)
Visual
test
Instone Real Estate Group
Instone Real Estate Group (INS) investor relations material
Instone Real Estate Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Retail sales grew 88% year-over-year in 9M 2025, marking the strongest private customer business since 2022, while the first institutional deal of €55 million was closed and further deals are in advanced negotiation.
Project acquisitions with GDV over €1.1 billion secured year-to-date, with a diversified portfolio of 46 projects and 14,187 units totaling €7.1 billion GDV as of 30/09/2025.
Strategy is increasingly focused on buy-to-let investors, leveraging favorable tax incentives and strong demand.
Project portfolio remains concentrated in major German metropolitan regions, with 98% of projects in these areas.
Financial highlights
Adjusted revenues for 9M 2025 were €347.5 million, down 9.6% year-over-year, with gross margin at 23.9% and adjusted earnings after tax at €21.4 million.
Q3 2025 revenues were €116.5 million, a 7.3% decrease from Q3 2024; EBIT for Q3 was €6.3 million, and EAT margin at 3.6%.
Sales contract volume rose to €229 million (450 units), up from €156.6 million (336 units) in the prior year period.
Liquidity at end of Q3 exceeded €220 million, with net corporate cash of €150 million and net financial debt at €159.7 million.
Free cash flow was €-25.7 million, a significant decline from €132.4 million in the previous year.
Outlook and guidance
Full-year 2025 guidance confirmed: sales contract volume above €500 million, adjusted revenues in the lower half of €500–600 million, gross margin around 23%, and adjusted EAT of €25–35 million.
Expecting 10 sales launches in 2025, with further increase in 2026 and a target of €2 billion GDV in acquisitions by end of 2026.
Demand is expected to rebound but not to pre-crisis levels in 2025.
What was the net cash impact of Westville sale?
Drivers of project gross profit margin improvement?
What caused the sharp decline in operating cash flow?
What specific investor challenges slow B2B deals?
Detail the ramp-up strategy for B2C sales volume.
What is the strategic value of project flexibility?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 7 FebSBIN
Q3 FY26 net profit hit ₹21,028.15 crore, driven by robust growth and strategic divestments. - 7 FebGICRE
Net profit for the nine months surged to ₹6,62,217 lakhs, with a robust solvency ratio of 3.87. - 7 Feb517271
Strong revenue and profit growth, interim dividend, and major investments approved. - 7 Feb514167
Quarterly and nine-month results reflect solid revenue, profit, and compliance with new labour codes. - 7 FebMGL
Strong revenue growth offset by lower margins and profit; interim dividend declared. - 7 FebPGIL
Strong revenue and margin growth, with India set for further expansion and upgraded ratings. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus.
Next Instone Real Estate Group earnings date
Q4 202517 Mar, 2026
Instone Real Estate Group
Next Instone Real Estate Group earnings date
Q4 202517 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Instone Real Estate Group SE is a German real estate developer focused on residential properties. The company is involved in various aspects of real estate development, including the construction of new apartment buildings, urban residential quarters, and the renovation of heritage-protected properties. Additionally, Instone repurposes former military and industrial sites into residential spaces. Their projects are primarily located in metropolitan areas across Germany. The company is headquartered in Essen, Germany, and its shares are listed on the Frankfurt Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage