Filing Flows › Stag Industrial (STAG) › Q3 2025
Stag Industrial (STAG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
Stag Industrial (STAG) reported revenue of $211M for the third quarter 2025 (Q3 2025), +11% from a year earlier and +2% from the quarter before. Operating margin was 38.0%, net earnings $48.6M (23.0% of revenue).
Stag Industrial, Q3 2025: revenue $211M (+11% year over year), operating margin 38.0%, net earnings $48.6M, operating cash flow $144M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $211M | +2% | +11% |
| Operating profit | $80.3M | +2% | +19% |
| Net earnings | $48.6M | -3% | +16% |
| Operating cash flow | $144M | +28% | +12% |
| Free cash flow | $95.5M | +53% | +10% |
What changed
Revenue was $211.1M in Q3 2025, up 11% year over year and up 2% from the previous quarter.
Operating profit was $80.3M, a 38.0% margin (up 2.5 points year over year). Of the extra revenue versus a year earlier, 62% reached operating profit, above the 35% margin then. Total costs grew 6% against revenue growth of 11%. Net earnings were $48.6M, up 16% year over year. The effective tax rate was 0.0%.
Operating cash flow was $143.5M (up 12% year over year), 289% of net income including minority interests. Non-cash charges added back $76.0M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items added $14.8M. Capital expenditures of $48.0M left free cash flow of $95.5M.
Questions
What was Stag Industrial's revenue in the third quarter 2025?
Stag Industrial (STAG) reported revenue of $211M for the third quarter 2025 (Q3 2025), +11% from a year earlier and +2% from the quarter before.
Was Stag Industrial profitable in the third quarter 2025?
Operating profit was $80.3M (38.0% of revenue) and net earnings $48.6M.
Source: Stag Industrial 10-Q on SEC EDGAR.