---
title: "Equity Lifestyle Properties 2Q 2026: Revenue $397.8M, Net income $96.3M, EPS $0.5— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294117432.md"
description: "Equity Lifestyle Properties reported Q2 2026 results with revenue of $397.8M and net income of $96.3M, both up year-over-year. Diluted EPS reached $0.5. Core property operating revenue grew 4.9% QoQ. While new home sales declined to 98 units, rental operations revenue increased 13%. Capital expenditure stood at $109M YTD for upgrades and restorations."
datetime: "2026-07-28T21:31:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294117432.md)
  - [en](https://longbridge.com/en/news/294117432.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294117432.md)
---

# Equity Lifestyle Properties 2Q 2026: Revenue $397.8M, Net income $96.3M, EPS $0.5— 10-Q Summary

Equity Lifestyle Properties reported results for the second quarter of 2026 with revenue of $397.8M, net income attributable to common stockholders of $96.3M and diluted EPS of $0.5, each up versus the year-ago quarter.

**Financial Highlights**

-   Revenue was $397.8M, compared with $376.9M in the prior-year quarter; YoY change 5.6%.
-   Net income was $96.3M, compared with $79.7M in the prior-year quarter; YoY change 20.8%.
-   Diluted EPS was $0.5, compared with $0.42 in the prior-year quarter; YoY change 19%.

**Business Highlights**

-   Core portfolio property operating revenue grew about 4.9% quarter-over-quarter, contributing to a 6.5% increase in income from property operations excluding management.
-   Channel shifts were evident: annual RV and marina base rents rose roughly 5.4%, while seasonal and transient RV income declined due to mix and occupancy changes.
-   New home sales volumes fell to 98 units from 117 in the prior-year quarter, but rental operations revenue increased about 13% with occupied rental units up roughly 8%.
-   Capital investment continued, with approximately $109M of capex year-to-date focused on preservation, upgrades, site development and hurricane restorations.
-   Core manufactured home occupancy remained around 93.8%, with an emphasis on converting renters to homeowners and growing membership subscription revenue.

Original SEC Filing: EQUITY LIFESTYLE PROPERTIES INC \[ ELS \] - 10-Q - Jul. 28, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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