EPR Properties (EPR) Income Statement
EPR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsEPR revenue and net income
Where EPR's revenue goes
2025Each bar shows an amount and its share of revenue. EPR kept 38.3% of revenue as net income.
EPR profit margins
EPR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +12.1% | +5.6% | +12.1% | +5.5% |
| Gross profit | −44.9% | −16.7% | −1.6% | −2.1% |
| Operating income | +19.4% | +6.6% | +31.5% | +7.5% |
| Net income | +88.2% | +16.0% | — | +3.5% |
| EPS (diluted) | +27.0% | +18.9% | — | +0.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EPR quarterly EPS vs estimates
EPR Properties beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 28, 2026 (estimate $1.43).
EPR income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $718.4M | $641.0M | $659.7M | $610.6M | $512.9M | $405.5M | $652.0M | $700.7M | $576.0M | $493.2M |
| Cost of revenue | $397.5M | $59.1M | $57.5M | $56.0M | $56.7M | $58.6M | $60.7M | $30.8M | $31.7M | $22.6M |
| Gross profit | $320.9M | $581.9M | $602.2M | $554.7M | $456.1M | $346.9M | $591.2M | $670.0M | $544.3M | $470.6M |
| Research & development | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales, general & admin | $55.8M | $50.1M | $57.3M | $51.6M | $44.4M | $42.6M | $46.4M | $48.9M | $43.4M | $37.5M |
| Total operating expenses | −$56.1M | $266.2M | $295.8M | $243.7M | $177.3M | $251.0M | $234.9M | $202.8M | $176.6M | $145.1M |
| Operating income | $377.0M | $315.7M | $306.4M | $311.0M | $278.8M | $96.0M | $317.7M | $467.7M | $240.8M | $233.2M |
| Interest income | $1.4M | $2.5M | $5.9M | $132.8M | $153.2M | $162.2M | $2.2M | $367,000 | $192,000 | $96.5M |
| Interest expense | $133.1M | $130.8M | $122.1M | $131.2M | $140.6M | $153.9M | $142.0M | $135.5M | $133.1M | $97.1M |
| Income before taxes | $277.4M | $147.5M | $174.8M | $177.5M | $100.2M | −$115.0M | $151.5M | $269.3M | $265.4M | $225.5M |
| Income taxes | $2.5M | $1.4M | $1.7M | $1.2M | $1.6M | $16.8M | −$3.0M | $2.3M | $2.4M | $553,000 |
| Net income | $274.9M | $146.1M | $173.0M | $176.2M | $98.6M | −$131.7M | $154.6M | $267.0M | $263.0M | $225.0M |
| EBITDA | $579.3M | $437.7M | $464.9M | $465.2M | $404.6M | $209.2M | $460.9M | $507.5M | $487.9M | $425.6M |
| EPS (diluted) | $3.43 | $2.70 | $2.85 | $2.04 | $0.87 | −$0.60 | $2.57 | $3.79 | $3.02 | $3.20 |
| Gross margin | 44.7% | 90.8% | 91.3% | 90.8% | 88.9% | 85.6% | 90.7% | 95.6% | 94.5% | 95.4% |
| Operating margin | 52.5% | 49.2% | 46.4% | 50.9% | 54.4% | 23.7% | 48.7% | 66.7% | 41.8% | 47.3% |
| Net margin | 38.3% | 22.8% | 26.2% | 28.9% | 19.2% | −32.5% | 23.7% | 38.1% | 45.7% | 45.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $196.1M | $181.3M | $182.9M | $170.2M | $165.8M | $163.4M | $164.0M | $163.1M | $158.7M | $155.2M | $159.9M | $189.7M |
| Cost of revenue | $45,000 | $105.3M | $102.0M | $14.5M | $14.7M | $15.2M | $15.2M | $14.6M | $14.4M | $14.9M | $14.8M | $14.6M |
| Gross profit | $196.0M | $76.0M | $80.9M | $155.7M | $151.2M | $148.2M | $148.8M | $148.5M | $144.2M | $140.3M | $145.2M | $175.1M |
| Sales, general & admin | $14.0M | $14.2M | $14.6M | $14.0M | $13.2M | $14.0M | $12.2M | $11.9M | $12.2M | $18.5M | $13.8M | $13.5M |
