---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-056308"
form_type: "8-K"
ticker: "SEG"
cik: "0002009684"
company_name: "Seaport Entertainment Group Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:58:00.030904+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-056308
- form_type: 8-K
- ticker: SEG
- cik: 0002009684
- company_name: Seaport Entertainment Group Inc.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2009684/000110465926056308/0001104659-26-056308-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2009684/000110465926056308/seg-20260506x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-056308
- JSON: https://secwatch.observer/filing/0001104659-26-056308.json
- Plain text: https://secwatch.observer/filing/0001104659-26-056308.txt

## Source-grounded claims
- claim_id: 1cd512119eb0b136d982ed5360e7ed9f054d9d4b
  claim: 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.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2009684/000110465926056308/0001104659-26-056308-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.