Filing Flows › W. P. Carey (WPC) › Q3 2026 › vs Q2 2026
W. P. Carey (WPC) Q3 2026 vs Q2 2026 (quarter over quarter)
W. P. Carey's revenue rose $7.2M (+2%) from $461M in Q2 2026 to $468M in Q3 2026. The biggest changes: Owned Real Estate Segment +$7.8M (+2%); Investment Management −$519K (-37%); Other advisory income and reimbursements −$500K (-50%). Operating margin 55.2% against 35.5% (+19.7 pts).
W. P. Carey, Q3 2026: revenue $468M (+9% year over year), operating margin 55.2%, net earnings $141M, operating cash flow $322M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 55.2% | 35.5% | +19.7 pts |
| Net margin | 30.1% | 40.3% | -10.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Owned Real Estate Segment | $467M | $460M | $7.8M | +2% |
| Investment Management | $875K | $1.4M | −$519K | -37% |
| Other advisory income and reimbursements | $500K | $1.0M | −$500K | -50% |
| Asset management revenue | $375K | $394K | −$19K | -5% |
| Revenue | $468M | $461M | $7.2M | +2% |
| Operating profit | $258M | $164M | $94.8M | +58% |
| Costs & expenses | $210M | $298M | −$87.6M | -29% |
| Pre-tax earnings | $152M | $199M | −$47.1M | -24% |
| Other expense, net | $107M | −$35.2M | $142M | — |
| General & admin | $25.3M | $25.9M | −$617K | -2% |
| Other operating costs | $185M | $272M | −$86.9M | -32% |
| Net earnings | $141M | $186M | −$44.5M | -24% |
| Income tax | $10.5M | $13.1M | −$2.6M | -20% |
| Depreciation & amortization | $133M | $138M | −$5.1M | -4% |
| Share-based compensation | $10.0M | $13.9M | −$3.9M | -28% |
| Working capital & other | $38.0M | −$4.6M | $42.6M | — |
| Operating cash flow | $322M | $333M | −$10.9M | -3% |
Questions
How much did W. P. Carey's revenue grow quarter over quarter in Q3 2026?
W. P. Carey's revenue rose $7.2M (+2%) from $461M in Q2 2026 to $468M in Q3 2026.
What drove W. P. Carey's revenue change in Q3 2026?
Owned Real Estate Segment +$7.8M (+2%); Investment Management −$519K (-37%); Other advisory income and reimbursements −$500K (-50%).