Filing Flows › Pershing Square (PS) › Q2 2026 › vs Q1 2026
Pershing Square (PS) Q2 2026 vs Q1 2026 (quarter over quarter)
Pershing Square's revenue fell $3.3M (-6%) from $57.5M in Q1 2026 to $54.2M in Q2 2026.
Pershing Square, Q2 2026: revenue $54.2M (+2% year over year), operating margin -166.4%, net loss $40.5M, operating cash flow $25.4M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $54.2M | $57.5M | −$3.3M | -6% |
| Other income, net | $40.3M | −$163M | $203M | — |
| Income tax benefit | $9.3M | −$857K | $10.1M | — |
| Net loss | $40.5M | $159M | −$118M | -74% |
| Costs & expenses | $144M | $216M | −$71.7M | -33% |
| Operating costs | $144M | $52.4M | $91.9M | +175% |
| General & admin | $12.1M | $16.0M | −$3.9M | -25% |
| Other operating costs | $132M | $36.4M | $95.8M | +263% |
| Operating cash sources | $66.0M | $246M | −$180M | -73% |
| Depreciation & amortization | $569K | $579K | −$11K | -2% |
| Working capital & other | $65.4M | $246M | −$180M | -73% |
| Net loss absorbed | $40.5M | $159M | −$118M | -74% |
| Operating cash flow | $25.4M | $87.9M | −$62.5M | -71% |
Questions
How much did Pershing Square's revenue grow quarter over quarter in Q2 2026?
Pershing Square's revenue fell $3.3M (-6%) from $57.5M in Q1 2026 to $54.2M in Q2 2026.