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Strawberry Fields REIT (STRW) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Strawberry Fields REIT (STRW) reported revenue of $40.0M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +0.2% from the quarter before. Operating margin was 53.7%, net earnings $2.2M (5.4% of revenue).

Revenue$40.0M
Year over year+6%
Quarter over quarter+0.2%
Operating margin53.7%
Net earnings$2.2M

Strawberry Fields REIT, Q2 2026: revenue $40.0M (+6% year over year), operating margin 53.7%, net earnings $2.2M, operating cash flow $24.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$40.0M+0.2%+6%
Operating profit$21.5M-3%+4%
Net earnings$2.2M-5%+10%
Operating cash flow$24.2M+39%-19%

What changed

Revenue was $40.0M in Q2 2026, up 6% year over year and roughly flat from the previous quarter.

Operating profit was $21.5M, a 53.7% margin (down 0.8 points year over year). Of the extra revenue versus Q2 2025, 40% reached operating profit, below the 54% margin then. Total costs grew 8% against revenue growth of 6%. The fastest-growing cost line was General & admin (+62%). Net earnings were $2.2M, up 10% year over year. The effective tax rate was 0.0%.

Operating cash flow was $24.2M (down 19% year over year), 271% of net income including minority interests. Non-cash charges added back $11.2M of depreciation and amortization and $175K of share-based compensation. Working capital and other items added $4.0M.

Questions

What was Strawberry Fields REIT's revenue in the second quarter 2026?

Strawberry Fields REIT (STRW) reported revenue of $40.0M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +0.2% from the quarter before.

Was Strawberry Fields REIT profitable in the second quarter 2026?

Operating profit was $21.5M (53.7% of revenue) and net earnings $2.2M.

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Source: Strawberry Fields REIT 10-Q on SEC EDGAR.