Filing Flows › Terra Property Trust (TPTS) › Q3 2026
Terra Property Trust (TPTS) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Terra Property Trust (TPTS) reported revenue of $2.8M for the third quarter 2026 (Q3 2026), -62% from a year earlier and -39% from the quarter before. Operating margin was -139.8%, net loss $10.0M (358.1% of revenue).
Terra Property Trust, Q3 2026: revenue $2.8M (-62% year over year), operating margin -139.8%, net loss $10.0M, operating cash flow −$4.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8M | -39% | -62% |
| Operating profit | −$3.9M | — | -900% |
| Net earnings | −$10.0M | — | — |
| Operating cash flow | −$4.0M | -1170% | — |
What changed
Revenue was $2.8M in Q3 2026, down 62% year over year and down 39% from the previous quarter.
Operating costs exceeded revenue by $3.9M, an operating margin of -139.8%. Total costs fell 1% while revenue fell 62%. The quarter ended with a net loss of $10.0M, wider than the previous quarter's $3.9M loss. Net interest and other expense of $6.5M was the main reason.
Operating cash flow was −$4.0M. Non-cash charges added back $436K of depreciation and amortization. Working capital and other items added $5.6M.
Questions
What was Terra Property Trust's revenue in the third quarter 2026?
Terra Property Trust (TPTS) reported revenue of $2.8M for the third quarter 2026 (Q3 2026), -62% from a year earlier and -39% from the quarter before.
Was Terra Property Trust profitable in the third quarter 2026?
Operating loss was $3.9M (-139.8% of revenue) and net loss $10.0M.