Centerspace (CSR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 65.07M | 66.62M | 71.4M | 68.55M | 67.09M | 66.41M | 65.03M | 65.04M | 64.51M | 64.07M | 64.57M | 64.78M | 67.9M | 67.85M | 65.44M | 63.12M | 60.31M | 57.99M | 50.41M | 46.66M |
| Revenue Growth % | -3.02% | 0.32% | 9.8% | 5.39% | 4.01% | 3.65% | 0.71% | 0.41% | -4.99% | -5.57% | -1.33% | 2.63% | 12.57% | 17% | 29.8% | 35.28% | 29.3% | 27.33% | 14.22% | 6.25% |
| Property Operating Expenses | 80.95M | 26.96M | 30.86M | 28.92M | 29.16M | 28.66M | 28.9M | 27.41M | 27.4M | 27.44M | 28.94M | 27.29M | 31.49M | 31.58M | 29.89M | 28.94M | 28.13M | 26.2M | 22.55M | 20.84M |
| Net Operating Income (NOI) | -15.88M | 39.66M | 40.53M | 39.63M | 37.93M | 37.75M | 36.12M | 37.63M | 37.11M | 36.63M | 35.63M | 37.48M | 36.41M | 36.27M | 35.55M | 34.18M | 32.19M | 31.79M | 27.86M | 25.81M |
| NOI Margin % | -24.4% | 59.53% | 56.77% | 57.81% | 56.53% | 56.84% | 55.55% | 57.86% | 57.52% | 57.17% | 55.18% | 57.87% | 53.62% | 53.46% | 54.32% | 54.15% | 53.37% | 54.81% | 55.26% | 55.32% |
| Operating Expenses | -20.17M | 35.97M | 34.05M | 46.42M | 33.18M | 34.89M | 29.77M | 30.44M | 33.03M | 38.13M | 18.23M | 31.52M | -26.19M | 29.04M | 28.24M | 29.99M | 35.5M | 34.65M | 26.73M | 23.11M |
| G&A Expenses | 0 | 6.54M | 5M | 4.38M | 5M | 4.86M | 4.1M | 4.22M | 4.62M | 4.36M | 3.83M | 4.16M | 7.72M | 4.08M | 5.31M | 5.22M | 4.5M | 4.23M | 4.28M | 3.8M |
| EBITDA | 30.78M | 33.48M | 35.92M | 20.66M | 32.72M | 30.81M | 32.73M | 33.2M | 31.38M | 25.4M | 42.37M | 30.61M | 89.25M | 32.67M | 30.75M | 28.6M | 28.75M | 27.95M | 23.59M | 22.04M |
| EBITDA Margin % | 47.31% | 50.26% | 50.3% | 30.14% | 48.76% | 46.4% | 50.33% | 51.04% | 48.65% | 39.65% | 65.61% | 47.26% | 131.44% | 48.16% | 46.99% | 45.32% | 47.67% | 48.2% | 46.8% | 47.24% |
| Depreciation & Amortization | 26.5M | 29.79M | 29.43M | 27.45M | 27.97M | 27.95M | 26.38M | 26.01M | 27.3M | 26.91M | 24.97M | 24.64M | 26.65M | 25.77M | 23.72M | 24.77M | 31M | 30.42M | 22.45M | 19.31M |
| D&A / Revenue % | 40.72% | 44.71% | 41.22% | 40.05% | 41.69% | 42.09% | 40.57% | 39.99% | 42.33% | 42% | 38.67% | 38.05% | 39.25% | 37.98% | 36.25% | 39.24% | 51.4% | 52.46% | 44.53% | 41.38% |
| Operating Income | 4.29M | 3.7M | 6.48M | -6.8M | 4.75M | 2.86M | 6.35M | 7.19M | 4.08M | -1.5M | 17.39M | 5.97M | 62.6M | 6.91M | 7.03M | 3.83M | -2.25M | -2.47M | 1.14M | 2.73M |
| Operating Margin % | 6.59% | 5.55% | 9.08% | -9.91% | 7.07% | 4.3% | 9.77% | 11.06% | 6.32% | -2.35% | 26.94% | 9.21% | 92.19% | 10.18% | 10.74% | 6.08% | -3.73% | -4.25% | 2.27% | 5.86% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | -0.43x | -0.86x | 6.04x | -0.57x | 0.57x | 0.41x | 0.78x | 0.82x | 0.48x | -0.11x | 2.07x | 0.72x | 6.07x | 0.75x | 0.93x | 0.55x | -0.43x | -0.38x | 0.09x | 0.38x |
