Presidio Property Trust posts Q1 net loss of $130K vs prior-year income; revenue down 7%

Presidio Property Trust, Inc.

Net loss of ~$130K vs $1.7M income a year ago; diluted EPS -$0.10 vs +$1.31.
Total revenue $3.8M, down from $4.1M, driven by Dakota Center sale and lower commercial income.
Impairment charge of $524K (Shea Center II) and $3.4M gain on Dakota Center sale.
FFO (non-GAAP) worsened to -$2.1M from -$1.2M; Core FFO -$1.9M from -$1.0M.
CEO took 5% pay cut; board reducing one director; loan amended to lower floor rate by 1.5 points.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Presidio Property Trust, Inc. reported the quarter ended March 31, 2026 results: revenue approximately $3.8 million, net income approximately $(129,632), EPS $(0.10) per basic and diluted share.

Period: the quarter ended March 31, 2026
Revenue: approximately $3.8 million
Net income: approximately $(129,632)
EPS: $(0.10) per basic and diluted share
Result: reported results

Exact text from the filing

share for the three months ended March 31, 2025. The change in net income attributable to the Company’s common stockholders was a result of: ● Total revenues were approximately $3.8 million for the three months ended March 31, 2026, compared to approximately $4.1 million for the same period in 2025. As of March 31, 2026, we had approximately $100.5 million in net

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Presidio Property Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-024043

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