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Filing Flows › Phillips Edison & Company (PECO) › Q3 2026 › vs Q3 2025

Phillips Edison & Company (PECO) Q3 2026 vs Q3 2025 (year over year)

Phillips Edison & Company's revenue rose $10.4M (+6%) from $183M in Q3 2025 to $193M in Q3 2026. Operating margin 35.6% against 15.0% (+20.6 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 Q3 2025, the increases inside each band.

Phillips Edison & Company: what changed, Q3 2026 vs Q3 2025Phillips Edison & Company: what changed, Q3 2026 vs Q3 2025Working capital & other$51.5MOperating profit$41.4MPre-tax earnings$41.4MNet earnings$38.0MCosts & expenses−$31.0MOther operating costs−$30.1MFree cash flow (OCF − capex)−$11.0MOperating cash flow−$10.0MMinority interests$3.4MDepreciation & amortization$3.3M

Margins

Q3 2026Q3 2025Change
Operating margin35.6%15.0%+20.6 pts
Net margin32.5%13.5%+18.9 pts
Free cash flow margin24.9%32.3%-7.4 pts

Every line

LineQ3 2026Q3 2025Change%
Revenue$193M$183M$10.4M+6%
Operating profit$68.8M$27.4M$41.4M+151%
Costs & expenses$124M$155M−$31.0M-20%
Pre-tax earnings$68.8M$27.4M$41.4M+151%
General & admin$11.9M$12.8M−$846K-7%
Other operating costs$112M$142M−$30.1M-21%
Net earnings$62.7M$24.7M$38.0M+154%
Minority interests$5.9M$2.5M$3.4M+134%
Income tax$200K$200K$00%
Depreciation & amortization$68.9M$65.6M$3.3M+5%
Share-based compensation$3.5M$3.2M$327K+10%
Working capital & other$49.6M−$2.0M$51.5M—
Operating cash flow$85.5M$95.4M−$10.0M-10%
Free cash flow (OCF − capex)$48.1M$59.1M−$11.0M-19%
Capital expenditures$37.4M$36.4M$1.0M+3%

Questions

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

Phillips Edison & Company's revenue rose $10.4M (+6%) from $183M in Q3 2025 to $193M in Q3 2026. Operating margin 35.6% against 15.0% (+20.6 pts).

Q3 2026 results → · Compare in the interactive Sankey →