Source: Centerspace Trust's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 03, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2017
FY2018
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$160.10M
$169.75M
$121.87M
$185.75M
$177.99M
$201.71M
$256.72M
$261.31M
$260.98M
$273.66M
Cost of revenue
—
$5.53M
—
$6.19M
$5.80M
$8.75M
$9.89M
$9.35M
$9.13M
$9.64M
Gross profit
—
$164.22M
—
$179.57M
$172.19M
$192.95M
$246.82M
$251.96M
$251.85M
$264.02M
Operating income
-$30.11M
-$23.70M
—
$109.04M
$33.84M
$29.89M
$13.86M
$84.45M
$20.48M
$64.54M
Interest expense
$34.31M
$34.18M
—
$30.54M
$27.52M
$29.08M
$32.75M
$36.43M
$37.28M
$44.88M
Net income
$43.35M
$116.79M
—
$78.67M
$4.44M
-$29.00K
-$14.11M
$41.33M
-$11.33M
$17.10M
EBITDA
$16.02M
$59.57M
—
$184.45M
$110.44M
$123.00M
$120.07M
$187.62M
$128.12M
$179.18M
EPS (basic)
$2.58
$8.71
—
$6.06
$-0.15
$-0.47
$-1.35
$2.33
$-1.27
$1.02
EPS (diluted)
$2.58
$8.71
—
$6.00
$-0.15
$-0.47
$-1.35
$2.32
$-1.27
$1.02
Diluted shares
13.73M
13.46M
—
13.18M
12.56M
13.80M
15.22M
17.12M
15.50M
16.77M
Gross margin
—
96.7%
—
96.7%
96.7%
95.7%
96.1%
96.4%
96.5%
96.5%
Operating margin
-18.8%
-14.0%
—
58.7%
19.0%
14.8%
5.4%
32.3%
7.8%
23.6%
Net margin
27.1%
68.8%
—
42.4%
2.5%
-0.0%
-5.5%
15.8%
-4.3%
6.2%
Balance sheet
fiscal years · USD
Fiscal year
FY2017
FY2018
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$28.82M
$11.89M
$13.79M
$26.58M
$392.00K
$31.27M
$10.46M
$8.63M
$12.03M
$12.83M
Goodwill
$1.57M
$1.55M
$1.55M
$1.09M
$986.00K
$866.00K
$866.00K
$491.00K
$491.00K
$316.00K
Total assets
$1.47B
$1.43B
$1.34B
$1.39B
$1.46B
$1.94B
$2.03B
$1.93B
$1.91B
$1.93B
Long-term debt
$565.98M
$509.92M
$444.20M
—
—
$859.78M
$1.01B
$916.02M
$955.38M
$1.02B
Total debt
$565.98M
$509.92M
$444.20M
—
—
$859.78M
$1.01B
$916.02M
$955.38M
$1.02B
Total liabilities
$831.24M
$732.45M
$686.58M
$695.96M
$774.80M
$918.45M
$1.07B
$978.78M
$1.01B
$1.08B
Shareholders' equity
$553.72M
$605.66M
$568.79M
$619.05M
$618.21M
$772.03M
$729.54M
$709.83M
$751.99M
$719.16M
Cash flow
fiscal years · USD
Fiscal year
FY2017
FY2018
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$79.05M
$55.20M
—
$69.62M
$61.23M
$84.03M
$91.99M
$89.52M
$98.25M
$98.45M
Capital expenditures
$41.08M
$17.98M
—
$20.95M
$1.68M
$1.26M
$122.00K
$0
$56.65M
$34.16M
Free cash flow
$37.97M
$37.22M
—
$48.67M
$59.55M
$82.76M
$91.87M
$89.52M
$41.59M
$64.29M
Investing cash flow
$224.16M
$80.11M
—
$7.01M
-$164.97M
-$267.23M
-$160.09M
$120.21M
-$50.72M
-$26.87M
Financing cash flow
-$317.92M
-$175.99M
—
-$49.77M
$64.93M
$214.51M
$41.37M
-$212.35M
-$43.67M
-$69.06M
Dividends paid
$55.91M
$33.69M
—
$32.89M
$35.05M
$38.49M
$44.46M
$43.74M
$45.79M
$51.08M
Share buybacks
$4.50M
$9.94M
—
$18.02M
$0
$0
$29.06M
$11.54M
$4.70M
$3.45M
Stock-based compensation
$6.00K
$1.59M
—
$1.91M
$2.11M
$2.69M
$2.62M
$3.29M
$3.01M
$3.44M
Depreciation & amortization
$46.13M
$83.28M
—
$75.41M
$76.60M
$93.11M
$106.21M
$103.17M
$107.65M
$114.64M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$64.07M
$1.19M
$1.09M
$1.22M
$66.41M
$67.09M
$68.55M
$1.38M
$66.62M
$65.07M
$65.78M
$917.00K
