Filing Flows › Phillips Edison & Company (PECO) › Q3 2026
Phillips Edison & Company (PECO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 27, 2026
Phillips Edison & Company (PECO) reported revenue of $193M for the third quarter 2026 (Q3 2026), +6% from a year earlier and +2% from the quarter before. Operating margin was 35.6%, net earnings $62.7M (32.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $193M | +2% | +6% |
| Operating profit | $68.8M | +51% | +151% |
| Net earnings | $62.7M | +52% | +154% |
| Operating cash flow | $85.5M | -28% | -10% |
| Free cash flow | $48.1M | -49% | -19% |
What changed
Revenue was $193.1M in Q3 2026, up 6% year over year and up 2% from the previous quarter.
Operating profit was $68.8M, a 35.6% margin (up 20.6 points year over year). Of the extra revenue versus Q3 2025, 397% reached operating profit, above the 15% margin then. Total costs fell 20% while revenue rose 6%. Net earnings were $62.7M, up 154% year over year. The effective tax rate was 0.3%.
Operating cash flow was $85.5M (down 10% year over year), 125% of net income including minority interests. Non-cash charges added back $68.9M of depreciation and amortization and $3.5M of share-based compensation. Working capital and other items used $55.5M. Capital expenditures of $37.4M left free cash flow of $48.1M.
Questions
What was Phillips Edison & Company's revenue in the third quarter 2026?
Phillips Edison & Company (PECO) reported revenue of $193M for the third quarter 2026 (Q3 2026), +6% from a year earlier and +2% from the quarter before.
Was Phillips Edison & Company profitable in the third quarter 2026?
Operating profit was $68.8M (35.6% of revenue) and net earnings $62.7M.