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Centerspace CSR Operating Income

Operating Income at other companies

UDR logo
UDRUDR
$115.86M+49.7%
Equity Residential logo
Equity ResidentialEQR
$392.5M+61.9%
InvenTrust Properties logo
InvenTrust PropertiesIVT
-$9.77M-26.6%
BRT Apartments logo
BRT ApartmentsBRT
-$3.14M-6.5%
New England Realty Associates logo
New England Realty AssociatesNEN
$4.04M-42.8%
Transcontinental Realty Investors logo
Transcontinental Realty InvestorsTCI
-$2.34M-184%

Other financials

Income statement

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Revenue$65.1M-3.0%
Gross profit$62.7M-3.0%
Net income-$15.0M-301%
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$951.89M+5.8%
Enterprise value$2.01B-4.2%
P/E46.3×
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:OperatingIncomeLoss.

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
Impairment of real estate investments9,700
General and administrative expenses6,3324,997
TOTAL EXPENSES$70,462$62,347
Operating income (loss)(5,393)4,746
Interest expense(10,470)(9,635)
Interest and other income890708
NET LOSS$(14,973)$(4,181)
Distributions to Series D preferred unitholders(57)(160)

Item 1. Financial Statements - First Quarter - 2026

FAQ

What is Centerspace's operating income?
Centerspace (CSR) reported operating income of -$5.39M in Q1 2026.
How has Centerspace's operating income changed year-over-year?
Centerspace's operating income decreased by 213.6% year-over-year, from $4.75M to -$5.39M.
What is the long-term trend for Centerspace's operating income?
Over 3 years (2021 to 2024), Centerspace's operating income has grown at a -14.1% compound annual growth rate (CAGR), from $32.36M to $20.48M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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