Filing Flows › Stag Industrial (STAG) › Q1 2026
Stag Industrial (STAG) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 28, 2026
Stag Industrial (STAG) reported revenue of $224M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +1% from the quarter before. Operating margin was 37.5%, net earnings $62.0M (27.7% of revenue).
Stag Industrial, Q1 2026: revenue $224M (+9% year over year), operating margin 37.5%, net earnings $62.0M, operating cash flow $117M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $224M | +1% | +9% |
| Operating profit | $84.0M | +0.5% | +13% |
| Net earnings | $62.0M | -26% | -32% |
| Operating cash flow | $117M | +12% | +13% |
| Free cash flow | $76.1M | +74% | +33% |
What changed
Revenue was $224.2M in Q1 2026, up 9% year over year and up 1% from the previous quarter.
Operating profit was $84.0M, a 37.5% margin (up 1.4 points year over year). Of the extra revenue versus Q1 2025, 53% reached operating profit, above the 36% margin then. Total costs grew 7% against revenue growth of 9%. Net earnings were $62.0M, down 32% year over year. The effective tax rate was 0.0%.
Operating cash flow was $117.4M (up 13% year over year), 185% of net income including minority interests. Non-cash charges added back $78.6M of depreciation and amortization and $3.5M of share-based compensation. Working capital and other items used $27.9M. Capital expenditures of $41.3M left free cash flow of $76.1M.
Questions
What was Stag Industrial's revenue in the first quarter 2026?
Stag Industrial (STAG) reported revenue of $224M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +1% from the quarter before.
Was Stag Industrial profitable in the first quarter 2026?
Operating profit was $84.0M (37.5% of revenue) and net earnings $62.0M.
Source: Stag Industrial 10-Q on SEC EDGAR.