Filing Flows › Tanger (SKT) › Q2 2026 › vs Q1 2026
Tanger (SKT) Q2 2026 vs Q1 2026 (quarter over quarter)
Tanger's revenue rose $6.0M (+4%) from $150M in Q1 2026 to $156M in Q2 2026. Operating margin 19.7% against 17.3% (+2.4 pts).
Tanger, Q2 2026: revenue $156M (+11% year over year), operating margin 19.7%, net earnings $33.2M, operating cash flow $93.5M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 19.7% | 17.3% | +2.4 pts |
| Net margin | 21.3% | 18.8% | +2.5 pts |
| Free cash flow margin | 46.8% | 10.3% | +36.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $156M | $150M | $6.0M | +4% |
| Operating profit | $30.8M | $26.0M | $4.8M | +18% |
| Costs & expenses | $126M | $124M | $1.2M | +1% |
| Pre-tax earnings | $30.8M | $26.0M | $4.8M | +18% |
| General & admin | $20.5M | $20.1M | $399K | +2% |
| Other operating costs | $105M | $104M | $797K | +0.8% |
| Income tax benefit | $3.8M | $3.4M | $407K | +12% |
| Net earnings | $33.2M | $28.3M | $5.0M | +18% |
| Minority interests | $1.4M | $1.2M | $202K | +17% |
| Depreciation & amortization | $42.0M | $40.4M | $1.6M | +4% |
| Share-based compensation | $3.6M | $3.6M | −$17K | -0.5% |
| Working capital & other | $14.6M | −$35.9M | $50.5M | — |
| Operating cash flow | $93.5M | $36.3M | $57.1M | +157% |
| Free cash flow (OCF − capex) | $73.2M | $15.5M | $57.7M | +372% |
| Capital expenditures | $20.2M | $20.8M | −$623K | -3% |
Questions
How much did Tanger's revenue grow quarter over quarter in Q2 2026?
Tanger's revenue rose $6.0M (+4%) from $150M in Q1 2026 to $156M in Q2 2026. Operating margin 19.7% against 17.3% (+2.4 pts).