CEDAR REALTY TRUST (CDR-PB) Financials
Newest figures come from the filing for Q3 FY2026, filed Nov 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CDR-PB SEC filings page.
CEDAR REALTY TRUST, INC. (CDR-PB) reported $28.1M in revenue over the twelve months to Sep 30, 2026, down 8.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings.
FY2025 shows a smaller asset base carrying almost unchanged liabilities, while weaker operations and interest costs squeeze equity.
Despite a FY2025 net loss of$1.9M , operating cash flow was$8.0M , showing that reported earnings and cash generation diverged materially. Free cash flow remained positive at$4.5M after$3.5M of capital spending, so cash economics were better than the income statement alone suggests.
Balance-sheet leverage is extreme: liabilities represented
The operating model lost momentum: revenue fell
Financial Health Signals
We do not publish a peer-relative financial health score for CEDAR REALTY TRUST, INC., because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
CEDAR REALTY TRUST, INC. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
CEDAR REALTY TRUST, INC. reported a net loss of $1.9M while generating $8.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
CEDAR REALTY TRUST, INC. earns $0.87 in operating income for every $1 of interest expense ($8.0M vs $9.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
CEDAR REALTY TRUST, INC. generated $6.7M in revenue in Q3 2026. This represents a decrease of 1.8% from the same quarter a year earlier. Against the prior quarter it is up 2.3%.
CEDAR REALTY TRUST, INC.'s EBITDA was $4.3M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is up 6.9%.
CEDAR REALTY TRUST, INC. reported $328K in net income in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is up 185.2%.
CEDAR REALTY TRUST, INC. earned -$0.06 per diluted share (EPS) in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
CEDAR REALTY TRUST, INC. generated $1.5M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 95.3% from the same quarter a year earlier. Against the prior quarter it is down 36.9%.
CEDAR REALTY TRUST, INC. held $5.8M in cash against $140.4M in long-term debt as of Q3 2026.
Not reported for Q3 2026.
Margins & Returns
CEDAR REALTY TRUST, INC.'s operating margin was 37.3% in Q3 2026, reflecting core business profitability. This is up 73.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.8 percentage points.
CEDAR REALTY TRUST, INC.'s net profit margin was 4.9% in Q3 2026, showing the share of revenue converted to profit. This is up 78.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.1 percentage points.
CEDAR REALTY TRUST, INC.'s quarterly ROE was 10.7% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is up 97.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.7 percentage points.
Not reported for Q3 2026.
Capital Allocation
CEDAR REALTY TRUST, INC. invested $84K in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 80.0% from the same quarter a year earlier. Against the prior quarter it is up 300.0%.
Not reported for Q3 2026.
Not reported for Q3 2026.
CDR-PB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'26Filing | Q2'26Filing | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q1'25Filing | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.7M-1.8% | $6.6M-11.8% | $6.9M-7.3% | $7.9M-12.4% | $6.9M-15.5% | $7.5M-13.4% | $7.4M-15.4% | $9.1M+2.9% |
| SG&A Expenses | $207K-56.7% | $528K-36.6% | $590K-9.6% | $606K-1.6% | $478K-9.0% | $833K+27.8% | $653K+6.7% | $616K-26.9% |
| Operating Income | $2.5Mn/m | $2.3M+7.6% | $1.9M-54.1% | $4.2M-30.3% | -$2.5M-186.8% | $2.1M-9.7% | $4.1M+66.0% | $6.0M+162.0% |
| EBITDA | $4.3Mn/m | $4.0M-1.4% | $3.7M-39.7% | $6.0M-27.0% | -$514K-110.1% | $4.1M-12.0% | $6.1M+39.5% | $8.2M+75.5% |
| Interest Expense | $2.2M-16.1% | $2.1M-4.0% | $2.2M+10.6% | $2.3M+7.7% | $2.6M+5.3% | $2.2M-3.2% | $2.0M-8.8% | $2.1M |
| Net Income | $328Kn/m | $115Kn/m | -$291K-120.1% | $1.9M-51.5% | -$5.0M-1514.3% | -$133K | $1.4M+347.4% | $3.8M+2859.2% |
| EPS (Basic) | -$0.06n/m | -$0.03-125.0% | $0.01-98.6% | $0.07 | -$0.12n/m | $0.12n/m | $0.72n/m | $0.62n/m |
| EPS (Diluted) | -$0.06n/m | -$0.03-125.0% | $0.01-98.6% | $0.07 | -$0.12n/m | $0.12n/m | $0.72n/m | $0.62n/m |
| Diluted Shares (Avg) | 14M0.0% | 14M0.0% | 14M0.0% | N/A | 14M0.0% | 14M0.0% | 14M0.0% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.
