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Easterly Government Properties, Inc. 10-Q Filings

DEA NYSE

Every 10-Q that Easterly Government Properties, Inc. (DEA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow DEA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DEA filings page.

Rhea-AI Summary

Easterly Government Properties focuses on Class A properties leased mainly to U.S. Government agencies. As of June 30, 2026, it wholly owned 96 operating properties and held interests in 10 more through a joint venture, totaling about 10.7 million leased square feet, with operating properties 98% leased. Approximately 86.3% of annualized lease income comes from U.S. Government tenants, 8.4% from state and local governments, and 5.3% from private tenants.

For the quarter ended June 30, 2026, total revenues were $92,417 thousand versus $84,234 thousand a year earlier. Net income was $3,158 thousand, with diluted EPS of $0.06, compared with $4,254 thousand and $0.09 in the prior-year quarter. Net cash provided by operating activities for the first six months of 2026 was $71,916 thousand, up from $62,298 thousand in the first half of 2025.

Total assets were $3,416,399 thousand and total debt principal was $1,707,185 thousand as of June 30, 2026. During the first half of 2026, the company acquired a three-building campus in Glen Allen, Virginia for $44,623 thousand, which contributed $3,300 thousand of revenue and $800 thousand of net income. It also established a new $200,000 thousand 2026 term loan facility and issued 891,113 shares under its ATM program for net proceeds of $20,971 thousand. Dividends declared were $0.45 per share in the quarter and $0.90 year-to-date, compared with $1.11 for the first half of 2025.

Rhea-AI Summary

Easterly Government Properties, Inc. reports Q1 2026 results with total revenues of $91.5M, up from $78.7M a year earlier, while net income fell to $1.4M from $3.3M. Higher property, tax and depreciation expenses, plus increased interest costs, compressed profitability.

The company acquired a three-building portfolio near Richmond, Virginia for $44.6M, helping lift real estate assets to $2.74B. Its portfolio of 106 operating properties, mostly leased to U.S. Government agencies, was 97% leased as of March 31, 2026, supporting annualized lease income of about $393.2M.

Operating cash flow rose to $27.3M, funding development, construction lending and dividends. Debt totaled $1.71B, including a $245.1M revolver balance and multiple long-term notes and mortgages. The quarterly dividend declared was $0.45 per share, down from $0.66 in the prior-year quarter.

Rhea-AI Summary

Easterly Government Properties reported Q3 2025 results. Total revenues were $86.2 million, up from $74.8 million a year ago, driven mainly by higher rental income of $82.2 million. Net income available to the company was $1.2 million, or $0.02 per diluted share, reflecting higher depreciation, operating costs, and interest expense, plus a $2.5 million impairment.

Through the first nine months, the company closed three acquisitions for $169.9 million and sold ICE – Otay for approximately $3.5 million. As of September 30, 2025, the portfolio was 97% leased across 92 wholly owned operating properties and 10 properties in a joint venture; operating cash flow for the nine months totaled $217.3 million.

Debt totaled $1.64 billion, including a $170.9 million draw on the 2024 revolving credit facility, $300.0 million of term loans, $1.03 billion of notes, and $152.9 million of mortgages. The quarterly dividend declared was $0.45 per share. The company effected a 1-for-2.5 reverse stock split on April 28, 2025, and reduced authorized shares to 80,000,000 on May 8, 2025.