Filing Flows › W. P. Carey (WPC) › Q2 2026 › vs Q2 2025
W. P. Carey (WPC) Q2 2026 vs Q2 2025 (year over year)
W. P. Carey's revenue rose $30.3M (+7%) from $431M in Q2 2025 to $461M in Q2 2026. The biggest changes: Owned Real Estate Segment +$31.3M (+7%); Investment Management −$982K (-41%); Asset management revenue −$910K (-70%). Operating margin 35.5% against 51.6% (-16.2 pts).
W. P. Carey, Q2 2026: revenue $461M (+7% year over year), operating margin 35.5%, net earnings $186M, operating cash flow $333M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 35.5% | 51.6% | -16.2 pts |
| Net margin | 40.3% | 11.9% | +28.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Owned Real Estate Segment | $460M | $428M | $31.3M | +7% |
| Investment Management | $1.4M | $2.4M | −$982K | -41% |
| Other advisory income and reimbursements | $1.0M | $1.1M | −$72K | -7% |
| Asset management revenue | $394K | $1.3M | −$910K | -70% |
| Revenue | $461M | $431M | $30.3M | +7% |
| Other income, net | $35.2M | −$158M | $193M | — |
| Operating profit | $164M | $222M | −$59.0M | -26% |
| Costs & expenses | $298M | $208M | $89.2M | +43% |
| Pre-tax earnings | $199M | $64.4M | $134M | +209% |
| General & admin | $25.9M | $24.1M | $1.8M | +7% |
| Other operating costs | $272M | $184M | $87.5M | +47% |
| Net earnings | $186M | $51.3M | $134M | +262% |
| Income tax | $13.1M | $13.1M | $0 | 0% |
| Depreciation & amortization | $138M | $125M | $13.1M | +10% |
| Share-based compensation | $13.9M | $10.9M | $3.0M | +28% |
| Working capital & other | $4.6M | −$217M | $221M | — |
| Operating cash flow | $333M | $404M | −$70.8M | -18% |
Questions
How much did W. P. Carey's revenue grow year over year in Q2 2026?
W. P. Carey's revenue rose $30.3M (+7%) from $431M in Q2 2025 to $461M in Q2 2026.
What drove W. P. Carey's revenue change in Q2 2026?
Owned Real Estate Segment +$31.3M (+7%); Investment Management −$982K (-41%); Asset management revenue −$910K (-70%).