| Total operating expenses | $89.1M | −$23.6M | −$18.1M | $58.1M | $39.9M | $46.6M | $103.6M | $55.8M | $64.9M | $41.9M | $63.9M | $87.8M |
| Operating income | $107.0M | $99.6M | $99.0M | $97.6M | $111.3M | $101.6M | $45.2M | $92.7M | $79.4M | $98.3M | $81.2M | $87.3M |
| Interest income | — | — | $36.0M | $30.3M | $34.9M | $35.7M | $36.9M | $33.7M | — | — | — | $30.7M |
| Interest expense | $38.3M | $34.8M | $33.6M | $33.2M | $33.2M | $33.0M | $33.5M | $32.9M | $32.8M | $31.7M | $30.3M | $31.2M |
| Income before taxes | $67.8M | $63.2M | $67.9M | $67.3M | $76.3M | $65.9M | −$7.7M | $46.5M | $45.7M | $63.1M | $46.2M | $56.6M |
| Income taxes | $617,000 | $614,000 | $954,000 | $725,000 | $681,000 | $136,000 | $653,000 | −$124,000 | $557,000 | $347,000 | $667,000 | $372,000 |
| Net income | $67.2M | $62.6M | $66.9M | $66.6M | $75.6M | $65.8M | −$8.4M | $46.6M | $45.1M | $62.7M | $45.5M | $56.3M |
| EBITDA | $154.6M | $142.9M | $144.9M | $142.9M | $151.7M | $140.0M | $60.4M | $122.2M | $120.0M | $135.2M | $114.4M | $148.4M |
| EPS (diluted) | $1.42 | $0.69 | $0.81 | $0.93 | $0.91 | $0.78 | $0.68 | $0.69 | $0.52 | $0.81 | $0.52 | $0.94 |
| Gross margin | 100.0% | 41.9% | 44.2% | 91.5% | 91.2% | 90.7% | 90.7% | 91.0% | 90.9% | 90.4% | 90.8% | 92.3% |
| Operating margin | 54.6% | 54.9% | 54.1% | 57.4% | 67.1% | 62.2% | 27.6% | 56.8% | 50.0% | 63.4% | 50.8% | 46.0% |
| Net margin | 34.3% | 34.5% | 36.6% | 39.1% | 45.6% | 40.3% | −5.1% | 28.6% | 28.4% | 40.4% | 28.5% | 29.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in EPR's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EPR financial results
In fiscal year 2025 (ended December 31, 2025), EPR Properties reported revenue of $718.4 million, up 12.1% from the year before. It had net income of $274.9 million (up 88.2%), a net profit margin of 38.3%. Diluted earnings per share came to $3.43. Over five years revenue grew at an average rate of 12.1% a year.
See the EPR stock overview for the latest quote and news, or the EPR chart for price history and technical indicators.
EPR income statement FAQ
What is EPR Properties's annual revenue?
EPR Properties reported total revenue of $718.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 12.1% from $641.0 million the previous year.
Is EPR Properties profitable?
Yes. EPR Properties reported net income of $274.9 million in fiscal 2025, a net profit margin of 38.3%; its operating margin was 52.5%.
What is EPR Properties's gross margin?
EPR Properties's gross margin was 44.7% in fiscal 2025: for every $100 of revenue, EPR Properties kept $45 after the direct cost of its products and services.
How fast is EPR Properties growing?
Revenue grew 12.1% a year on average over the last five fiscal years, from $405.5 million to $718.4 million.
What are EPR Properties's earnings per share?
EPR Properties earned $3.43 per diluted share in fiscal 2025, compared with $2.70 a year earlier.
When will EPR Properties report its next earnings?
EPR Properties is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does EPR Properties's fiscal year end?
EPR Properties's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.