Filing Flows › Wheeler Real Estate Investment Trust (WHLR) › Q2 2026 › vs Q2 2025
Wheeler Real Estate Investment Trust (WHLR) Q2 2026 vs Q2 2025 (year over year)
Wheeler Real Estate Investment Trust's revenue fell $3.6M (-14%) from $26.1M in Q2 2025 to $22.5M in Q2 2026. Operating margin 46.8% against 57.3% (-10.5 pts).
Wheeler Real Estate Investment Trust, Q2 2026: revenue $22.5M (-14% year over year), operating margin 46.8%, net earnings $8.6M, operating cash flow $8.0M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 46.8% | 57.3% | -10.5 pts |
| Net margin | 38.4% | -9.4% | +47.8 pts |
| Free cash flow margin | 24.9% | 11.1% | +13.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $22.5M | $26.1M | −$3.6M | -14% |
| Operating profit | $10.5M | $15.0M | −$4.4M | -30% |
| Costs & expenses | $12.0M | $11.1M | $821K | +7% |
| Pre-tax earnings | $9.7M | −$1.0M | $10.7M | — |
| Other expense, net | $760K | $16.0M | −$15.2M | -95% |
| General & admin | $3.3M | $2.8M | $506K | +18% |
| Other operating costs | $8.6M | $8.3M | $315K | +4% |
| Net earnings | $8.6M | −$2.4M | $11.1M | — |
| Minority interests | $1.1M | $1.4M | −$340K | -23% |
| Income tax | $2K | $0 | $2K | — |
| Depreciation & amortization | $5.1M | $5.8M | −$689K | -12% |
| Working capital & other | $5.7M | −$5.6M | $11.3M | — |
| Operating cash flow | $8.0M | $8.9M | −$886K | -10% |
| Free cash flow (OCF − capex) | $5.6M | $2.9M | $2.7M | +94% |
| Capital expenditures | $2.4M | $6.0M | −$3.6M | -60% |
Questions
How much did Wheeler Real Estate Investment Trust's revenue grow year over year in Q2 2026?
Wheeler Real Estate Investment Trust's revenue fell $3.6M (-14%) from $26.1M in Q2 2025 to $22.5M in Q2 2026. Operating margin 46.8% against 57.3% (-10.5 pts).