Filing Flows › Urban Edge Properties (UE) › Q4 2025
Urban Edge Properties (UE) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 11, 2026
Urban Edge Properties (UE) reported revenue of $120M for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and -0.5% from the quarter before. Operating margin was 11.3%, net earnings $12.4M (10.4% of revenue).
Urban Edge Properties, Q4 2025: revenue $120M (+3% year over year), operating margin 11.3%, net earnings $12.4M, operating cash flow $51.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $120M | -0.5% | +3% |
| Operating profit | $13.5M | -16% | -58% |
| Net earnings | $12.4M | -17% | -59% |
| Operating cash flow | $51.0M | -8% | -3% |
| Free cash flow | $24.2M | -7% | +210% |
What changed
Revenue was $119.6M in Q4 2025, up 3% year over year and roughly flat from the previous quarter. Rental revenue was the largest line at 100% of revenue.
Operating profit was $13.5M, a 11.3% margin (down 16.3 points year over year). Operating profit fell $18.6M even though revenue rose $3.2M versus Q4 2024, so costs grew faster than sales. Total costs grew 26% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+29%). Net earnings were $12.4M, down 59% year over year. The effective tax rate was 5.5%.
Operating cash flow was $51.0M (down 3% year over year), 399% of net income including minority interests. Non-cash charges added back $28.4M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $7.0M. Capital expenditures of $26.8M left free cash flow of $24.2M.
Questions
What was Urban Edge Properties' revenue in the fourth quarter 2025?
Urban Edge Properties (UE) reported revenue of $120M for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and -0.5% from the quarter before.
Was Urban Edge Properties profitable in the fourth quarter 2025?
Operating profit was $13.5M (11.3% of revenue) and net earnings $12.4M.