NYSE$OZ

Belpointe Prep Llc · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

Belpointe PREP reported Q2 2025 revenue of $2.0M, a net loss of $4.7M.

For Q2 2025, Belpointe PREP reported Revenue was $2.0M, net loss was $4.7M. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $2.0M for Q2 2025.
  • Net loss $4.7M.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$2M

Previous: $384K+421.4%
EPS

-$2.06

Previous: -$1.30-58.5%
Capital Expenditures

-$44.2M

Previous: -$79.4M+44.4%
Free Cash Flow

-$51.8M

Previous: -$84.1M+38.4%
Net Income

-$7.63M

Previous: -$4.72M-61.6%
Operating Income

-$7.88M

Previous: -$4.75M-65.9%
Gross Profit

$2M

Previous: $384K+421.4%

Revenue & EPS history

Belpointe Prep · Revenue · Quarterly

$2M

Q2 2025+421.4%vs Q2 2024

Forward guidance

REIT and specialty finance outlook focuses on occupancy, spreads, and financing costs.

Tailwinds

  • Portfolio cash flows and dividend coverage.
  • Acquisition or lending pipelines.

Headwinds

  • Interest rates and credit quality.
  • Tenant or borrower stress.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.1%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.6%

Avg return

30 days after

67%

14 / 21 earnings

Positive

+2.4%

Q3 2023

Best reaction

-7.4%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.2%-0.6%-7.0%
Q4 2025-7.4%-3.0%-5.2%
Q3 2025-2.5%+0.1%+4.0%
Q2 2025+0.4%-2.7%+0.8%
Q1 2025-1.6%-2.7%-0.4%
Q3 2024-0.6%+0.4%+12.9%
Q2 2024+0.4%+5.0%+14.2%
Q1 2024-0.1%+1.6%-0.8%
Q4 2023+2.0%+2.8%-2.0%
Q2 2023+2.0%+2.8%-2.0%
Q3 2023+2.4%+3.0%+7.0%
Q1 2023+0.0%+0.4%-4.2%
Q2 2022+0.5%+0.2%-0.4%
Q4 2022+0.5%+0.2%-0.4%
Q3 2022+2.1%+5.4%+9.2%
Q2 2021+0.4%+0.6%+0.6%
Q1 2021+0.1%-0.4%-1.5%
Q1 2022+0.1%-0.4%-1.5%
Q4 2021+1.7%+6.1%+9.2%
Q3 2021+0.0%+0.0%+0.0%
Q3 2020+0.0%

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