Whitestone REITWSREarnings & Financial Report
Whitestone REIT is a publicly traded real estate investment trust that acquires, owns, manages and redevelops open-air community shopping centers, primarily located in high-growth metropolitan areas across the southwestern and southeastern United States. Its property portfolio is largely anchored by daily necessity, service-focused retail tenants that cater to regular local consumer demand.
Revenue
$41.0M
Gross Profit
N/A
Operating Profit
$18.7M
Net Profit
$18.3M
Gross Margin
N/A
Operating Margin
45.5%
Net Margin
44.7%
YoY Growth
6.3%
EPS
$0.35
Whitestone REIT Q3 FY2025 Financial Summary
Whitestone REIT reported revenue of $41.0M (up 6.3% YoY) for Q3 FY2025, with a net profit of $18.3M (up 140.5% YoY) (44.7% margin).
Key Financial Metrics
| Total Revenue | $41.0M |
|---|---|
| Net Profit | $18.3M |
| Gross Margin | N/A |
| Operating Margin | 45.5% |
| Report Period | Q3 FY2025 |
Whitestone REIT Annual Revenue by Year
Whitestone REIT annual revenue history includes year-by-year totals (for example, 2025 revenue was $160.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $160.9M |
| 2024 | $154.3M |
| 2023 | $147.0M |
| 2022 | $139.4M |
Whitestone REIT Quarterly Revenue & Net Profit History
Whitestone REIT results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $43.9M | +7.5% | $22.8M | 52.0% |
| Q3 FY2025 | $41.0M | +6.3% | $18.3M | 44.7% |
| Q2 FY2025 | $37.9M | +0.7% | $5.1M | 13.3% |
| Q1 FY2025 | $38.0M | +2.3% | $3.7M | 9.7% |
| Q4 FY2024 | $40.8M | +8.8% | $17.3M | 42.5% |
| Q3 FY2024 | $38.6M | +4.0% | $7.6M | 19.7% |
| Q2 FY2024 | $37.6M | +3.3% | $2.6M | 6.9% |
| Q1 FY2024 | $37.2M | +3.7% | $9.3M | 25.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $37.2M | $37.6M | $38.6M | $40.8M | $38.0M | $37.9M | $41.0M | $43.9M |
| YoY Growth | 3.7% | 3.3% | 4.0% | 8.8% | 2.3% | 0.7% | 6.3% | 7.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.12B | $1.14B | $1.11B | $1.13B | $1.13B | $1.16B | $1.15B | $1.17B |
| Liabilities | $694.4M | $716.5M | $687.6M | $690.8M | $690.1M | $722.5M | $701.2M | $707.4M |
| Equity | $421.6M | $418.3M | $419.5M | $438.2M | $431.0M | $427.5M | $439.5M | $458.1M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $11.5M | $12.3M | $16.4M | $58.2M | $3.1M | $13.8M | $18.0M | $50.8M |