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Filing Flows › Phillips Edison & Company (PECO) › Q3 2026 › vs Q2 2026

Phillips Edison & Company (PECO) Q3 2026 vs Q2 2026 (quarter over quarter)

Phillips Edison & Company's revenue rose $3.5M (+2%) from $190M in Q2 2026 to $193M in Q3 2026. Operating margin 35.6% against 24.0% (+11.7 pts).

Phillips Edison & Company, Q3 2026: revenue $193M (+6% year over year), operating margin 35.6%, net earnings $62.7M, operating cash flow $85.5M. The chart draws each line against Q2 2026, the increases inside each band.

Phillips Edison & Company: what changed, Q3 2026 vs Q2 2026Phillips Edison & Company: what changed, Q3 2026 vs Q2 2026Working capital & other$56.1MFree cash flow (OCF − capex)−$45.9MOperating cash flow−$32.6MOperating profit$23.4MPre-tax earnings$23.4MNet earnings$21.6MCosts & expenses−$19.9MOther operating costs−$18.2MCapital expenditures$13.4MDepreciation & amortization$2.0M

Margins

Q3 2026Q2 2026Change
Operating margin35.6%24.0%+11.7 pts
Net margin32.5%21.7%+10.8 pts
Free cash flow margin24.9%49.6%-24.7 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$193M$190M$3.5M+2%
Operating profit$68.8M$45.5M$23.4M+51%
Costs & expenses$124M$144M−$19.9M-14%
Pre-tax earnings$68.8M$45.5M$23.4M+51%
General & admin$11.9M$13.6M−$1.7M-12%
Other operating costs$112M$131M−$18.2M-14%
Net earnings$62.7M$41.1M$21.6M+52%
Minority interests$5.9M$4.1M$1.8M+44%
Income tax$200K$200K$00%
Depreciation & amortization$68.9M$66.8M$2.0M+3%
Share-based compensation$3.5M$3.6M−$74K-2%
Working capital & other$49.6M−$6.5M$56.1M—
Operating cash flow$85.5M$118M−$32.6M-28%
Free cash flow (OCF − capex)$48.1M$94.0M−$45.9M-49%
Capital expenditures$37.4M$24.0M$13.4M+56%

Questions

How much did Phillips Edison & Company's revenue grow quarter over quarter in Q3 2026?

Phillips Edison & Company's revenue rose $3.5M (+2%) from $190M in Q2 2026 to $193M in Q3 2026. Operating margin 35.6% against 24.0% (+11.7 pts).

Q3 2026 results → · Compare in the interactive Sankey →