Filing Flows › Transcontinental Realty Investors (TCI) › Q2 2025
Transcontinental Realty Investors (TCI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Transcontinental Realty Investors (TCI) reported revenue of $12.2M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +1% from the quarter before. Operating margin was -6.8%, net earnings $324K (2.7% of revenue).
Transcontinental Realty Investors, Q2 2025: revenue $12.2M (+3% year over year), operating margin -6.8%, net earnings $324K, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.2M | +1% | +3% |
| Operating profit | −$825K | — | — |
| Net earnings | $324K | -93% | — |
| Operating cash flow | −$2.9M | — | — |
What changed
Revenue was $12.2M in Q2 2025, up 3% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $825K, an operating margin of -6.8%. Total costs grew 1% against revenue growth of 3%. Net earnings were $169K, down 89% year over year. The effective tax rate was 86.3%. Non-operating items added $3.2M, 135% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.9M. Non-cash charges added back $3.1M of depreciation and amortization. Working capital and other items used $6.3M. Capital expenditures of $26.9M exceeded it, leaving free cash flow of −$29.8M.
Questions
What was Transcontinental Realty Investors' revenue in the second quarter 2025?
Transcontinental Realty Investors (TCI) reported revenue of $12.2M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +1% from the quarter before.
Was Transcontinental Realty Investors profitable in the second quarter 2025?
Operating loss was $825K (-6.8% of revenue) and net earnings $324K.
Source: Transcontinental Realty Investors 10-Q on SEC EDGAR.