10-Q quarterly report · filed May 1, 2026

Federal Realty Investment Trust (FRT) Q1 2026 10-Q Quarterly Report

Short answer

Federal Realty Investment Trust (FRT) filed its Q1 2026 10-Q quarterly report on May 1, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $341M (up 10.3% year over year) with net income of $159M.

Q1 2026 key financials · XBRL

Revenue
$341M
+10.3% YoY
Net income
$159M
+149.5% YoY
Operating margin
61.3%
EPS (diluted)
$1.81
+151.4% YoY

Source: XBRL data from the Federal Realty Investment Trust (FRT) Q1 2026 10-Q on SEC EDGAR. USD.

Federal Realty Investment Trust Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Property revenue $341.1M, up 10.3% YoY from $309.2M
  • Operating margin 61.3% vs 35.0% YoY; net income $161.1M, up 141.9%
  • Best segment: acquisitions contributed $20.4M revenue growth; dispositions reduced revenue $9.3M
  • Operating cash flow $184.6M vs $179.0M; cash and restricted cash ended at $123.9M
  • $400.0M notes repaid; $250.0M term loan borrowed; dividends paid $99.5M
  • Outlook: inflation, tariffs, supply disruptions, higher interest and operating costs remain headwinds; 2026 leasing expected in line with 2.0–2.4M square feet historical range

Risk Factors

  • No material changes to risk factors disclosed in the December 31, 2025 Form 10-K
  • Common-share repurchase authorization up to $300.0 million, with no repurchases through March 31, 2026
  • DownREIT redemption exposure: 3,020 operating partnership units redeemed for cash during the quarter

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

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