---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-022217"
form_type: "8-K"
ticker: "PRSI"
cik: "0000079661"
company_name: "PORTSMOUTH SQUARE INC"
filed_at: "2026-05-11T19:56:02+00:00"
generated_at: "2026-05-11T19:57:26.511654+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Portsmouth Square Q3 hotel rev +35% to $16.5M; posts net income $0.57M vs loss

## Summary
- Hotel revenues $16.497M, up 35% YoY; RevPAR $287 vs $215, ADR $306 vs $241, occupancy 94% vs 89%.
- GAAP net income $0.571M vs net loss $0.712M YoY; hotel operating income (before interest, D&A) $5.123M vs $2.525M.
- Hotel revenues exceeded Q1 2019 pre-pandemic level by ~$1.028M; management cites SF recovery and Super Bowl demand.
- Cash and restricted cash $11.8M; going concern uncertainty alleviated after March 2025 refinancing.
- Nine-month GAAP net loss narrowed to $4.305M from $6.620M; operating cash flow $1.869M.

## SEC filing metadata
- accession: 0001493152-26-022217
- form_type: 8-K
- ticker: PRSI
- cik: 0000079661
- company_name: PORTSMOUTH SQUARE INC
- filed_at: 2026-05-11T19:56:02+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/79661/000149315226022217/0001493152-26-022217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/79661/000149315226022217/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-022217
- JSON: https://secwatch.observer/filing/0001493152-26-022217.json
- Plain text: https://secwatch.observer/filing/0001493152-26-022217.txt

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