Filing Flows › Site Centers (SITC) › Q4 2025
Site Centers (SITC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Site Centers (SITC) reported revenue of $20.5M for the fourth quarter 2025 (Q4 2025), -41% from a year earlier and -25% from the quarter before. Operating margin was 653.5%, net earnings $134M (657.2% of revenue).
Site Centers, Q4 2025: revenue $20.5M (-41% year over year), operating margin 653.5%, net earnings $134M, operating cash flow −$8.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.5M | -25% | -41% |
| Operating profit | $134M | — | — |
| Net earnings | $134M | — | — |
| Operating cash flow | −$8.5M | -264% | — |
What changed
Revenue was $20.5M in Q4 2025, down 41% year over year and down 25% from the previous quarter.
Operating profit was $133.7M, a 653.5% margin (up 670.1 points year over year). Net earnings were $134.4M. The effective tax rate was -0.6%.
Operating cash flow was −$8.5M. Non-cash charges added back $7.9M of depreciation and amortization and $348K of share-based compensation. Working capital and other items used $151.1M. Capital expenditures of $3.0M exceeded it, leaving free cash flow of −$11.5M.
Questions
What was Site Centers' revenue in the fourth quarter 2025?
Site Centers (SITC) reported revenue of $20.5M for the fourth quarter 2025 (Q4 2025), -41% from a year earlier and -25% from the quarter before.
Was Site Centers profitable in the fourth quarter 2025?
Operating profit was $134M (653.5% of revenue) and net earnings $134M.
Source: Site Centers 10-K on SEC EDGAR.