Centerspace Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	273.66	260.98	261.31	256.72	201.71
Revenue Growth (YoY)	4.86%	-0.13%	1.79%	27.27%	13.32%
Cost of Revenue	115.91	112.37	115.17	118.53	90.61
Gross Profit	157.75	148.61	146.14	138.18	111.1
Selling, General & Admin	20.92	17.8	20.08	17.52	16.21
Depreciation & Amortization Expenses	113.23	106.45	101.68	105.26	92.17
Other Operating Expenses	118.01	2.73	78.56	1.63	27.86
Operating Income	64.54	20.48	84.45	13.86	29.89
Interest Income	3.41	2.61	1.21	1.25	-2.92
Interest Expense	-44.88	-37.28	-36.43	-32.75	-29.08
Other Non-Operating Income (Expense)	-0.1	-	-3.86	-	-
Total Non-Operating Income (Expense)	-41.57	-34.67	-39.09	-31.5	-31.99
Pretax Income	22.96	-14.19	45.37	-17.64	-2.1
Net Income	17.1	-19.66	34.9	-20.54	-6.46
Minority Interest in Earnings	5.38	-3.5	7.27	-4.17	-2.71
Net Income Attributable to Preferred Dividends	0.49	8.97	7.07	7.07	7.07
Net Income to Common	17.1	-19.66	34.9	-20.54	-6.46
Shares Outstanding (Basic)	17	16	15	15	14
Shares Outstanding (Diluted)	17	16	17	15	14
Shares Change (YoY)	8.20%	-9.43%	12.50%	10.24%	15.67%
EPS (Basic)	1.02	-1.27	2.33	-1.35	-0.47
EPS (Diluted)	1.02	-1.27	2.32	-1.35	-0.47
Shares Outstanding	16.76	16.72	14.96	15.02	15.02
Free Cash Flow	-141.96	40.56	-11.53	-69.24	-220.84
Free Cash Flow Per Share	-8.46	2.62	-0.67	-4.55	-16.00
Dividends Per Share	3.080	3.000	2.920	2.920	2.840
Dividend Growth	2.67%	2.74%	-	2.82%	1.43%
Gross Margin	57.64%	56.94%	55.93%	53.83%	55.08%
Operating Margin	23.58%	7.85%	32.32%	5.40%	14.82%
Profit Margin	8.39%	-5.44%	18.84%	-6.87%	-1.04%
FCF Margin	-51.87%	15.54%	-4.41%	-26.97%	-109.49%
EBITDA	179.18	128.12	187.63	120.07	123
EBITDA Margin	65.48%	49.09%	71.80%	46.77%	60.98%
EBIT	64.54	20.48	84.45	13.86	29.89
EBIT Margin	23.58%	7.85%	32.32%	5.40%	14.82%

Updated Dec 31, 2025. Data Source: Fiscal.ai. standard template. Financial Sources.

SEC Filings: 10-K · 10-Q