Presidio Property Trust, Inc. Announces Earnings for the Quarter Ended March 31, 2026
Presidio Property Trust reported a Q1 2026 net loss of $0.10 per share, a sharp reversal from the $1.31 profit posted in the same quarter last year. Total revenue declined 8.5% year-over-year to $3.77 million, while underlying Funds From Operations (FFO) turned negative at ($2.1) million, worsening from ($1.2) million in the prior year.
Key figures
- Eps Beat
- 0
- Revenue
- 3772800
- Revenue Yoy
- -8.5%
- Noi
- 2228359
- Adjusted noi
- 2324816
- Impairment charges
- 524373
- Gain on disposition
- 3416501
- Net income prior year
- 2265352
- Net income consolidated
- 558794
- Gain on sale model homes
- 172096
AI analysis
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