Filing Flows › Urban Edge Properties (UE) › Q3 2025
Urban Edge Properties (UE) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
Urban Edge Properties (UE) reported revenue of $120M for the third quarter 2025 (Q3 2025), +7% from a year earlier and +5% from the quarter before. Operating margin was 13.4%, net earnings $14.9M (12.4% of revenue).
Urban Edge Properties, Q3 2025: revenue $120M (+7% year over year), operating margin 13.4%, net earnings $14.9M, operating cash flow $55.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $120M | +5% | +7% |
| Operating profit | $16.1M | -74% | +62% |
| Net earnings | $14.9M | -74% | +64% |
| Operating cash flow | $55.7M | +28% | +52% |
| Free cash flow | $26.1M | +33% | +115% |
What changed
Revenue was $120.1M in Q3 2025, up 7% year over year and up 5% from the previous quarter. Rental Revenue was the largest line at 99% of revenue. Rental Revenue added $6.9M year over year (up 6%), 90% of the total change.
Operating profit was $16.1M, a 13.4% margin (up 4.6 points year over year). Of the extra revenue versus a year earlier, 80% reached operating profit, above the 9% margin then. Total costs grew 2% against revenue growth of 7%. Net earnings were $14.9M, up 64% year over year. The effective tax rate was 3.7%.
Operating cash flow was $55.7M (up 52% year over year), 358% of net income including minority interests. Non-cash charges added back $38.3M of depreciation and amortization and $2.7M of share-based compensation. Capital expenditures of $29.6M left free cash flow of $26.1M.
Questions
What was Urban Edge Properties' revenue in the third quarter 2025?
Urban Edge Properties (UE) reported revenue of $120M for the third quarter 2025 (Q3 2025), +7% from a year earlier and +5% from the quarter before.
Was Urban Edge Properties profitable in the third quarter 2025?
Operating profit was $16.1M (13.4% of revenue) and net earnings $14.9M.