Filing Flows › Regency Centers (REG) › Q2 2025
Regency Centers (REG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
Regency Centers (REG) reported revenue of $381M for the second quarter 2025 (Q2 2025), +7% from a year earlier and 0% from the quarter before. Operating margin was 73.8%, net earnings $106M (27.8% of revenue).
Regency Centers, Q2 2025: revenue $381M (+7% year over year), operating margin 73.8%, net earnings $106M, operating cash flow $244M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $381M | 0% | +7% |
| Operating profit | $281M | +3% | +9% |
| Net earnings | $106M | -3% | +3% |
| Operating cash flow | $244M | +52% | +20% |
| Free cash flow | $141M | +136% | +15% |
What changed
Revenue was $380.8M in Q2 2025, up 7% year over year and roughly flat from the previous quarter.
Operating profit was $280.9M, a 73.8% margin (up 1.4 points year over year). Of the extra revenue versus a year earlier, 96% reached operating profit, above the 72% margin then. Total costs grew 1% against revenue growth of 7%. Net earnings were $106.0M, up 3% year over year. The effective tax rate was -14.5%.
Operating cash flow was $244.0M (up 20% year over year), 225% of net income including minority interests. Non-cash charges added back $99.5M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items added $31.3M. Capital expenditures of $103.3M left free cash flow of $140.8M.
Questions
What was Regency Centers' revenue in the second quarter 2025?
Regency Centers (REG) reported revenue of $381M for the second quarter 2025 (Q2 2025), +7% from a year earlier and 0% from the quarter before.
Was Regency Centers profitable in the second quarter 2025?
Operating profit was $281M (73.8% of revenue) and net earnings $106M.
Source: Regency Centers 10-Q on SEC EDGAR.