Filing Flows › Terra Property Trust (TPTS) › Q2 2026
Terra Property Trust (TPTS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Terra Property Trust (TPTS) reported revenue of $4.6M for the second quarter 2026 (Q2 2026), -47% from a year earlier and +43% from the quarter before. Operating margin was -82.9%, net loss $3.9M (86.0% of revenue).
Terra Property Trust, Q2 2026: revenue $4.6M (-47% year over year), operating margin -82.9%, net loss $3.9M, operating cash flow $373K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.6M | +43% | -47% |
| Operating profit | −$3.8M | — | — |
| Net earnings | −$3.9M | — | — |
| Operating cash flow | $373K | — | -68% |
What changed
Revenue was $4.6M in Q2 2026, down 47% year over year and up 43% from the previous quarter.
Operating costs exceeded revenue by $3.8M, an operating margin of -82.9%. Total costs fell 24% while revenue fell 47%. The quarter ended with a net loss of $3.9M, narrower than the previous quarter's $15.0M loss.
Operating cash flow was $373K (down 68% year over year). Non-cash charges added back $631K of depreciation and amortization. Working capital and other items added $3.7M.
Questions
What was Terra Property Trust's revenue in the second quarter 2026?
Terra Property Trust (TPTS) reported revenue of $4.6M for the second quarter 2026 (Q2 2026), -47% from a year earlier and +43% from the quarter before.
Was Terra Property Trust profitable in the second quarter 2026?
Operating loss was $3.8M (-82.9% of revenue) and net loss $3.9M.