Cost of revenue
$2.34M
$2.33M
$2.22M
$2.24M
$2.33M
$2.43M
$2.39M
$2.49M
$2.32M
$2.38M
$2.09M
$1.99M
Gross profit
$61.73M
-$1.15M
-$1.13M
-$1.03M
$64.08M
$64.66M
$66.16M
-$1.11M
$64.30M
$62.69M
$63.69M
-$1.07M
Operating income
-$1.50M
$4.08M
$7.19M
$6.35M
$2.86M
$4.75M
-$6.80M
$77.21M
-$10.62M
-$5.39M
$8.78M
$151.47M
Interest expense
$8.91M
$9.21M
$9.33M
$8.95M
$9.79M
$9.63M
$10.72M
$12.99M
$11.54M
$10.47M
$10.62M
$8.41M
Net income
-$8.16M
-$3.90M
-$1.30M
-$1.05M
-$5.08M
-$3.73M
-$14.52M
$53.78M
-$18.43M
-$12.89M
-$1.02M
$123.33M
EBITDA
$25.40M
$31.38M
$33.20M
$32.73M
$30.81M
$32.72M
$20.66M
$106.64M
$19.16M
$21.46M
$34.21M
$174.90M
EPS (basic)
$-0.65
$-0.37
$-0.19
$-0.40
$-0.31
$-0.22
$-0.87
$3.22
$-1.10
$-0.77
$-0.07
$7.32
EPS (diluted)
$-0.64
$-0.37
$-0.19
$-0.40
$-0.31
$-0.22
$-0.87
$3.19
$-1.10
$-0.77
$-0.07
$7.28
Diluted shares
-226.00K
14.92M
14.97M
15.53M
361.00K
16.73M
16.74M
19.77M
-3.06M
16.77M
16.81M
16.88M
Gross margin
96.3%
-96.6%
-103.7%
-84.4%
96.5%
96.4%
96.5%
-81.0%
96.5%
96.3%
96.8%
-116.6%
Operating margin
-2.3%
343.9%
659.2%
522.2%
4.3%
7.1%
-9.9%
5615.3%
-15.9%
-8.3%
13.4%
16518.3%
Net margin
-12.7%
-329.5%
-118.8%
-86.2%
-7.6%
-5.6%
-21.2%
3911.5%
-27.7%
-19.8%
-1.6%
13449.1%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$8.63M
$12.68M
$14.33M
$14.45M
$12.03M
$11.92M
$12.38M
$12.90M
$12.83M
$7.55M
$8.56M
$116.23M
Goodwill
$491.00K
—
—
—
$491.00K
—
—
—
$316.00K
—
—
—
Total assets
$1.93B
$1.90B
$1.90B
$1.89B
$1.91B
$1.89B
$2.01B
$2.10B
$1.93B
$1.89B
$1.84B
$1.79B
Long-term debt
$916.02M
$929.08M
$931.68M
$921.27M
$955.38M
$955.45M
$1.11B
$1.14B
$1.02B
$1.02B
$989.58M
$812.61M
Total debt
$916.02M
$929.08M
$931.68M
$921.27M
$955.38M
$955.45M
$1.11B
$1.14B
$1.02B
$1.02B
$989.58M
$812.61M
Total liabilities
$978.78M
$979.83M
$984.57M
$982.27M
$1.01B
$1.01B
$1.17B
$1.21B
$1.08B
$1.07B
$1.04B
$866.65M
Shareholders' equity
$709.83M
$688.15M
$680.70M
$672.45M
$751.99M
$636.80M
$710.05M
$748.64M
$719.16M
$694.97M
$680.22M
$792.75M
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$12.10M
$24.40M
$22.86M
$32.32M
$18.66M
$25.43M
$25.27M
$35.05M
$12.71M
$21.42M
$22.70M
$20.65M
Capital expenditures
$19.42M
$21.81M
$13.78M
$11.85M
$9.22M
$5.04M
$149.00M
$55.70M
$10.04M
$5.32M
$7.63M
$5.86M
Free cash flow
-$7.32M
$2.59M
$9.09M
$20.47M
$9.45M
$20.39M
-$123.73M
-$20.65M
$2.67M
$16.11M
$15.07M
$14.79M
Investing cash flow
-$65.16M
-$9.03M
-$19.38M
-$12.04M
-$10.26M
-$4.88M
-$159.58M
$57.45M
$80.15M
-$5.02M
$21.96M
$280.57M
Financing cash flow
$10.13M
-$10.89M
-$1.81M
-$18.44M
-$12.53M
-$15.61M
$134.45M
-$44.85M
-$143.05M
-$21.79M
-$44.48M
-$192.58M
Dividends paid
$10.96M
$10.92M
$11.17M
$11.28M
$12.41M
$12.44M
$12.88M
$12.90M
$12.86M
$12.90M
$12.93M
$12.94M
Share buybacks
$4.82M
$4.70M
$0
$0
$0
$0
$0
$3.45M
$0
—
—
$0
Stock-based compensation
$583.00K
$749.00K
$732.00K
$764.00K
$769.00K
$858.00K
$833.00K
$873.00K
$881.00K
$1.09M
$1.08M
$1.11M
Depreciation & amortization
$26.91M
$27.30M
$26.01M
$26.38M
$27.95M
$27.97M
$27.45M
$29.43M
$29.79M
$26.85M
$25.42M
$23.43M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.