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How Phillips Edison & Company (PECO) makes money

Phillips Edison & Company (PECO) made $193M of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Of every dollar of revenue, 36¢ was left as operating profit, 32¢ was left as net earnings.

Drawing the Sankey…

Phillips Edison & Company revenue by quarterPhillips Edison & Company revenue by quarter$178MQ1 2025$178MQ2 2025$183MQ3 2025$188MQ4 2025$191MQ1 2026$190MQ2 2026$193MQ3 2026
Phillips Edison & Company: where each dollar of revenue goesPhillips Edison & Company: where each dollar of revenue goesOperating profit36¢Income tax0¢Net earnings32¢Operating cash flow44¢Free cash flow25¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$193M100.0%
Operating profit$68.8M35.6%
Income tax$200K0.1%
Net earnings$62.7M32.5%
Operating cash flow$85.5M44.3%
Free cash flow$48.1M24.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$193M+6%
Q2 2026$190M+7%
Q1 2026$191M+7%
Q4 2025$188M+9%
Q3 2025$183M+10%
Q2 2025$178M+10%
Q1 2025$178M+10%

From Phillips Edison & Company's 10-Q filed Oct 27, 2026 (on EDGAR).

Questions

How does Phillips Edison & Company make money?

Phillips Edison & Company (PECO) made $193M of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Of every dollar of revenue, 36¢ was left as operating profit, 32¢ was left as net earnings.

What is Phillips Edison & Company's profit margin?

Net earnings were $62.7M, 32.5% of revenue, in the third quarter 2026; the operating margin was 35.6%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.