Seaport Entertainment Q4 net loss narrows to $36.9M; sells 250 Water St for $143M

Seaport Entertainment Group Inc.

Q4 net loss attr. to common stockholders ($36.9M) or ($2.89/sh), improved 11.4% YoY; revenue $29.5M (+30.4%).
Full year 2025 net loss improved 23.8% to ($116.7M); adjusted net loss ($54.1M), improved 49.2%.
Closed sale of 250 Water Street for $143M in Feb 2026; net proceeds ~$76.1M.
Board authorized $50M stock repurchase program and $150M shelf registration statement.
Leased Tin Building to Balloon Museum (Lux Entertainment) to open summer 2026; replaces Jean-Georges.

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