Filing Flows › New England Realty Associates Limited Partnership (NEN) › Q2 2025
New England Realty Associates Limited Partnership (NEN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
New England Realty Associates Limited Partnership (NEN) reported revenue of $21.2M for the second quarter 2025 (Q2 2025), +6% from a year earlier and +3% from the quarter before. Operating margin was 33.3%, net earnings $4.1M (19.5% of revenue).
New England Realty Associates Limited Partnership, Q2 2025: revenue $21.2M (+6% year over year), operating margin 33.3%, net earnings $4.1M, operating cash flow $12.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $21.2M | +3% | +6% |
| Operating profit | $7.1M | +13% | +8% |
| Net earnings | $4.1M | +9% | +2% |
| Operating cash flow | $12.5M | +129% | +134% |
| Free cash flow | $4.9M | +69% | +48% |
What changed
Revenue was $21.2M in Q2 2025, up 6% year over year and up 3% from the previous quarter.
Operating profit was $7.1M, a 33.3% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 44% reached operating profit, above the 33% margin then. Total costs grew 5% against revenue growth of 6%. Net earnings were $4.1M, up 2% year over year. The effective tax rate was 0.0%.
Operating cash flow was $12.5M (up 134% year over year), 302% of net earnings. Non-cash charges added back $4.5M of depreciation and amortization. Working capital and other items added $3.9M. Capital expenditures of $7.7M left free cash flow of $4.9M.
Questions
What was New England Realty Associates Limited Partnership's revenue in the second quarter 2025?
New England Realty Associates Limited Partnership (NEN) reported revenue of $21.2M for the second quarter 2025 (Q2 2025), +6% from a year earlier and +3% from the quarter before.
Was New England Realty Associates Limited Partnership profitable in the second quarter 2025?
Operating profit was $7.1M (33.3% of revenue) and net earnings $4.1M.
Source: New England Realty Associates Limited Partnership 10-Q on SEC EDGAR.