Filing Flows › Tanger (SKT) › Q2 2026
Tanger (SKT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Tanger (SKT) reported revenue of $156M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +4% from the quarter before. Operating margin was 19.7%, net earnings $33.2M (21.3% of revenue).
Tanger, Q2 2026: revenue $156M (+11% year over year), operating margin 19.7%, net earnings $33.2M, operating cash flow $93.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $156M | +4% | +11% |
| Operating profit | $30.8M | +18% | +9% |
| Net earnings | $33.2M | +18% | +10% |
| Operating cash flow | $93.5M | +157% | +14% |
| Free cash flow | $73.2M | +372% | +13% |
What changed
Revenue was $156.4M in Q2 2026, up 11% year over year and up 4% from the previous quarter.
Operating profit was $30.8M, a 19.7% margin (down 0.4 points year over year). Of the extra revenue versus Q2 2025, 16% reached operating profit, below the 20% margin then. Total costs grew 12% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were $33.2M, up 10% year over year. The effective tax rate was -12.5%.
Operating cash flow was $93.5M (up 14% year over year), 270% of net income including minority interests. Non-cash charges added back $42.0M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items added $13.3M. Capital expenditures of $20.2M left free cash flow of $73.2M.
Questions
What was Tanger's revenue in the second quarter 2026?
Tanger (SKT) reported revenue of $156M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +4% from the quarter before.
Was Tanger profitable in the second quarter 2026?
Operating profit was $30.8M (19.7% of revenue) and net earnings $33.2M.
Source: Tanger 10-Q on SEC EDGAR.