Filing Flows › NewLake Capital Partners (NLCP) › Q2 2026 › vs Q2 2025
NewLake Capital Partners (NLCP) Q2 2026 vs Q2 2025 (year over year)
NewLake Capital Partners's revenue fell $845K (-7%) from $12.9M in Q2 2025 to $12.1M in Q2 2026. Operating margin 50.8% against 58.5% (-7.7 pts).
NewLake Capital Partners, Q2 2026: revenue $12.1M (-6% year over year), operating margin 50.8%, net earnings $5.9M, operating cash flow $10.5M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 50.8% | 58.5% | -7.7 pts |
| Net margin | 48.8% | 56.6% | -7.8 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $12.1M | $12.9M | −$845K | -7% |
| Operating profit | $6.1M | $7.6M | −$1.4M | -19% |
| Costs & expenses | $6.0M | $5.4M | $584K | +11% |
| Pre-tax earnings | $6.0M | $7.4M | −$1.4M | -19% |
| Other expense, net | $138K | $119K | $19K | +16% |
| General & admin | $1.9M | $1.4M | $491K | +35% |
| Other operating costs | $4.0M | $3.9M | $93K | +2% |
| Net earnings | $5.9M | $7.3M | −$1.4M | -19% |
| Minority interests | $101K | $126K | −$25K | -20% |
| Depreciation & amortization | $3.9M | $3.9M | −$13K | -0.3% |
| Share-based compensation | $348K | $46K | $302K | +657% |
| Working capital & other | $346K | $221K | $125K | +57% |
| Operating cash flow | $10.5M | $11.5M | −$1.0M | -9% |
Questions
How much did NewLake Capital Partners's revenue grow year over year in Q2 2026?
NewLake Capital Partners's revenue fell $845K (-7%) from $12.9M in Q2 2025 to $12.1M in Q2 2026. Operating margin 50.8% against 58.5% (-7.7 pts).