SequelSEC

CENTERSPACE CSR

Real Estate Investment Trusts · CIK 0000798359 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$273.66M
Fiscal year ended 2025-12-31
Operating income
$64.54M
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

CENTERSPACE (CSR) reported revenue of $273.66M and net income of $17.10M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from CENTERSPACE’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Real Estate Investment Trusts.

Income

CENTERSPACE income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312018-04-302017-04-30
Revenue$273.66M$260.98M$261.31M$256.72M$201.70M$177.99M$185.76M$121.87M$169.74M$160.10M
Cost of revenue$9.64M$9.13M$9.35M$9.90M$8.75M$5.80M$6.19MUnavailable$5.53MUnavailable
Gross profit$264.02M$251.86M$251.96M$246.82M$192.95M$172.19M$179.57MUnavailable$164.22MUnavailable
Operating income$64.54M$20.48M$84.45M$13.86M$29.89M$33.84M$109.04MUnavailable-$23.70M-$30.11M
Net income$17.10M-$11.33M$41.32M-$14.11M-$29.00K$4.44M$78.67MUnavailable$116.79M$43.35M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 16.78Mshares 15.50Mshares 17.12Mshares 15.22Mshares 13.80Mshares 12.56Mshares 13.18MUnavailableshares 13.46Mshares 13.73M
Pretax incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Income tax expenseUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Diluted EPS$1.02$-1.27$2.32$-1.35$-0.47$-0.15$6.00Unavailable$8.71$2.58
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$20.92M$17.80M$20.08M$17.52M$16.21M$13.44M$14.45MUnavailable$14.25M$15.87M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

CENTERSPACE balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312018-04-302017-04-30
Cash & equivalents$12.83M$12.03M$8.63M$10.46M$31.27M$392.00K$26.58M$13.79M$11.89M$0
Total assets$1.93B$1.91B$1.93B$2.03B$1.94B$1.46B$1.39B$1.34B$1.43B$1.47B
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$1.08B$1.01B$978.78M$1.07B$918.45M$774.80M$695.96M$686.58M$732.45M$831.24M
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$839.82M$882.44M$931.02M$950.30M$996.28M$672.82M$679.90M$643.45M$687.56M$636.16M
Temporary (mezzanine) equity$5.94M$16.56M$16.56M$16.56M$25.33M$16.56M$16.56M$0$0$7.18M
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$524.00K$384.00K$267.00K$217.00K$667.00K$523.00KUnavailableUnavailableUnavailable$2.60M
Goodwill$316.00K$491.00K$491.00K$866.00K$866.00K$986.00K$1.09M$1.55M$1.55M$1.57M
Long-term debt$1.02B$955.38M$916.02M$1.01B$859.78MUnavailableUnavailable$444.20M$509.92M$565.98M
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

CENTERSPACE cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312018-04-302017-04-30
Operating cash flow$98.45M$98.25M$89.52M$91.99M$84.03M$61.23M$69.62MUnavailable$55.20M$79.05M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow-$26.87M-$50.72M$120.21M-$160.09M-$267.22M-$164.96M$7.01MUnavailable$80.11M$224.16M
Financing cash flow-$69.06M-$43.67M-$212.35M$41.37M$214.51M$64.93M-$49.77MUnavailable-$175.99M-$317.92M
Net change in cash$2.52M$3.86M-$2.62M-$26.73M$31.32M-$38.81M$26.86MUnavailable-$40.68M-$14.71M
Stock-based compensation$3.44M$3.01M$3.30M$2.62M$2.69M$2.11M$1.90MUnavailable$1.59M$6.00K
Common dividends paid$51.08M$45.79M$43.74M$44.46M$38.49M$35.04M$32.89MUnavailable$33.69M$55.91M
Common share repurchases$3.45M$4.70M$11.54M$29.06M$0$0$18.02MUnavailable$9.94M$4.50M
Depreciation & amortization$114.64M$107.65M$103.17M$106.21M$93.11M$76.60M$75.41MUnavailable$83.28M$46.14M

Derived

CENTERSPACE derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312018-04-302017-04-30
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin96.5%96.5%96.4%96.1%95.7%96.7%96.7%Unavailable96.7%Unavailable
Operating margin23.6%7.8%32.3%5.4%14.8%19.0%58.7%Unavailable-14.0%-18.8%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue1.3%1.2%1.3%1.0%1.3%1.2%1.0%Unavailable0.9%0.0%
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growth4.9%-0.1%1.8%27.3%13.3%-4.2%52.4%Unavailable6.0%Unavailable
Net margin6.2%-4.3%15.8%-5.5%-0.0%2.5%42.4%Unavailable68.8%27.1%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equity1.22xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open CSR in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-03View SEC filing
10-Q · Filed 2026-05-04View SEC filing
10-K · Filed 2026-02-17View SEC filing
10-Q · Filed 2025-11-03View SEC filing
10-Q · Filed 2025-08-04View SEC filing
10-Q · Filed 2025-05-01View SEC filing

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Reconciliation checks needing review

2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2018-12-31

Difference 5968000 exceeds tolerance 1335997.000. Presentation or filing-vintage differences need review.

balance equationreview2018-04-30

Difference 6644000 exceeds tolerance 1426658.000. Presentation or filing-vintage differences need review.