Filing Flows › Phillips Edison & Company (PECO) › Q2 2026 › vs Q2 2025
Phillips Edison & Company (PECO) Q2 2026 vs Q2 2025 (year over year)
Phillips Edison & Company's revenue rose $11.9M (+7%) from $178M in Q2 2025 to $190M in Q2 2026. Operating margin 24.0% against 8.1% (+15.8 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 24.0% | 8.1% | +15.8 pts |
| Net margin | 21.7% | 7.2% | +14.5 pts |
| Free cash flow margin | 49.6% | 35.5% | +14.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $190M | $178M | $11.9M | +7% |
| Operating profit | $45.5M | $14.5M | $31.0M | +215% |
| Costs & expenses | $144M | $163M | −$19.1M | -12% |
| Pre-tax earnings | $45.5M | $14.5M | $31.0M | +215% |
| General & admin | $13.6M | $12.9M | $653K | +5% |
| Other operating costs | $131M | $150M | −$19.8M | -13% |
| Net earnings | $41.1M | $12.8M | $28.3M | +222% |
| Minority interests | $4.1M | $1.5M | $2.7M | +182% |
| Income tax | $200K | $200K | $0 | 0% |
| Depreciation & amortization | $66.8M | $71.2M | −$4.4M | -6% |
| Share-based compensation | $3.6M | $3.2M | $409K | +13% |
| Working capital & other | $6.5M | $9.0M | −$2.5M | -28% |
| Operating cash flow | $118M | $96.1M | $21.9M | +23% |
| Free cash flow (OCF − capex) | $94.0M | $63.1M | $30.9M | +49% |
| Capital expenditures | $24.0M | $33.0M | −$9.0M | -27% |
Questions
How much did Phillips Edison & Company's revenue grow year over year in Q2 2026?
Phillips Edison & Company's revenue rose $11.9M (+7%) from $178M in Q2 2025 to $190M in Q2 2026. Operating margin 24.0% against 8.1% (+15.8 pts).