American Realty Investors swings to $0.6 million Q1 net loss, or $0.03 per share
American Realty Investors reported a net loss attributable to common shares of $0.6 million, or $0.03 per share, for the quarter ended March 31, 2026, compared with net income of $3.0 million, or $0.18 per share, a year earlier. Revenue rose $0.3 million to $12.3 million, but a net operating loss that widened to $2.2 million and a $3.5 million drop in gains and write-downs, which the company tied to a 2025 land condemnation at Windmill Farms, pushed results into the red for shareholders.
Key points
- Net loss attributable to common shares of $0.6 million, or $0.03 per share, in Q1 2026, versus net income of $3.0 million, or $0.18 per share, in Q1 2025.
- Total revenue rose $0.3 million to $12.3 million, with commercial properties up $0.7 million and multifamily down $0.3 million.
- Net operating loss widened to $2.2 million from $0.8 million, mainly due to a $1.4 million increase in operating expenses at lease-up properties.
- Total occupancy was 81% at March 31, 2026: 93% at multifamily properties and 58% at commercial properties.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.