FRP Holdings posts Q3 net loss of $165,000 as multifamily and industrial income falls
FRP Holdings reported a net loss attributable to the company of $165,000, or $(0.01) per share, for the quarter ended September 30, 2026, compared with net income of $662,000, or $0.03 per share, a year earlier. Total revenues rose 1.7% to $11.0 million, helped by a 10% increase in mining royalty revenue, but pro rata net operating income fell 5% to $9.0 million as multifamily and industrial results declined.
Key points
- Q3 2026 net loss attributable to the company of $165,000, or $(0.01) per share, versus net income of $662,000, or $0.03 per share, in Q3 2025
- Total revenues of $11.0 million, up 1.7%; mining royalty revenue rose 10%
- Pro rata NOI fell 5% to $9.0 million; multifamily pro rata NOI fell 12% to $4.0 million
- Nine-month net loss of $1,111,000, or $(0.06) per share, versus net income of $2,950,000 in the first nine months of 2025
The filing
Written by AI on Nov 9, 2026, 8:28 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 November 04, 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.