Filing Flows › ERP Operating Ltd Partnership (VRMK) › Q3 2026
ERP Operating Ltd Partnership (VRMK) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
ERP Operating Ltd Partnership (VRMK) reported revenue of $1.2B for the third quarter 2026 (Q3 2026), +56% from a year earlier. Operating margin was -72.4%, net loss $747M (62.5% of revenue).
ERP Operating Ltd Partnership, Q3 2026: revenue $1.2B (+56% year over year), operating margin -72.4%, net loss $747M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | — | +56% |
| Operating profit | −$865M | -510% | -510% |
| Net earnings | −$747M | -358% | -358% |
What changed
Revenue was $1.2B in Q3 2026, up 56% year over year.
Operating costs exceeded revenue by $0.87B, an operating margin of -72.4%. Total costs grew 235% against revenue growth of 56%. The fastest-growing cost line was General & admin (+436%). The quarter ended with a net loss of $0.75B. Minority interests bore $0.01B of it: to shareholders the quarter was a loss of $0.74B.
Questions
What was ERP Operating Ltd Partnership's revenue in the third quarter 2026?
ERP Operating Ltd Partnership (VRMK) reported revenue of $1.2B for the third quarter 2026 (Q3 2026), +56% from a year earlier.
Was ERP Operating Ltd Partnership profitable in the third quarter 2026?
Operating loss was $865M (-72.4% of revenue) and net loss $747M.