Filing Flows › NewLake Capital Partners (NLCP) › Q3 2026 › vs Q3 2025
NewLake Capital Partners (NLCP) Q3 2026 vs Q3 2025 (year over year)
NewLake Capital Partners's revenue fell $563K (-4%) from $12.6M in Q3 2025 to $12.0M in Q3 2026. Operating margin 36.1% against 54.9% (-18.9 pts).
NewLake Capital Partners, Q3 2026: revenue $12.0M (-4% year over year), operating margin 36.1%, net earnings $4.2M, operating cash flow $9.6M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 36.1% | 54.9% | -18.9 pts |
| Net margin | 34.7% | 53.0% | -18.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $12.0M | $12.6M | −$563K | -4% |
| Operating profit | $4.3M | $6.9M | −$2.6M | -37% |
| Costs & expenses | $7.7M | $5.7M | $2.0M | +36% |
| Pre-tax earnings | $4.2M | $6.8M | −$2.5M | -37% |
| Other expense, net | $90K | $135K | −$45K | -33% |
| General & admin | $1.6M | $1.6M | $30K | +2% |
| Other operating costs | $6.0M | $4.1M | $2.0M | +49% |
| Net earnings | $4.2M | $6.7M | −$2.5M | -37% |
| Minority interests | $72K | $115K | −$43K | -37% |
| Depreciation & amortization | $5.7M | $3.9M | $1.8M | +48% |
| Share-based compensation | $324K | $316K | $8K | +3% |
| Working capital & other | $632K | $116K | $516K | +445% |
| Operating cash flow | $9.6M | $10.7M | −$1.1M | -11% |
Questions
How much did NewLake Capital Partners's revenue grow year over year in Q3 2026?
NewLake Capital Partners's revenue fell $563K (-4%) from $12.6M in Q3 2025 to $12.0M in Q3 2026. Operating margin 36.1% against 54.9% (-18.9 pts).