Filing Flows › Phillips Edison & Company (PECO) › Q2 2026 › vs Q1 2026
Phillips Edison & Company (PECO) Q2 2026 vs Q1 2026 (quarter over quarter)
Phillips Edison & Company's revenue fell $1.1M (-0.6%) from $191M in Q1 2026 to $190M in Q2 2026. Operating margin 24.0% against 17.5% (+6.4 pts).
Phillips Edison & Company, Q2 2026: revenue $190M (+7% year over year), operating margin 24.0%, net earnings $41.1M, operating cash flow $118M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 24.0% | 17.5% | +6.4 pts |
| Net margin | 21.7% | 15.9% | +5.8 pts |
| Free cash flow margin | 49.6% | 15.3% | +34.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $190M | $191M | −$1.1M | -0.6% |
| Operating profit | $45.5M | $33.4M | $12.0M | +36% |
| Costs & expenses | $144M | $157M | −$13.1M | -8% |
| Pre-tax earnings | $45.5M | $33.4M | $12.0M | +36% |
| General & admin | $13.6M | $11.9M | $1.6M | +14% |
| Other operating costs | $131M | $145M | −$14.8M | -10% |
| Net earnings | $41.1M | $30.4M | $10.7M | +35% |
| Minority interests | $4.1M | $2.9M | $1.3M | +44% |
| Income tax | $200K | $200K | $0 | 0% |
| Depreciation & amortization | $66.8M | $65.5M | $1.3M | +2% |
| Share-based compensation | $3.6M | $2.2M | $1.4M | +61% |
| Working capital & other | $6.5M | −$42.6M | $49.1M | — |
| Operating cash flow | $118M | $55.6M | $62.5M | +112% |
| Free cash flow (OCF − capex) | $94.0M | $29.1M | $64.9M | +223% |
| Capital expenditures | $24.0M | $26.5M | −$2.5M | -9% |
Questions
How much did Phillips Edison & Company's revenue grow quarter over quarter in Q2 2026?
Phillips Edison & Company's revenue fell $1.1M (-0.6%) from $191M in Q1 2026 to $190M in Q2 2026. Operating margin 24.0% against 17.5% (+6.4 pts).