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Cedar Realty Trust Inc (CDR) Financials

CDR
Trailing 12 months to June 30, 2026
Revenue $28.2M -11.9% YoY
Net Income -$3.4M -160.9% YoY
EPS (Diluted) $0.79 FY2025 annual
Operating Cash Flow $8.7M -7.8% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CDR SEC filings page.

Cedar Realty Trust Inc (CDR) reported $28.2M in revenue over the twelve months to Jun 30, 2026, down 11.9% 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 (10-K and 10-Q reports).

Rhea AI CDR FY2025

Debt now dominates a shrinking equity base, while operating profitability remains positive but no longer converts cleanly into net earnings.

After a FY2024 peak, operating margin fell to 26.9% in FY2025 as revenue contracted to $29.7M, indicating weaker scale absorption rather than a steadily improving cost structure. Operating cash flow nearly matched operating income at about $8.0M in FY2025, but interest expense was $9.1M, so positive operating profit did not reach bottom-line earnings.

By FY2025, assets had fallen to $165.2M while liabilities remained $158.8M, leaving little equity cushion; debt-to-equity reached 22.0x. The balance sheet therefore became materially more leveraged even as reported long-term debt stayed broadly stable.

FY2022 reported net income of $44.0M despite an operating loss of -$68.1M, showing that earnings were not a reliable readout of the core operation that year. An investing cash inflow of $676.8M further indicates that capital movements substantially shaped reported results.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Cedar Realty Trust Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial
4/7

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, both operating efficiency signals pass.

Earnings Quality Mixed
N/A

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.

Interest Coverage At Risk
0.87x

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

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Earnings & Revenue

Revenue
$6.6M
YoY-11.8%
QoQ-4.3%
5Y CAGR-9.5%
10Y CAGR-16.1%

Cedar Realty Trust Inc generated $6.6M in revenue in Q2 2026. This represents a decrease of 11.8% from the same quarter a year earlier. Against the prior quarter it is down 4.3%.

EBITDA
$4.0M
YoY-1.4%
QoQ+9.4%

Cedar Realty Trust Inc's EBITDA was $4.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1.4% from the same quarter a year earlier. Against the prior quarter it is up 9.4%.

Net Income
$115K
YoY+186.5%
QoQ+139.5%
5Y CAGR-70.5%
10Y CAGR-31.3%

Cedar Realty Trust Inc reported $115K in net income in Q2 2026. This represents an increase of 186.5% from the same quarter a year earlier. Against the prior quarter it is up 139.5%.

EPS (Diluted)
-$0.03
YoY-125.0%
QoQ-400.0%

Cedar Realty Trust Inc earned -$0.03 per diluted share (EPS) in Q2 2026. This represents a decrease of 125.0% from the same quarter a year earlier. Against the prior quarter it is down 400.0%.

Cash & Balance Sheet

Cash & Debt
$5.1M
YoY+25.8%
QoQ-8.6%
5Y CAGR-1.8%
10Y CAGR+6.8%

Cedar Realty Trust Inc held $5.1M in cash against $140.3M in long-term debt as of Q2 2026.

Shares Outstanding
14M
YoY0.0%
QoQ0.0%
5Y CAGR0.0%
10Y CAGR-16.7%

Cedar Realty Trust Inc had 14M shares outstanding in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin
34.4%
YoY+6.2pp
QoQ+6.7pp

Cedar Realty Trust Inc's operating margin was 34.4% in Q2 2026, reflecting core business profitability. This is up 6.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.7 percentage points.

Net Margin
1.8%
YoY+3.5pp
QoQ+6.0pp
10Y change-11.2pp

Cedar Realty Trust Inc's net profit margin was 1.8% in Q2 2026, showing the share of revenue converted to profit. This is up 3.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.0 percentage points.

Return on Equity
3.0%
YoY+3.6pp
QoQ+9.0pp
5Y change-6.6pp
10Y change+2.1pp

Cedar Realty Trust Inc's ROE was 3.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.0 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

CDR 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.

