Filing Flows › Chiron Real Estate (XRN) › Q1 2026
Chiron Real Estate (XRN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Chiron Real Estate (XRN) reported revenue of $38.1M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -0.9% from the quarter before. Operating margin was 4.3%, net earnings $1.7M (4.3% of revenue).
Chiron Real Estate, Q1 2026: revenue $38.1M (+10% year over year), operating margin 4.3%, net earnings $1.7M, operating cash flow $13.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $38.1M | -0.9% | +10% |
| Operating profit | $1.7M | — | -56% |
| Net earnings | $1.7M | — | -56% |
| Operating cash flow | $13.4M | -38% | +9% |
| Free cash flow | $11.2M | — | +16% |
What changed
Revenue was $38.1M in Q1 2026, up 10% year over year and down 1% from the previous quarter.
Operating profit was $1.7M, a 4.3% margin (down 6.4 points year over year). Operating profit fell $2.1M even though revenue rose $3.4M versus Q1 2025, so costs grew faster than sales. Total costs grew 18% against revenue growth of 10%. The fastest-growing cost line was General & admin (+41%). Net earnings were −$749K. The effective tax rate was 0.0%.
Operating cash flow was $13.4M (up 9% year over year), 807% of net income including minority interests. Non-cash charges added back $11.1M of depreciation and $1.2M of share-based compensation. Capital expenditures of $2.1M left free cash flow of $11.2M.
Questions
What was Chiron Real Estate's revenue in the first quarter 2026?
Chiron Real Estate (XRN) reported revenue of $38.1M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -0.9% from the quarter before.
Was Chiron Real Estate profitable in the first quarter 2026?
Operating profit was $1.7M (4.3% of revenue) and net earnings $1.7M.
Source: Chiron Real Estate 10-Q on SEC EDGAR.