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Feb 17, 2026 4:21 PM

Centerspace Announces Financial and Operating Results for the Year Ended December 31, 2025 and Provides 2026 Financial Outlook

MINNEAPOLIS, Feb. 17, 2026 /PRNewswire/ -- Centerspace (NYSE:CSR) (the "Company") announced today its financial and operating results for the year ended December 31, 2025. The tables below show Net Income (Loss), Funds from Operations ("FFO")1, and Core FFO1, all on a per diluted share basis, for the year ended December 31, 2025; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted Average Occupancy, Lease Rate Growth, and Resident Retention for each of the three months ended December 31, 2025, September 30, 2025, and December 31, 2024, and the twelve months ended December 31, 2025 and 2024.

Three Months Ended December 31,

Twelve Months Ended December 31,

Per Common Share

2025

2024

2025

2024

Net income (loss) per share - diluted

$                  (1.10)

$                  (0.31)

$                    1.02

$                  (1.27)

FFO - diluted(1)

$                    1.14

$                    1.09

$                    4.74

$                    4.49

Core FFO - diluted(1)

$                    1.25

$                    1.21

$                    4.93

$                    4.88

 

Year-Over-Year Comparison

Sequential

Comparison

YTD

Comparison

Same-Store Results(2)

Q4 2025 vs Q4 2024

Q4 2025 vs Q3 2025

CY 2025 vs. CY 2024

Revenues

1.0 %

(0.8) %

2.4 %

Expenses

(5.1) %

(7.4) %

0.6 %

NOI(1)

4.8 %

3.3 %

3.5 %

 

Three months ended

Twelve months ended

Same-Store Results(2)

December 31, 2025