STRW · Strawberry Fields REIT, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $39.98M | - | $39.71M | $37.86M | $37.33M | - | $29.46M | $29.27M | $27.83M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $2.52M | - | $1.49M | $2.00M | $2.20M | - | $1.43M | $2.10M | $1.54M | - |
| Total Operating Expenses | $17.84M | - | $17.24M | $17.25M | $17.13M | - | $13.43M | $13.97M | $13.55M | - |
| D&A | $11.45M | - | $9.18M | $8.70M | $11.27M | - | $7.13M | $7.02M | $8.10M | - |
| Operating Income | $22.14M | - | $22.47M | $20.62M | $20.21M | - | $16.03M | $15.30M | $14.29M | - |
| Interest Expense | $12.67M | - | $13.60M | $11.95M | $13.22M | - | $9.13M | $8.26M | $8.29M | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | $2.28M | - | $2.02M | $1.96M | $1.58M | - | $944.0K | $938.0K | $746.0K | - |
| EPS - Basic | $0.17 | - | $0.16 | $0.16 | $0.13 | - | $0.14 | $0.14 | $0.12 | - |
| EPS - Diluted | $0.17 | - | $0.16 | $0.16 | $0.13 | - | $0.14 | $0.14 | $0.12 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $36.55M | $31.81M | $19.80M | $96.32M | $42.31M | $48.37M | $29.29M | $16.12M | $15.14M | $12.17M |
| Accounts Receivable | - | - | - | - | - | - | - | - | $17.30M | $17.70M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $878.63M | $885.23M | $880.64M | $897.25M | $834.85M | $787.59M | $661.54M | $635.87M | $634.92M | $616.79M |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $791.43M | $794.65M | $779.36M | $794.12M | $715.48M | $673.93M | $584.51M | $554.96M | $560.35M | $539.14M |
| Total Liabilities | $828.00M | $834.70M | $818.02M | $830.63M | $747.65M | $704.02M | $606.33M | $585.21M | $586.70M | $569.52M |
| Stockholders' Equity | $12.23M | $12.11M | $14.25M | $15.49M | $19.62M | $18.17M | $12.61M | $7.44M | $7.49M | $7.51M |
| Retained Earnings | $1.37M | $1.23M | $1.31M | $1.38M | $1.16M | $1.29M | $1.34M | $1.30M | $1.20M | $1.23M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $17.49M | - | - | - | $18.97M | - | - | - | $2.13M | - |
| Investing Cash Flow | ($157.0K) | - | - | - | ($28.76M) | - | - | - | ($17.57M) | - |
| Financing Cash Flow | ($14.44M) | - | - | - | ($12.77M) | - | - | - | $16.42M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 55.4% | - | 56.6% | 54.5% | 54.1% | - | 54.4% | 52.3% | 51.3% | - |
| EBITDA margin | 84.0% | - | 79.7% | 77.4% | 84.3% | - | 78.6% | 76.2% | 80.4% | - |
| Net margin | 5.7% | - | 5.1% | 5.2% | 4.2% | - | 3.2% | 3.2% | 2.7% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 6.3% | - | 3.8% | 5.3% | 5.9% | - | 4.8% | 7.2% | 5.5% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | 0.3% | - | 0.2% | 0.2% | 0.2% | - | 0.1% | 0.1% | 0.1% | - |
| Return on equity | 18.6% | - | 14.2% | 12.6% | 8.1% | - | 7.5% | 12.6% | 10.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 64.73 | 65.64 | 54.70 | 51.26 | 36.47 | 37.09 | 46.34 | 74.61 | 74.81 | 71.82 |
| Debt / Assets | 0.90 | 0.90 | 0.88 | 0.89 | 0.86 | 0.86 | 0.88 | 0.87 | 0.88 | 0.87 |
| Debt / EBITDA | 23.56 | - | 24.62 | 27.09 | 22.73 | - | 25.23 | 24.87 | 25.03 | - |
| Interest coverage | 1.7x | - | 1.7x | 1.7x | 1.5x | - | 1.8x | 1.9x | 1.7x | - |
| Equity multiplier | 71.86 | 73.12 | 61.80 | 57.92 | 42.56 | 43.35 | 52.45 | 85.49 | 84.77 | 82.16 |
| Liabilities / Assets | 0.94 | 0.94 | 0.93 | 0.93 | 0.90 | 0.89 | 0.92 | 0.92 | 0.92 | 0.92 |
| Efficiency | ||||||||||
| Asset turnover | 0.05 | - | 0.05 | 0.04 | 0.04 | - | 0.04 | 0.05 | 0.04 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | 227d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 70.0x | - | 76.9x | 65.9x | 91.6x | - | 90.6x | 81.5x | 66.3x | - |
| P / B | 13.0x | - | 11.2x | 8.5x | 7.4x | - | 7.0x | 9.9x | 6.9x | - |
| P / S | 4.0x | - | 4.0x | 3.5x | 3.9x | - | 3.0x | 2.5x | 1.9x | - |
| EV / EBITDA | 27.2x | - | 29.0x | 28.3x | 26.0x | - | 27.8x | 27.5x | 26.7x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.1% | - | 34.8% | 29.3% | 34.1% | - | 14.3% | 20.4% | 14.8% | - |
| Revenue CAGR (3y) | 18.1% | - | 17.9% | 25.1% | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 9.6% | - | 40.2% | 34.8% | 41.4% | - | 22.8% | 22.2% | 50.5% | - |
| Net income growth (YoY) | 43.9% | - | 113.7% | 108.5% | 112.3% | - | 60.3% | 34.4% | 50.7% | - |
| EPS growth (YoY) | 30.8% | - | 14.3% | 14.3% | 8.3% | - | 55.6% | 27.3% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -37.7% | -33.4% | 13.0% | 108.3% | 161.9% | 142.0% | 50.9% | -8.2% | -4.7% | -3.6% |
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing Strawberry Fields REIT against the 5 most active filers in the same SIC group.
Dividends
$0.62/share trailing 12 months · +14.8% YoY
| Ex-date | Per share |
|---|---|
| Mar 17, 2026 | $0.1600 |
| Dec 16, 2025 | $0.1600 |
| Sep 16, 2025 | $0.1600 |
| Jun 16, 2025 | $0.1400 |
| Mar 17, 2025 | $0.1400 |
| Dec 16, 2024 | $0.1400 |
| Sep 16, 2024 | $0.1300 |
| Jun 17, 2024 | $0.1300 |
| Mar 20, 2024 | $0.1200 |
| Dec 14, 2023 | $0.1200 |
| Sep 14, 2023 | $0.1100 |
| Jun 15, 2023 | $0.1100 |
| Mar 17, 2023 | $0.1100 |