10-Q quarterly report · filed May 6, 2026

COPT DEFENSE PROPERTIES (CDP) Q1 2026 10-Q Quarterly Report

Short answer

COPT DEFENSE PROPERTIES (CDP) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $6M (down 41.1% year over year) with net income of $38M.

Q1 2026 key financials · XBRL

Revenue
$6M
−41.1% YoY
Net income
$38M
+11.0% YoY
EPS (diluted)
$0.34
+9.7% YoY

Source: XBRL data from the COPT DEFENSE PROPERTIES (CDP) Q1 2026 10-Q on SEC EDGAR. USD.

COPT DEFENSE PROPERTIES Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $200.6M, up $12.8M YoY from $187.9M
  • Net income $40.1M vs $36.2M; diluted FFO per share $0.69 vs $0.65
  • Best segment Defense/IT Same Property NOI $102.6M vs $98.0M; Other $7.8M vs $9.1M
  • Operating cash flow increased $24.3M YoY; $58.7M property additions
  • Financing cash use $260.2M, including $400.0M 2.25% Notes repayment and $34.6M dividends; cash $28.6M at March 31- Outlook headwinds included government shutdowns, budget reductions, interest rates, financing availability, and office-property demand

Risk Factors

  • No material risk-factor changes from the 2025 Form 10-K

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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