Seaport Entertainment Q1 net loss $44M ($3.47/sh) vs $31.9M; adjusted loss narrows

Seaport Entertainment Group Inc.

2026-Q1 EPS reported -$3.47 revenue$12,737,000

Q1 2026 revenues $12.7M (-20.7% YoY); net loss $43.8M ($3.47/sh) vs $31.5M loss YoY.
Adjusted net loss improved 21.4% to $17.9M ($1.41/sh) from $22.8M.
Sold 250 Water Street site for $143M; net proceeds $76.1M after repaying $61.3M debt.
Executed 5-year lease with Lux Entertainment for Balloon Museum flagship in Tin Building.
Opened Sadie's restaurant and transitioned GITANO NYC to lease at Pier 17.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Seaport Entertainment Group Inc. reported the quarter ended March 31, 2026 results: net income ($44.1) million, EPS ($3.47) per basic and diluted share.

Period: the quarter ended March 31, 2026
Net income: ($44.1) million
EPS: ($3.47) per basic and diluted share
Result: reported results

Exact text from the filing

Q1 2026 Net Loss Attributable to Common Stockholders increased 38.3% year-over-year to ($44.1) million and, on a per share basis, increased 38.2% year-over-year to ($3.47) per basic and diluted share.

View on SEC.gov

Browse all earnings releases →

Seaport Entertainment Group Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-056308

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.