Filing Flows › MacKenzie Realty Capital (MKZR) › Q2 FY26
MacKenzie Realty Capital (MKZR) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Feb 17, 2026
MacKenzie Realty Capital (MKZR) reported revenue of $4.6M for the second quarter fiscal 2026 (Q2 FY26), -43% from a year earlier and +1% from the quarter before. Operating margin was -102.5%, net loss $4.5M (97.4% of revenue).
MacKenzie Realty Capital, Q2 FY26: revenue $4.6M (-43% year over year), operating margin -102.5%, net loss $4.5M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.6M | +1% | -43% |
| Operating profit | −$4.7M | — | — |
| Net earnings | −$4.5M | — | — |
| Operating cash flow | −$1.6M | — | -184% |
What changed
Revenue was $4.6M in Q2 FY26, down 43% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $4.7M, an operating margin of -102.5%. Total costs fell 26% while revenue fell 43%. The quarter ended with a net loss of $4.5M, wider than the previous quarter's $3.0M loss.
Operating cash flow was −$1.6M. Non-cash charges added back $2.7M of depreciation and amortization. Working capital and other items added $234K.
Questions
What was MacKenzie Realty Capital's revenue in the second quarter fiscal 2026?
MacKenzie Realty Capital (MKZR) reported revenue of $4.6M for the second quarter fiscal 2026 (Q2 FY26), -43% from a year earlier and +1% from the quarter before.
Was MacKenzie Realty Capital profitable in the second quarter fiscal 2026?
Operating loss was $4.7M (-102.5% of revenue) and net loss $4.5M.