Filing Flows › Regency Centers (REG) › Q1 2026
Regency Centers (REG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
Regency Centers (REG) reported revenue of $412M for the first quarter 2026 (Q1 2026), +8% from a year earlier and +2% from the quarter before. Operating margin was 71.9%, net earnings $129M (31.2% of revenue).
Regency Centers, Q1 2026: revenue $412M (+8% year over year), operating margin 71.9%, net earnings $129M, operating cash flow $153M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $412M | +2% | +8% |
| Operating profit | $296M | +3% | +8% |
| Net earnings | $129M | -37% | +17% |
| Operating cash flow | $153M | -25% | -5% |
| Free cash flow | $47.7M | -37% | -20% |
What changed
Revenue was $412.5M in Q1 2026, up 8% year over year and up 2% from the previous quarter.
Operating profit was $296.4M, a 71.9% margin (unchanged year over year). Of the extra revenue versus Q1 2025, 72% reached operating profit, above the 72% margin then. Total costs grew 8% against revenue growth of 8%. The fastest-growing cost line was General & admin (+19%). Net earnings were $128.5M, up 17% year over year. The effective tax rate was -20.3%.
Operating cash flow was $152.7M (down 5% year over year), 115% of net income including minority interests. Non-cash charges added back $106.4M of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items used $91.8M. Capital expenditures of $105.1M left free cash flow of $47.7M.
Questions
What was Regency Centers' revenue in the first quarter 2026?
Regency Centers (REG) reported revenue of $412M for the first quarter 2026 (Q1 2026), +8% from a year earlier and +2% from the quarter before.
Was Regency Centers profitable in the first quarter 2026?
Operating profit was $296M (71.9% of revenue) and net earnings $129M.
Source: Regency Centers 10-Q on SEC EDGAR.