Filing Flows › Urban Edge Properties (UE) › Q2 2026
Urban Edge Properties (UE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Urban Edge Properties (UE) reported revenue of $123M for the second quarter 2026 (Q2 2026), +8% from a year earlier and -7% from the quarter before. Operating margin was 15.8%, net earnings $17.9M (14.6% of revenue).
Urban Edge Properties, Q2 2026: revenue $123M (+8% year over year), operating margin 15.8%, net earnings $17.9M, operating cash flow $66.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $123M | -7% | +8% |
| Operating profit | $19.4M | -19% | -68% |
| Net earnings | $17.9M | -21% | -69% |
| Operating cash flow | $66.7M | +70% | +54% |
| Free cash flow | $24.0M | — | +22% |
What changed
Revenue was $122.8M in Q2 2026, up 8% year over year and down 7% from the previous quarter.
Operating profit was $19.4M, a 15.8% margin (down 38.1 points year over year). Operating profit fell $42.0M even though revenue rose $8.7M versus Q2 2025, so costs grew faster than sales. Total costs grew 96% against revenue growth of 8%. The fastest-growing cost line was Other operating costs (+129%). Net earnings were $17.9M, down 69% year over year. The effective tax rate was 3.9%.
Operating cash flow was $66.7M (up 54% year over year), 358% of net income including minority interests. Non-cash charges added back $35.0M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items added $10.1M. Capital expenditures of $42.7M left free cash flow of $24.0M.
Questions
What was Urban Edge Properties' revenue in the second quarter 2026?
Urban Edge Properties (UE) reported revenue of $123M for the second quarter 2026 (Q2 2026), +8% from a year earlier and -7% from the quarter before.
Was Urban Edge Properties profitable in the second quarter 2026?
Operating profit was $19.4M (15.8% of revenue) and net earnings $17.9M.