Q3 2026 Revenue up 3% year over year to $64.5M · 18¢ of every $1 of revenue lost · operating margin 9.9%
NexPoint Residential Trust made $64.5M in Q3 2026 (+3% Y/Y). Operating margin 9.9%, net loss $11.5M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.
Revenue$64.5M
Year over year+3%
Operating margin9.9%
Net earnings−$11.5M
Operating cash flow$20.5M
Drawing the Sankey…
Open the interactive Sankey →click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $64.5M in Q3 2026, up 3% year over year and roughly flat from the previous quarter.
Operating profit was $6.4M, a 9.9% margin (down 1.9 points year over year). Operating profit fell $1.1M even though revenue rose $1.6M versus Q3 2025, so costs grew faster than sales. Total costs grew 5% against revenue growth of 3%. The quarter ended with a net loss of $11.5M, wider than the previous quarter's $8.6M loss. Net interest and other expense of $17.9M was the main reason.
Operating cash flow was $20.5M (down 30% year over year). Non-cash charges added back $23.2M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $6.0M. Capital expenditures of $11.5M left free cash flow of $9.0M.
Quarterly history
Quarter
Form
Filed
Revenue
Y/Y
Op. margin
Net earnings
Op. cash flow
Q3 2026
10-Q
Nov 4, 2026
$64.5M
+3%
9.9%
−$11.5M
$20.5M
Q2 2026
10-Q
Aug 5, 2026
$64.6M
+2%
10.9%
−$8.6M
$24.4M
Q1 2026
10-Q
Apr 29, 2026
$63.5M
+0.5%
13.4%
−$6.8M
$23.3M
Q4 2025
10-K
Feb 26, 2026
$62.1M
-3%
8.4%
−$10.3M
$6.1M
Q3 2025
10-Q
Oct 29, 2025
$62.8M
-2%
11.8%
−$7.8M
$29.3M
Q2 2025
10-Q
Jul 30, 2025
$63.1M
-2%
12.5%
−$7.1M
$19.9M
Q1 2025
10-Q
May 2, 2025
$63.2M
-6%
11.7%
−$6.9M
$28.3M
Charts
Latest (Q3 2026): Y/Y +3%, Q/Q 0%.From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.Latest (Q3 2026): Net income −$11.5M, Operating cash flow $20.5M.+0.6% since FY2020: more shares outstanding (issuance, stock pay).Real Estate Investment Trusts; dot size is quarterly revenue; dashed lines are the industry's medians.
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
NexPoint Residential Trust, Inc. is a publicly traded real estate investment trust (“REIT”), with its common stock listed on the New York Stock Exchange and NYSE Texas, Inc. under the symbol “NXRT,” primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with “value-add” potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience. Our filings
In its own words, from its 8-K, filed Aug 4, 2026.
NexPoint Residential Trust against its Real Estate Investment Trusts peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +3% against the peers' median +11%. Operating margin: 9.9% against the peers' median 15.9%.