Seaport Entertainment Group Q2 loss narrows 29.2%; revenue falls 13.8% to $34.3 million
Seaport Entertainment Group reported second-quarter 2026 revenue of $34.3 million, down 13.8% from $39.8 million a year earlier, while its net loss attributable to common stockholders narrowed 29.2% to $10.5 million, or $0.82 per share. For the six months, the net loss widened 16.9% to $54.6 million, and the company is 'Non-GAAP' adjusted net loss improved to $17.6 million, so shareholders see a smaller quarterly loss on lower sales.
Key points
- Q2 2026 total revenues were $34.3 million versus $39.8 million in Q2 2025, a decline of 13.8%.
- Q2 2026 net loss attributable to common stockholders was $10.5 million ($0.82 per share), compared with $14.8 million ($1.16 per share) a year earlier.
- Non-GAAP adjusted net income attributable to common stockholders was $0.3 million in Q2 2026, versus an adjusted loss of $7.4 million in Q2 2025.
- As of June 30, 2026, the company had $127.0 million in cash, cash equivalents and restricted cash and $38.1 million of debt at a fixed 4.9% rate; a conference call is set for August 6, 2026 at 8:30 AM ET.
The filing
Written by AI on Nov 9, 2026, 11:46 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 August 05, 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.