FY2025 · ended Dec 31, 2025 · Revenue $273.66M, +4.9% YoY · Filed Feb 17, 2026
Centerspace (CSR) files with the SEC under industry code 6798, Real Estate Investment Trusts. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $273.7 million and net income of $17.1 million. As of Sep 30, 2026 it held $116.2 million in cash and investments and $812.6 million in total debt.
Revenue (TTM)
$272.93M
+289.6% vs year-ago TTM
Net income (TTM)
$90.99M
+198.8% vs year-ago TTM
Operating cash flow (TTM)
$77.48M
-25.8% vs year-ago TTM
Free cash flow
$89.52M
-2.6% vs prior year
EPS (TTM)
$5.94
+270.7% vs year-ago TTM
Dividend per share (TTM)
$3.08
+0.7% vs year-ago TTM
Shares outstanding
16.77M
+0.3% vs prior year
Net cash
$-696.37M
as of Sep 30, 2026
Operating margin
52.8%
FY 2026
Company profile
- Industry
- Real Estate Investment Trusts (SIC 6798)
- Listed as
- CSR (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- ND
- Headquarters
- Minot, ND
- SEC filer status
- Large accelerated filer
- SEC CIK
- 798359
- Former names
- INVESTORS REAL ESTATE TRUST (until Jun 8, 2021)
Other Real Estate Investment Trusts companies
- Welltower Inc. WELL
- Prologis, Inc. PLD
- Equinix Inc EQIX
- American Tower Corp /MA/ AMT
- Simon Property Group Inc. SPG
- Digital Realty Trust, Inc. DLR
- Public Storage PSA
- Realty Income Corp O
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $273.7M | $261.0M | $261.3M | $256.7M | $201.7M |
| Operating income | $64.5M | $20.5M | $84.5M | $13.9M | $29.9M |
| Net income | $17.1M | -$11.3M | $41.3M | -$14.1M | -$29,000 |
| Diluted EPS | $1.02 | -$1.27 | $2.32 | -$1.35 | -$0.47 |
| Operating cash flow | $98.5M | $98.2M | $89.5M | $92.0M | $84.0M |
| Free cash flow | — | — | $89.5M | $91.9M | — |
| Total assets | $1.9B | $1.9B | $1.9B | $2.0B | $1.9B |
| Total liabilities | $1.1B | $1.0B | $978.8M | $1.1B | $918.5M |
| Stockholders' equity | $719.2M | $752.0M | $709.8M | $729.5M | $772.0M |
| Cash and investments | $12.8M | $12.0M | $8.6M | $10.5M | $31.3M |
| Total debt | $1.0B | $955.4M | $916.0M | $1.0B | $859.8M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Nov 2, 2026 | Nov 2, 2026 |
| 10-Q | Quarterly report | Nov 2, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Material agreement
|
Sep 23, 2026 | Sep 22, 2026 |
| 8-K/A | Amended current report | Sep 23, 2026 | Sep 8, 2026 |
| 8-K |
Current report
Material agreement, Regulation FD disclosure
|
Sep 9, 2026 | Sep 8, 2026 |
| 8-K |
Current report
Other events
|
Aug 26, 2026 | Aug 21, 2026 |
All 1004 Centerspace SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.