CDR-PB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'26Filing | Q2'26Filing | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q1'25Filing | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $161.2M-10.3% | $162.2M-11.7% | $163.4M-12.5% | $165.2M-23.8% | $179.7M-21.1% | $183.7M-19.8% | $186.8M-20.1% | $216.9M-6.9% |
| Cash & Equivalents | $5.8M+64.7% | $5.1M+25.8% | $5.6M-23.9% | $5.2M-77.7% | $3.5M-79.8% | $4.1M-40.4% | $7.4M+37.9% | $23.1M+254.3% |
| Accounts Receivable | $4.3M-18.3% | $5.4M-6.5% | $5.7M+4.5% | $5.7M+0.2% | $5.2M-1.8% | $5.7M+1.1% | $5.5M-2.5% | $5.7M-11.0% |
| Total Liabilities | $158.1M-9.0% | $158.4M-1.8% | $158.6M+4.2% | $158.8M-1.2% | $173.8M+7.0% | $161.3M+0.3% | $152.2M-6.4% | $160.7M+0.7% |
| Long-Term Debt | $140.4M-8.9% | $140.3M-2.6% | $140.2M+4.5% | $140.0M-2.1% | $154.2M | $144.1M | $134.1M-5.9% | $143.0M+1.8% |
| Total Equity | $3.1M-47.6% | $3.9M-82.8% | $4.8M-86.0% | $6.4M-88.7% | $5.8M-91.0% | $22.4M-67.2% | $34.6M-51.3% | $56.2M-23.5% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Retained Earnings.
CDR-PB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'26Filing | Q2'26Filing | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q1'25Filing | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.6M+33.4% | $2.4M+35.3% | $2.3M+3.1% | $2.8M-25.8% | $1.2M-28.7% | $1.8M-12.2% | $2.3M+9.3% | $3.7M+11.6% |
| Depreciation & Amortization | $1.8M-6.5% | $1.8M-10.8% | $1.8M-9.6% | $1.8M-18.1% | $1.9M-14.7% | $2.0M-14.3% | $2.0M+4.4% | $2.2M-7.8% |
| Capital Expenditures | $84K-80.0% | $21K-98.5% | $629K+34.7% | $1.3M-22.4% | $420K-90.7% | $1.4M-59.3% | $467K-77.8% | $1.6M-51.6% |
| Free Cash Flow | $1.5M+95.3% | $2.4M+488.1% | $1.7M-5.1% | $1.5M-28.4% | $769Kn/m | $405Kn/m | $1.8Mn/m | $2.1Mn/m |
| Investing Cash Flow | -$84Kn/m | -$21Kn/m | -$629K-103.9% | $15.6M-3.6% | -$420K-104.5% | -$1.4M-159.9% | $16.2Mn/m | $16.2Mn/m |
| Financing Cash Flow | -$1.1Mn/m | -$1.2Mn/m | -$1.3Mn/m | -$15.7Mn/m | -$1.7Mn/m | -$2.4Mn/m | -$33.0Mn/m | -$13.3Mn/m |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
CDR-PB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'26Filing | Q2'26Filing | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q1'25Filing | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 37.3%+73.0pp | 34.4%+6.2pp | 27.7%-28.2pp | 52.6%-13.5pp | -35.8%-70.6pp | 28.2%+1.2pp | 56.0%+27.4pp | 66.1%+40.2pp |
| Net Margin | 4.9%+78.5pp | 1.8%+3.5pp | -4.2%-23.7pp | 23.5%-18.9pp | -73.7%-78.1pp | -1.8% | 19.5%+15.8pp | 42.5%+41.0pp |
| Return on Equity | 10.7%+97.0pp | 3.0%+3.6pp | -6.0%-10.2pp | 29.3%+22.5pp | -86.4%-86.9pp | -0.6% | 4.2%+3.7pp | 6.8%+6.7pp |
| Return on Assets | 0.2%+3.0pp | 0.1%+0.1pp | -0.2%-0.9pp | 1.1%-0.6pp | -2.8%-3.0pp | -0.1% | 0.8%+0.6pp | 1.8%+1.7pp |
