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Portsmouth Square, Inc. Reports Third Quarter Fiscal 2026 Results; Hotel Operating Results Improve Year‑Over‑Year as San Francisco Recovery Progresses

$PRSIPress releaseMay 11, 2026, 3:55 PM ETRead the release

Portsmouth Square, Inc. reported Q3 fiscal 2026 hotel revenues of $16.497 million, a 35% increase from $12.210 million in the prior year. The company's GAAP net income was $0.571 million, compared to a net loss of $0.712 million in Q3 2025, marking a significant improvement. Key operating metrics also showed year-over-year gains: ADR increased to $306 from $241, occupancy rose to 94% from 89%, and RevPAR improved to $287 from $215.

Key figures

Eps
0
Eps Beat
0
Revenue Yoy
35%
Adr
306
Revpar
287
Insurance
218000
Occupancy
94
Utilities
496000
Net income
571000
Revpar yoy
72
Occupancy yoy
5
Utilities yoy
98000
Real estate taxes
540000
Real estate taxes yoy
62000
Segment operating expenses
10120000
Net income from hotel operations
884000
Hotel operating income before interest depreciation amortization
5123000

AI analysis

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