---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-134804"
form_type: "8-K"
ticker: "SRG"
cik: "0001628063"
company_name: "Seritage Growth Properties"
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:10:20.853866+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Seritage reports 2025 net loss $73.1M; raises going concern doubt

## Summary
- Q4 net loss $6.3M ($0.11 per share); full year net loss $73.1M ($1.30 per share).
- Generated $230.7M gross proceeds from sales in 2025; repaid $190M debt, leaving $50M term loan maturing July 2026.
- Company says insufficient cash and proceeds to meet obligations, creating substantial doubt about going concern.
- Recognized $18.8M impairment on consolidated properties and $8.5M other-than-temporary impairment on unconsolidated entity.
- Multiple securities class action and derivative lawsuits filed; company intends to vigorously defend.

## SEC filing metadata
- accession: 0001193125-26-134804
- form_type: 8-K
- ticker: SRG
- cik: 0001628063
- company_name: Seritage Growth Properties
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628063/000119312526134804/0001193125-26-134804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628063/000119312526134804/srg-20260331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-134804
- JSON: https://secwatch.observer/filing/0001193125-26-134804.json
- Plain text: https://secwatch.observer/filing/0001193125-26-134804.txt

## Key facts
- Earnings Releases
  Seritage Growth Properties reported the year ended December 31, 2025 results: net income ($73.1) million, EPS ($1.30) per share.
  - Period: the year ended December 31, 2025
  - Net income: ($73.1) million
  - EPS: ($1.30) per share
  - Result: reported results
  source text: Net loss attributable to common shareholders of ($6.3) million, or ($0.11) per share and ($73.1) million, or ($1.30) per share for the three and twelve months ended December 31, 2025, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1628063/000119312526134804/0001193125-26-134804-index.htm
- Earnings Releases
  Seritage Growth Properties reported the three months ended December 31, 2025 results: net income ($6.3) million, EPS ($0.11) per share.
  - Period: the three months ended December 31, 2025
  - Net income: ($6.3) million
  - EPS: ($0.11) per share
  - Result: reported results
  source text: Net loss attributable to common shareholders of ($6.3) million, or ($0.11) per share and ($73.1) million, or ($1.30) per share for the three and twelve months ended December 31, 2025, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1628063/000119312526134804/0001193125-26-134804-index.htm

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