Filing Flows › Urban Edge Properties (UE) › Q2 2025
Urban Edge Properties (UE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Urban Edge Properties (UE) reported revenue of $114M for the second quarter 2025 (Q2 2025), +7% from a year earlier and -3% from the quarter before. Operating margin was 53.9%, net earnings $58.0M (50.8% of revenue).
Urban Edge Properties, Q2 2025: revenue $114M (+7% year over year), operating margin 53.9%, net earnings $58.0M, operating cash flow $43.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $114M | -3% | +7% |
| Operating profit | $61.4M | +583% | +89% |
| Net earnings | $58.0M | +607% | +88% |
| Operating cash flow | $43.5M | +33% | +5% |
| Free cash flow | $19.6M | +66% | -1% |
What changed
Revenue was $114.1M in Q2 2025, up 7% year over year and down 3% from the previous quarter. Rental Revenue was the largest line at 100% of revenue. Rental Revenue added $7.6M year over year (up 7%), 100% of the total change. Other income declined 9%.
Operating profit was $61.4M, a 53.9% margin (up 23.3 points year over year). Of the extra revenue versus a year earlier, 383% reached operating profit, above the 31% margin then. Total costs fell 29% while revenue rose 7%. The fastest-growing cost line was General & admin (+25%). Net earnings were $58.0M, up 88% year over year. The effective tax rate was 1.0%.
Operating cash flow was $43.5M (up 5% year over year), 71% of net income including minority interests. Non-cash charges added back $35.5M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items used $56.4M. Capital expenditures of $23.8M left free cash flow of $19.6M.
Questions
What was Urban Edge Properties' revenue in the second quarter 2025?
Urban Edge Properties (UE) reported revenue of $114M for the second quarter 2025 (Q2 2025), +7% from a year earlier and -3% from the quarter before.
Was Urban Edge Properties profitable in the second quarter 2025?
Operating profit was $61.4M (53.9% of revenue) and net earnings $58.0M.