The financials
CBL & Associates Properties, Inc. by the numbers
CBL & Associates Properties, Inc. (CBL) reported revenue of $146M in Q1 2026 (quarter ended March 31, 2026), up 3.0% from the same quarter a year earlier. That came with net income of $46M (32% of revenue). For the full year FY2025, revenue was $578M (+12% year on year) and net income $136M. Its largest segment in 2026-Q2 was Malls at $1.8M, 88% of the disclosed total, just ahead of Lifestyle Centers at 8.4%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $146M | $142M | +3.0% |
| Operating income | $35M | $20M | +70% |
| Net income | $46M | $8.8M | +429% |
| Diluted EPS | $1.48 | $0.27 | +448% |
| Operating | Revenue | Share |
|---|---|---|
| Malls | $1.8M | 88% |
| Lifestyle Centers | $175K | 8.4% |
| Open-Air Centers | $80K | 3.8% |
| Outlet Centers | $2K | 0.1% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.1M (-1.8%)
Malls grew +23% year on yearAll Other -167% year on year
Segment Latestquarter on quarteryear on year
- Malls$1.8M$1.8MQoQ +7.7%year on year +23%+7.7%+23%
- Lifestyle Centers$175.0K$175.0KQoQ +0.57%year on year +6.7%+0.57%+6.7%
- Open-Air Centers$80.0K$80.0KQoQ -42%year on year -10%-42%-10%
- Outlet Centers$2.0K$2.0KQoQ 0.00%year on year 0.00%0.00%0.00%
- All Other−$6.0K−$6.0KQoQ -106%year on year -167%-106%-167%