| Non-Operating Income | 8.79M | 13.64M | -71.92M | -735K | -708K | -1.15M | -645K | -477K | -340K | -533K | -330K | -295K | -49K | -335K | -276K | -355K | -598K | 26.56M | 0 | 26.87M |
| Pretax Income | -14.97M | -21.48M | 65.41M | -16.79M | -36K | -5.79M | -1.95M | -1.66M | -4.79M | -9.88M | 9.17M | -2.38M | 52.33M | -2.56M | -770K | -3.74M | -10.56M | -8.8M | -11.24M | 23.1M |
| Pretax Margin % | -23.01% | -32.24% | 91.61% | -24.49% | -0.05% | -8.71% | -3% | -2.56% | -7.43% | -15.43% | 14.2% | -3.67% | 77.07% | -3.78% | -1.18% | -5.93% | -17.51% | -15.18% | -22.3% | 49.52% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -12.83M | -18.38M | 53.89M | -14.36M | -36K | -4.92M | -888K | -1.14M | -3.75M | -8M | 7.93M | -1.7M | 43.73M | -2.17M | -639K | -3.19M | -9.03M | -7.05M | -9.33M | 21.7M |
| Net Margin % | -19.72% | -27.58% | 75.48% | -20.94% | -0.05% | -7.41% | -1.37% | -1.75% | -5.81% | -12.48% | 12.29% | -2.63% | 64.41% | -3.19% | -0.98% | -5.05% | -14.97% | -12.15% | -18.51% | 46.51% |
| Net Income Growth % | -35544.44% | -273.57% | 6168.92% | -1163.64% | 99.04% | 38.49% | -111.19% | 33.29% | -108.56% | -269.04% | 1341.63% | 46.55% | 584.45% | 69.25% | 93.15% | -114.68% | -91.78% | -67.09% | -147.16% | 695.61% |
| Funds From Operations (FFO) | 13.67M | 11.41M | 83.33M | 13.1M | 27.93M | 23.04M | 25.49M | 24.87M | 23.56M | 18.91M | 32.9M | 22.94M | 70.38M | 23.6M | 23.08M | 21.58M | 21.97M | 23.37M | 13.12M | 41.01M |
| FFO Margin % | 21% | 17.13% | 116.7% | 19.11% | 41.64% | 34.69% | 39.2% | 38.24% | 36.52% | 29.52% | 50.96% | 35.42% | 103.66% | 34.79% | 35.27% | 34.19% | 36.43% | 40.3% | 26.02% | 87.89% |
| FFO Growth % | -51.08% | -50.47% | 226.87% | -47.34% | 18.57% | 21.81% | -22.53% | 8.42% | -66.53% | -19.88% | 42.56% | 6.3% | 220.29% | 0.99% | 75.99% | -47.37% | 43.76% | 45.48% | -66.4% | 182.55% |
| FFO per Share | 0.81 | 0.68 | 4.21 | 0.78 | 1.67 | 1.39 | 1.64 | 1.66 | 1.58 | 1.26 | 1.83 | 1.53 | 3.83 | 1.57 | 1.23 | 1.40 | 1.46 | 1.31 | 0.82 | 2.83 |
| FFO Payout Ratio % | 94.84% | 112.7% | 15.48% | 98.32% | 44.54% | 53.9% | 44.26% | 44.9% | 46.36% | 57.94% | 33.14% | 47.78% | 15.51% | 47.49% | 48.62% | 51.98% | 49.2% | 44% | 74.97% | 22.57% |
| EPS (Diluted) | -0.77 | -1.10 | 3.19 | -0.87 | -0.22 | -0.31 | -0.40 | -0.08 | -0.25 | -0.53 | 0.41 | -0.11 | 5.65 | -0.14 | -0.03 | -0.21 | -0.60 | -0.39 | -0.59 | 1.48 |
| EPS Growth % | -250% | -254.84% | 897.5% | -1046.25% | 12% | 41.51% | -197.56% | 31% | -104.42% | -278.57% | 1305.88% | 47.62% | 1041.67% | 64.1% | 94.24% | -114.19% | -76.47% | -30% | -142.75% | 648.15% |
| EPS (Basic) | -0.77 | -1.10 | 3.22 | -0.87 | -0.22 | -0.31 | -0.40 | -0.08 | -0.25 | -0.53 | 0.41 | -0.11 | 6.90 | -0.14 | -0.04 | -0.21 | -0.60 | -0.49 | -0.66 | 1.49 |
| Diluted Shares Outstanding | 16.77M | 16.77M | 19.77M | 16.74M | 16.73M | 16.58M | 15.53M | 14.97M | 14.92M | 15.01M | 18.02M | 14.95M | 18.36M | 15.03M | 18.8M | 15.37M | 15.1M | 17.87M | 15.92M | 14.51M |