Filing Flows › Regency Centers (REG) › Q3 2025
Regency Centers (REG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Regency Centers (REG) reported revenue of $388M for the third quarter 2025 (Q3 2025), +8% from a year earlier and +2% from the quarter before. Operating margin was 72.7%, net earnings $109M (28.2% of revenue).
Regency Centers, Q3 2025: revenue $388M (+8% year over year), operating margin 72.7%, net earnings $109M, operating cash flow $219M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $388M | +2% | +8% |
| Operating profit | $282M | +0.3% | +8% |
| Net earnings | $109M | +3% | +8% |
| Operating cash flow | $219M | -10% | -4% |
| Free cash flow | $116M | -18% | -13% |
What changed
Revenue was $387.6M in Q3 2025, up 8% year over year and up 2% from the previous quarter.
Operating profit was $281.9M, a 72.7% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 76% reached operating profit, above the 72% margin then. Total costs grew 7% against revenue growth of 8%. Net earnings were $109.4M, up 8% year over year. The effective tax rate was -15.5%.
Operating cash flow was $218.7M (down 4% year over year), 194% of net income including minority interests. Non-cash charges added back $102.8M of depreciation and amortization and $5.0M of share-based compensation. Capital expenditures of $102.6M left free cash flow of $116.0M.
Questions
What was Regency Centers' revenue in the third quarter 2025?
Regency Centers (REG) reported revenue of $388M for the third quarter 2025 (Q3 2025), +8% from a year earlier and +2% from the quarter before.
Was Regency Centers profitable in the third quarter 2025?
Operating profit was $282M (72.7% of revenue) and net earnings $109M.
Source: Regency Centers 10-Q on SEC EDGAR.