Filing Flows › W. P. Carey (WPC) › Q3 2026 › vs Q3 2025
W. P. Carey (WPC) Q3 2026 vs Q3 2025 (year over year)
W. P. Carey's revenue rose $37.0M (+9%) from $431M in Q3 2025 to $468M in Q3 2026. The biggest changes: Owned Real Estate Segment +$38.4M (+9%); Investment Management −$1.4M (-62%); Asset management revenue −$843K (-69%). Operating margin 55.2% against 47.8% (+7.4 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 55.2% | 47.8% | +7.4 pts |
| Net margin | 30.1% | 32.7% | -2.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Owned Real Estate Segment | $467M | $429M | $38.4M | +9% |
| Investment Management | $875K | $2.3M | −$1.4M | -62% |
| Other advisory income and reimbursements | $500K | $1.1M | −$569K | -53% |
| Asset management revenue | $375K | $1.2M | −$843K | -69% |
| Revenue | $468M | $431M | $37.0M | +9% |
| Operating profit | $258M | $206M | $52.2M | +25% |
| Costs & expenses | $210M | $225M | −$15.2M | -7% |
| Pre-tax earnings | $152M | $150M | $1.9M | +1% |
| Other expense, net | $107M | $56.4M | $50.2M | +89% |
| General & admin | $25.3M | $23.7M | $1.7M | +7% |
| Other operating costs | $185M | $201M | −$16.8M | -8% |
| Net earnings | $141M | $141M | −$95K | -0.1% |
| Income tax | $10.5M | $8.5M | $2.0M | +24% |
| Depreciation & amortization | $133M | $129M | $3.9M | +3% |
| Share-based compensation | $10.0M | $11.2M | −$1.2M | -11% |
| Working capital & other | $38.0M | $18.9M | $19.1M | +101% |
| Operating cash flow | $322M | $300M | $21.7M | +7% |
Questions
How much did W. P. Carey's revenue grow year over year in Q3 2026?
W. P. Carey's revenue rose $37.0M (+9%) from $431M in Q3 2025 to $468M in Q3 2026.
What drove W. P. Carey's revenue change in Q3 2026?
Owned Real Estate Segment +$38.4M (+9%); Investment Management −$1.4M (-62%); Asset management revenue −$843K (-69%).