Federal Realty Investment Trust

FRT Real Estate Market cap $10.0B as of Sep 14, 2026 16:00 ET S&P 500

Q1 FY26 Jan 1 – Mar 31, 2026 reported May 1, 2026

Revenue$0.34B +10% year over year

Gross profit$0.22B 65% margin

Operating profit$0.21B 61% margin

Net profit$0.16B 47% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	0.34	100%	+10%
Cost of revenue	−0.12	35%
Gross profit	0.22	65% margin	+26pp
G&A	−0.01	4%	+0pp
Operating profit	0.21	61% margin	+26pp
Interest & other costs	−0.05
Net profit	0.16	47% margin	+26pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	0.34	100%	+8%
Cost of revenue	−0.14	43%
Gross profit	0.19	57% margin	+18pp
G&A	−0.01	4%	−1pp
Operating profit	0.18	54% margin	+19pp
Interest & other costs	−0.05
Net profit	0.13	39% margin	+18pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	0.32	100%	+6%
Sales price of real estate	0.15	45%
Gain on sale of real estate	0.08	24%
Town other assets	0.02	8%
Del other liabilities	0.02	7%
Other	0.02	7%
Del other assets	0.02	6%
Town other liabilities	0.01	3%
Cost of revenue	−0.20	62%
Gross profit	0.12	38% margin	+0pp
G&A	−0.01	4%	+0pp
Operating profit	0.11	34% margin	−1pp
Interest & other costs	−0.05
Net profit	0.06	19% margin	−1pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	0.31	100%	+5%
Sales price of real estate	0.15	47%
Purchase price of real	0.12	40%
Below market leases	0.02	7%
Acquired lease costs	0.02	6%
Above market leases	<0.01	0%
Cost of revenue	−0.10	31%
Gross profit	0.22	69% margin	+12pp
G&A	−0.01	4%	+0pp
Operating profit	0.20	65% margin	+12pp
Interest & other costs	−0.05
Net profit	0.16	50% margin	+12pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26 Jan 1 – Mar 31, 2026 reported May 1, 2026 Operating margin 61% Net profit $0.16B	Jan 1 – Mar 31, 2026	May 1, 2026	$0.34B	+10%	61%	$0.16B	47%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 12, 2026 Operating margin 54% Net profit $0.13B	Oct 1 – Dec 31, 2025	Feb 12, 2026	$0.34B	+8%	54%	$0.13B	39%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 31, 2025 Operating margin 34% Net profit $0.06B	Jul 1 – Sep 30, 2025	Oct 31, 2025	$0.32B	+6%	34%	$0.06B	19%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Aug 6, 2025 Operating margin 65% Net profit $0.16B	Apr 1 – Jun 30, 2025	Aug 6, 2025	$0.31B	+5%	65%	$0.16B	50%