The financials
Urban Edge Properties by the numbers
Urban Edge Properties (UE) reported revenue of $133M in Q1 2026 (quarter ended March 31, 2026), up 12% from the same quarter a year earlier. That came with net income of $23M (17% of revenue). For the full year FY2025, revenue was $472M (+6.1% year on year) and net income $94M. Its largest product in 2026-Q2 was Property Rentals at $84M, 72% of the disclosed total, just ahead of Tenant Expense Reimbursements at 28%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $133M | $118M | +12% |
| Operating income | $42M | $28M | +54% |
| Net income | $23M | $8.2M | +176% |
| Diluted EPS | $0.18 | $0.07 | +157% |
| Product | Revenue | Share |
|---|---|---|
| Property Rentals | $84M | 72% |
| Tenant Expense Reimbursements | $32M | 28% |
| Product And Service Other | $136K | 0.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $115.9M (-11%)
Property Rentals grew +4.9% year on yearProduct And Service Other -21% year on year
Segment Latestquarter on quarteryear on year
- Property Rentals$83.8M$83.8MQoQ +3.6%year on year +4.9%+3.6%+4.9%
- Tenant Expense Reimbursements$31.9M$31.9MQoQ -21%year on year +1.6%-21%+1.6%
- Product And Service Other$136.0K$136.0KQoQ -98%year on year -21%-98%-21%