Filing Flows › Presidio Property Trust (SQFT) › Q1 2026
Presidio Property Trust (SQFT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Presidio Property Trust (SQFT) reported revenue of $3.8M for the first quarter 2026 (Q1 2026), -9% from a year earlier and -8% from the quarter before. Operating margin was 59.1%, net earnings $441K (11.7% of revenue).
Presidio Property Trust, Q1 2026: revenue $3.8M (-8% year over year), operating margin 59.1%, net earnings $441K, operating cash flow −$957K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.8M | -8% | -9% |
| Operating profit | $2.2M | -13% | -11% |
| Net earnings | $441K | — | -81% |
| Operating cash flow | −$957K | -220% | — |
What changed
Revenue was $3.8M in Q1 2026, down 9% year over year and down 8% from the previous quarter.
Operating profit was $2.2M, a 59.1% margin (down 1.8 points year over year). Total costs fell 4% while revenue fell 9%. Net earnings were $441K, down 81% year over year. The effective tax rate was 3.1%.
Operating cash flow was −$1.0M. Non-cash charges added back $1.0M of depreciation and amortization and $192K of share-based compensation. Working capital and other items used $2.7M.
Questions
What was Presidio Property Trust's revenue in the first quarter 2026?
Presidio Property Trust (SQFT) reported revenue of $3.8M for the first quarter 2026 (Q1 2026), -9% from a year earlier and -8% from the quarter before.
Was Presidio Property Trust profitable in the first quarter 2026?
Operating profit was $2.2M (59.1% of revenue) and net earnings $441K.