstone Value Plus REIT IV profitable in the second quarter 2026?
Operating profit was $2.4M (28.0% of revenue) and net earnings $582K.