DEA · Easterly Government Properties, Inc.

Summary

Revenue and gross profit grew 16.4% and 16.6% year-over-year from rental income increases driven by six operating properties acquired and one development placed in service since Q1 2025, while net income declined 56.3% due to higher corporate G&A and credit loss provisions.

Key takeaways

• Gross profit increased to $71.0M from $60.9M, a 16.6% rise, with gross margin stable at 77.6%.
• Diluted EPS declined 71.4% to $0.02 from $0.07.
• Net cash from operating activities rose to $27.3M from $24.2M, supporting liquidity for acquisitions and debt maturities.