Filing Flows › Belpointe Prep, LLC (OZ) › Q3 2026
Belpointe Prep, LLC (OZ) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Belpointe Prep, LLC (OZ) reported revenue of $6.3M for the third quarter 2026 (Q3 2026), +166% from a year earlier and +18% from the quarter before. Operating margin was -137.7%, net loss $8.7M (137.7% of revenue).
Belpointe Prep, LLC, Q3 2026: revenue $6.3M (+166% year over year), operating margin -137.7%, net loss $8.7M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.3M | +18% | +166% |
| Operating profit | −$8.7M | — | — |
| Net earnings | −$8.7M | — | — |
| Operating cash flow | −$1.9M | — | — |
What changed
Revenue was $6.3M in Q3 2026, up 166% year over year and up 18% from the previous quarter.
Operating costs exceeded revenue by $8.7M, an operating margin of -137.7%. Total costs grew 4% against revenue growth of 166%. The fastest-growing cost line was General & admin (+10%). The quarter ended with a net loss of $8.7M, narrower than the previous quarter's $9.3M loss. Minority interests bore $12K of it: to shareholders the quarter was a loss of $8.7M.
Operating cash flow was −$1.9M. Non-cash charges added back $3.8M of depreciation and amortization. Working capital and other items added $3.1M. Capital expenditures of $574K exceeded it, leaving free cash flow of −$2.4M.
Questions
What was Belpointe Prep, LLC's revenue in the third quarter 2026?
Belpointe Prep, LLC (OZ) reported revenue of $6.3M for the third quarter 2026 (Q3 2026), +166% from a year earlier and +18% from the quarter before.
Was Belpointe Prep, LLC profitable in the third quarter 2026?
Operating loss was $8.7M (-137.7% of revenue) and net loss $8.7M.