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Zoned Properties (ZDPY) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

Zoned Properties (ZDPY) reported revenue of $774K for the second quarter 2026 (Q2 2026), -17% from a year earlier and -34% from the quarter before. Operating margin was -6.0%, net earnings $74K (9.5% of revenue).

Revenue$774K
Year over year-17%
Quarter over quarter-34%
Operating margin-6.0%
Net earnings$74K

Zoned Properties, Q2 2026: revenue $774K (-18% year over year), operating margin -6.0%, net earnings $74K, operating cash flow −$589K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$774K-34%-17%
Operating profit−$46K-137%-117%
Net earnings$74K—+180%
Operating cash flow−$589K-136%-346%

What changed

Revenue was $774K in Q2 2026, down 17% year over year and down 34% from the previous quarter. Property Investment Portfolio Revenues was the largest line at 85% of revenue. Property Investment Portfolio Revenues lost $101K year over year (down 13%), 62% of the total change.

Operating costs exceeded revenue by $46K, an operating margin of -6.0%. Total costs grew 23% against a revenue fall of 17%. The fastest-growing cost line was General & admin (+45%). Net earnings were $74K, up 180% year over year. The effective tax rate was 0.0%. Non-operating items added $120K, 163% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$589K. Non-cash charges added back $75K of depreciation and amortization. Working capital and other items used $737K.

Questions

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

Zoned Properties (ZDPY) reported revenue of $774K for the second quarter 2026 (Q2 2026), -17% from a year earlier and -34% from the quarter before.

Was Zoned Properties profitable in the second quarter 2026?

Operating loss was $46K (-6.0% of revenue) and net earnings $74K.

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Source: Zoned Properties 10-Q on SEC EDGAR.