| Debt-to-Equity | 45.79+19.4x | 36.40+30.0x | 28.92+25.0x | 22.00+19.5x | 26.37 | 6.42 | 3.88+1.9x | 2.54+0.6x |
| Liabilities-to-Equity | 51.57+21.8x | 41.09+33.9x | 32.73+28.3x | 24.96+22.1x | 29.73+27.2x | 7.19+4.8x | 4.40+2.1x | 2.86+0.7x |
| Asset Turnover | 0.040.0x | 0.040.0x | 0.040.0x | 0.050.0x | 0.040.0x | 0.040.0x | 0.040.0x | 0.040.0x |
| FCF Margin | 22.3%+11.1pp | 36.2%+30.8pp | 24.7%+0.6pp | 18.8%-4.2pp | 11.2%+46.1pp | 5.4%+21.1pp | 24.1%+24.6pp | 23.0%+23.4pp |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio.
Where CEDAR REALTY TRUST, INC. Ranks
Frequently Asked Questions
CEDAR REALTY TRUST, INC. (CDR-PB) reported $29.7M in total revenue for fiscal year 2025. This represents a -14.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
CEDAR REALTY TRUST, INC. (CDR-PB) revenue declined by 14.1% year-over-year, from $34.5M to $29.7M in fiscal year 2025.
Yes, CEDAR REALTY TRUST, INC. (CDR-PB) reported a net income of $2.0M over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net loss of $1.9M, with a net profit margin of -6.3%.
CEDAR REALTY TRUST, INC. (CDR-PB) had EBITDA of $15.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, CEDAR REALTY TRUST, INC. (CDR-PB) had $5.2M in cash and equivalents against $140.0M in long-term debt.
CEDAR REALTY TRUST, INC. (CDR-PB) had an operating margin of 26.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
CEDAR REALTY TRUST, INC. (CDR-PB) had a net profit margin of -6.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
CEDAR REALTY TRUST, INC. (CDR-PB) has a return on equity of -29.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
CEDAR REALTY TRUST, INC. (CDR-PB) generated $4.5M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
CEDAR REALTY TRUST, INC. (CDR-PB) generated $8.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
CEDAR REALTY TRUST, INC. (CDR-PB) had $165.2M in total assets as of fiscal year 2025, including both current and long-term assets.
CEDAR REALTY TRUST, INC. (CDR-PB) invested $3.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
CEDAR REALTY TRUST, INC. (CDR-PB) had a debt-to-equity ratio of 22.00 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
CEDAR REALTY TRUST, INC. (CDR-PB) had a liabilities-to-equity ratio of 24.96 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
CEDAR REALTY TRUST, INC. (CDR-PB) had a return on assets of -1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
CEDAR REALTY TRUST, INC. (CDR-PB) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
CEDAR REALTY TRUST, INC. (CDR-PB) reported a net loss of $1.9M while generating $8.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
CEDAR REALTY TRUST, INC. (CDR-PB) has an interest coverage ratio of 0.87x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.