Filing Flows

Filing Flows › Zoned Properties (ZDPY) › Q1 2026

Zoned Properties (ZDPY) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

Zoned Properties (ZDPY) reported revenue of $1.2M for the first quarter 2026 (Q1 2026), +20% from a year earlier and -4% from the quarter before. Operating margin was 10.8%, net loss $55K (4.7% of revenue).

Revenue$1.2M
Year over year+20%
Quarter over quarter-4%
Operating margin10.8%
Net earnings−$55K

Zoned Properties, Q1 2026: revenue $1.2M (+20% year over year), operating margin 10.8%, net loss $55K, operating cash flow $1.6M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$1.2M-4%+20%
Operating profit$127K—-70%
Net earnings−$55K—-137%
Operating cash flow$1.6M14×+393%

What changed

Revenue was $1.2M in Q1 2026, up 20% year over year and down 4% from the previous quarter. Property Investment Portfolio Revenues was the largest line at 64% of revenue. Real Estate Services Revenues added $203K year over year (up 95%), 103% of the total change. Property Investment Portfolio Revenues declined 1%.

Operating profit was $127K, a 10.8% margin (down 33.2 points year over year). Operating profit fell $302K even though revenue rose $198K versus Q1 2025, so costs grew faster than sales. Total costs grew 92% against revenue growth of 20%. The fastest-growing cost line was Other operating costs (+103%). The quarter ended with a net loss of $55K, narrower than the previous quarter's $3.2M loss. Net interest and other expense of $181K was the main reason.

Operating cash flow was $1.6M (up 393% year over year). Non-cash charges added back $74K of depreciation and amortization. Working capital and other items added $1.6M.

Questions

What was Zoned Properties' revenue in the first quarter 2026?

Zoned Properties (ZDPY) reported revenue of $1.2M for the first quarter 2026 (Q1 2026), +20% from a year earlier and -4% from the quarter before.

Was Zoned Properties profitable in the first quarter 2026?

Operating profit was $127K (10.8% of revenue) and net loss $55K.

Open the interactive Sankey →

Source: Zoned Properties 10-Q on SEC EDGAR.