CDR quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$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%$8.1M-5.9%
SG&A Expenses$528K-36.6%$590K-9.6%$606K-1.6%$478K-9.0%$833K+27.8%$653K+6.7%$616K-26.9%$525K-22.7%
Operating Income$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%$2.8M-42.9%
EBITDA$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%$5.1M-33.6%
Interest Expense$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-64.0%$2.5M+22.6%
Net Income$115K+186.5%-$291K-120.1%$1.9M-51.5%-$5.0M-1514.3%-$133K-838.9%$1.4M+347.4%$3.8M+2859.2%$357K-87.8%
EPS (Basic)-$0.03-125.0%$0.01-98.6%N/A-$0.12-9.1%$0.12+163.2%$0.72+523.5%N/A-$0.11-650.0%
EPS (Diluted)-$0.03-125.0%$0.01-98.6%N/A-$0.12-9.1%$0.12+163.2%$0.72+523.5%N/A-$0.11-650.0%
Diluted Shares (Avg)14M0.0%14M0.0%N/A14M0.0%14M0.0%14M0.0%N/A14M0.0%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.

CDR 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.

CDR quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$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%$227.6M-3.1%
Cash & Equivalents$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%$17.5M+103.5%
Accounts Receivable$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%$5.3M-6.7%
Total Liabilities$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%$162.5M+2.3%
Long-Term Debt$140.3M-2.6%$140.2M+4.5%$140.0M-2.1%$154.2M$144.1M$134.1M-5.9%$143.0M+1.8%N/A
Total Equity$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%$65.1M-14.4%

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 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.

CDR quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$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%$1.7M+289.2%
Depreciation & Amortization$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%$2.3M-17.0%
Investing Cash Flow-$21K+98.5%-$629K-103.9%$15.6M-3.6%-$420K-104.5%-$1.4M-159.9%$16.2M+870.9%$16.2M+580.7%$9.2M+433.3%
Financing Cash Flow-$1.2M+51.1%-$1.3M+96.0%-$15.7M-17.8%-$1.7M+24.1%-$2.4M+41.7%-$33.0M-4321.0%-$13.3M-394.8%-$2.2M-137.3%

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

CDR 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.

CDR quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Margin34.4%+6.2pp27.7%-28.2pp52.6%-13.5pp-35.8%-70.6pp28.2%+1.2pp56.0%+27.4pp66.1%+40.2pp34.8%-22.5pp
Net Margin1.8%+3.5pp-4.2%-23.7pp23.5%-18.9pp-73.7%-78.1pp-1.8%-2.0pp19.5%+15.8pp42.5%+41.0pp4.4%-29.6pp
Return on Equity3.0%+3.6pp-6.0%-10.2pp29.3%+22.5pp-86.4%-86.9pp-0.6%-0.6pp4.2%+3.7pp6.8%+6.7pp0.5%-3.3pp
Return on Assets0.1%+0.1pp-0.2%-0.9pp1.1%-0.6pp-2.8%-3.0pp-0.1%-0.1pp0.8%+0.6pp1.8%+1.7pp0.2%-1.1pp
Debt-to-Equity36.40+30.0x28.92+25.0x22.00+19.5x26.37+23.9x6.42+4.1x3.88+1.9x2.54+0.6x2.50+0.7x
Asset Turnover0.040.0x0.040.0x0.050.0x0.040.0x0.040.0x0.040.0x0.040.0x0.040.0x

Not reported in any period shown, so not listed: Gross Margin, Current Ratio, FCF Margin.

Frequently Asked Questions

What is Cedar Realty Trust Inc's annual revenue?

Cedar Realty Trust Inc (CDR) 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.

How fast is Cedar Realty Trust Inc's revenue growing?

Cedar Realty Trust Inc (CDR) revenue declined by 14.1% year-over-year, from $34.5M to $29.7M in fiscal year 2025.

Is Cedar Realty Trust Inc profitable?

No, Cedar Realty Trust Inc (CDR) reported a net income of -$1.9M in fiscal year 2025, with a net profit margin of -6.3%.

Cedar Realty Trust Inc (CDR) reported diluted earnings per share of $0.79 for fiscal year 2025. This represents a 464.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Cedar Realty Trust Inc (CDR) 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) had $5.2M in cash and equivalents against $140.0M in long-term debt.

Cedar Realty Trust Inc (CDR) 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) 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) 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) generated $8.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Cedar Realty Trust Inc (CDR) had $165.2M in total assets as of fiscal year 2025, including both current and long-term assets.

Cedar Realty Trust Inc (CDR) had 14M shares outstanding as of fiscal year 2025.

Cedar Realty Trust Inc (CDR) had a debt-to-equity ratio of 22.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Cedar Realty Trust Inc (CDR) 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) 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) 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) 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.

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