Filing Flows › Power REIT (PW) › Q3 2025
Power REIT (PW) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 24, 2025
Power REIT (PW) reported revenue of $513K for the third quarter 2025 (Q3 2025), -64% from a year earlier and +1% from the quarter before. Operating margin was -39.0%, net earnings $224K (43.6% of revenue).
Power REIT, Q3 2025: revenue $513K (-64% year over year), operating margin -39.0%, net earnings $224K, operating cash flow $476K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $513K | +1% | -64% |
| Operating profit | −$200K | — | — |
| Net earnings | $224K | -30% | — |
| Operating cash flow | $476K | — | — |
What changed
Revenue was $513K in Q3 2025, down 64% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $200K, an operating margin of -39.0%. Total costs fell 66% while revenue fell 64%. Net earnings were $224K. The effective tax rate was 0.0%. Non-operating items added $424K, 190% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $476K, 213% of net earnings. Non-cash charges added back $71K of depreciation and amortization and $48K of share-based compensation. Working capital and other items added $134K.
Questions
What was Power REIT's revenue in the third quarter 2025?
Power REIT (PW) reported revenue of $513K for the third quarter 2025 (Q3 2025), -64% from a year earlier and +1% from the quarter before.
Was Power REIT profitable in the third quarter 2025?
Operating loss was $200K (-39.0% of revenue) and net earnings $224K.
Source: Power REIT 10-Q on SEC EDGAR.