Filing Flows › Transcontinental Realty Investors (TCI) › Q1 2026
Transcontinental Realty Investors (TCI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Transcontinental Realty Investors (TCI) reported revenue of $12.3M for the first quarter 2026 (Q1 2026), +3% from a year earlier and +2% from the quarter before. Operating margin was -15.9%, net earnings $324K (2.6% of revenue).
Transcontinental Realty Investors, Q1 2026: revenue $12.3M (+3% year over year), operating margin -15.9%, net earnings $324K, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.3M | +2% | +3% |
| Operating profit | −$2.0M | — | — |
| Net earnings | $324K | -96% | -93% |
| Operating cash flow | −$2.9M | — | — |
What changed
Revenue was $12.3M in Q1 2026, up 3% year over year and up 2% from the previous quarter.
Operating costs exceeded revenue by $2.0M, an operating margin of -15.9%. Total costs grew 13% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+15%). Net earnings were $168K, down 96% year over year. Non-operating items added $1.9M, -1734% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.9M. Non-cash charges added back $3.6M of depreciation and amortization. Working capital and other items used $6.9M. Capital expenditures of $4.6M exceeded it, leaving free cash flow of −$7.6M.
Questions
What was Transcontinental Realty Investors' revenue in the first quarter 2026?
Transcontinental Realty Investors (TCI) reported revenue of $12.3M for the first quarter 2026 (Q1 2026), +3% from a year earlier and +2% from the quarter before.
Was Transcontinental Realty Investors profitable in the first quarter 2026?
Operating loss was $2.0M (-15.9% of revenue) and net earnings $324K.
Source: Transcontinental Realty Investors 10-Q on SEC EDGAR.