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Centerspace CSR Net Income

Net Income at other companies

UDR logo
UDRUDR
$69.04M+83.2%
Equity Residential logo
Equity ResidentialEQR
$204.21M+6.2%
Camden Property Trust logo
Camden Property TrustCPT
$42.45M+9.3%
AvalonBay Communities logo
AvalonBay CommunitiesAVB
$155.72M-42.0%
Mid-America Apartment Communities logo
Mid-America Apartment CommunitiesMAA
$124.36M-31.5%
Independence Realty Trust logo
Independence Realty TrustIRT
-$127K-101%

Other financials

Income statement

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Revenue$65.1M-3.0%
Gross profit$62.7M-3.0%
Operating income-$5.4M-214%
EPS (diluted)-$0.77-250%

Balance sheet

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Cash & equivalents$10.3M-43.2%
Total debt$1.1B+0.7%
Total equity$695.0M+9.1%
Total assets$1.9B-0.3%

Cash flow

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Operating cash flow$21.4M-15.8%
CapEx$5.3M+5.4%
Free cash flow$16.1M-21.0%

Valuation

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Market cap$940.47M+5.5%
Enterprise value$2B-4.4%
P/E45.7×
P/S3.5×+0.1×

Profitability

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Gross margin96.5%0.0pp
Operating margin28.5%+21.7pp
Net margin11.1%
FCF margin22.1%-0.4pp

Returns & leverage

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Return on equity4.3%
Debt / equity1.5×-0.1×

Where this comes from

Reported directly by Centerspace in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: Centerspace’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:16 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000798359-26-000038
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Operating income (loss)(5,393)4,746
Interest expense(10,470)(9,635)
Interest and other income890708
NET LOSS$(14,973)$(4,181)
Distributions to Series D preferred unitholders(57)(160)
Net loss attributable to noncontrolling interests – Operating Partnership and Series E preferred units2,141643
Net income attributable to noncontrolling interests – consolidated real estate entities(36)
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS$(12,889)$(3,734)

Item 1. Financial Statements - First Quarter - 2026

FAQ

What is Centerspace's net income?
Centerspace (CSR) reported net income of -$14.97M in Q1 2026.
How has Centerspace's net income changed year-over-year?
Centerspace's net income decreased by 301.0% year-over-year, from -$3.73M to -$14.97M.
What is the long-term trend for Centerspace's net income?
Over 2 years (2021 to 2024), Centerspace's net income has grown at a 1876.4% compound annual growth rate (CAGR), from -$29K to -$11.33M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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