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New England Realty Associates Limited Partnership (NEN) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 7, 2026

New England Realty Associates Limited Partnership (NEN) reported revenue of $24.4M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +1% from the quarter before. Operating margin was 16.6%, net loss $1.2M (4.8% of revenue).

Revenue$24.4M
Year over year+15%
Quarter over quarter+1%
Operating margin16.6%
Net earnings−$1.2M

New England Realty Associates Limited Partnership, Q2 2026: revenue $24.4M (+15% year over year), operating margin 16.6%, net loss $1.2M, operating cash flow $5.3M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$24.4M+1%+15%
Operating profit$4.0M+170%-43%
Net earnings−$1.2M—-128%
Operating cash flow$5.3M+128%-58%

What changed

Revenue was $24.4M in Q2 2026, up 15% year over year and up 1% from the previous quarter.

Operating profit was $4.0M, a 16.6% margin (down 16.7 points year over year). Operating profit fell $3.0M even though revenue rose $3.2M versus Q2 2025, so costs grew faster than sales. Total costs grew 44% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+44%). The quarter ended with a net loss of $1.2M, narrower than the previous quarter's $3.9M loss. Net interest and other expense of $5.2M was the main reason.

Operating cash flow was $5.3M (down 58% year over year). Non-cash charges added back $8.1M of depreciation and amortization. Working capital and other items used $1.7M.

Questions

What was New England Realty Associates Limited Partnership's revenue in the second quarter 2026?

New England Realty Associates Limited Partnership (NEN) reported revenue of $24.4M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +1% from the quarter before.

Was New England Realty Associates Limited Partnership profitable in the second quarter 2026?

Operating profit was $4.0M (16.6% of revenue) and net loss $1.2M.

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Source: New England Realty Associates Limited Partnership 10-Q on SEC EDGAR.