Filing Flows › Wheeler Real Estate Investment Trust (WHLR) › Q2 2026
Wheeler Real Estate Investment Trust (WHLR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Wheeler Real Estate Investment Trust (WHLR) reported revenue of $22.5M for the second quarter 2026 (Q2 2026), -14% from a year earlier and -6% from the quarter before. Operating margin was 46.8%, net earnings $8.6M (38.4% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.5M | -6% | -14% |
| Operating profit | $10.5M | +3% | -30% |
| Net earnings | $8.6M | — | — |
| Operating cash flow | $8.0M | +79% | -10% |
| Free cash flow | $5.6M | +117% | +94% |
What changed
Revenue was $22.5M in Q2 2026, down 14% year over year and down 6% from the previous quarter.
Operating profit was $10.5M, a 46.8% margin (down 10.5 points year over year). Total costs grew 7% against a revenue fall of 14%. The fastest-growing cost line was General & admin (+18%). Net earnings were $8.6M. The effective tax rate was 0.0%.
Operating cash flow was $8.0M (down 10% year over year), 82% of net income including minority interests. Non-cash charges added back $5.1M of depreciation and amortization. Working capital and other items used $6.8M. Capital expenditures of $2.4M left free cash flow of $5.6M.
Questions
What was Wheeler Real Estate Investment Trust's revenue in the second quarter 2026?
Wheeler Real Estate Investment Trust (WHLR) reported revenue of $22.5M for the second quarter 2026 (Q2 2026), -14% from a year earlier and -6% from the quarter before.
Was Wheeler Real Estate Investment Trust profitable in the second quarter 2026?
Operating profit was $10.5M (46.8% of revenue) and net earnings $8.6M.
Source: Wheeler Real Estate Investment Trust 10-Q on SEC EDGAR.