Seaport Entertainment Group Q2 FY26 net loss narrows 29.2% to $10.5 million; revenue falls 13.8% to $34.29 million

Reuters2026/08/05 20:38

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Seaport Entertainment Group posted Q2 net loss of USD 10.11 million, narrowing 29.9% year over year.
Revenue fell 13.8% to USD 34.29 million, reflecting a drop in hospitality revenue to USD 7.02 million.
Net loss attributable to common stockholders improved 29.2% to USD 10.46 million, or USD 0.82 per share.
Non-GAAP adjusted net income attributable to common stockholders swung to USD 320,000, or USD 0.02 per share.
Management said each segment was profitable for the first time; Nike lease termination brought in USD 3.7 million, enabling Pier 17 Event Space buildout.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seaport Entertainment Group Inc. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Seaport Entertainment Group Q2 FY26 net loss narrows 29.2% to $10.5 million; revenue falls 13.8% to $34.29 million

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