NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIPNENEarnings & Financial Report

NYSE · Real Estate · Operators of Apartment Buildings

New England Realty Associates Limited Partnership is a real estate investment entity that owns, operates and manages residential and commercial properties primarily across the U.S. New England region. Its core assets include multifamily apartments, mixed-use properties and small commercial spaces, serving tenants across Massachusetts, New Hampshire and adjacent states, delivering steady returns to unitholders via rental income and property value growth.

NEN Q4 FY2025 Key Financial Metrics

Revenue

$23.6M

Gross Profit

N/A

Operating Profit

$3.3M

Net Profit

$-1.4M

Gross Margin

N/A

Operating Margin

14.0%

Net Margin

-677.3%

YoY Growth

15.7%

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP Q4 FY2025 Financial Summary

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP reported revenue of $23.6M (up 15.7% YoY) for Q4 FY2025, with a net profit of $-1.4M (down 133.0% YoY) (-677.3% margin).

Key Financial Metrics

Total Revenue$23.6M
Net Profit$-1.4M
Gross MarginN/A
Operating Margin14.0%
Report PeriodQ4 FY2025

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP Annual Revenue by Year

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP annual revenue history includes year-by-year totals (for example, 2025 revenue was $89.2M).

YearAnnual Revenue
2025$89.2Mvs 2024
2024$80.5Mvs 2023
2023$589.0Kvs 2022
2022$733.1K

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP Quarterly Revenue & Net Profit History

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$23.6M+15.7%$-1.4M-677.3%
Q3 FY2025$23.7M+17.2%$-521.8K-2.2%
Q2 FY2025$21.2M+5.9%$4.1M19.5%
Q1 FY2025$20.7M+4.0%$3.8M18.3%
Q4 FY2024$20.4M+3.3%$4.2M20.7%
Q3 FY2024$20.2M+6.6%$3.9M19.3%
Q2 FY2024$20.1M+10.8%$4.1M20.3%
Q1 FY2024$19.9M+12.4%$3.5M17.4%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$19.9M$20.1M$20.2M$20.4M$20.7M$21.2M$23.7M$23.6M
YoY Growth12.4%10.8%6.6%3.3%4.0%5.9%17.2%15.7%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$381.2M$383.7M$387.4M$393.5M$385.2M$494.8M$492.9M$505.3M
Liabilities$450.2M$450.7M$452.8M$455.9M$456.6M$563.7M$563.9M$579.5M
EquityN/AN/AN/AN/AN/AN/AN/AN/A

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$6.1M$5.4M$8.5M$31.9M$5.5M$12.5M$2.3M$27.7M