Seaport Entertainment Group Inc. (SEG) SEC Filings & Earnings Calls
EquiReason read 16 Seaport Entertainment Group Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-08-05 — Total Revenues $34M (-14% y/y); Net Loss Attributable to Common Stockholders $-10M (+29% y/y); Cash and Cash Equivalents $127M.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 290.5M
- P/E TTM
- —
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 9 Nov, in 16 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
5 Aug 20268-K · 2.02Total Revenues $34M (-14% y/y); Net Loss Attributable to Common Stockholders $-10M (+29% y/y); Cash and Cash Equivalents $127Mearningsopen
Figures in the filing · each found in the filing text
| Total Revenues · Q2-2026 | $34M | -14% y/y |
| Net Loss Attributable to Common Stockholders · Q2-2026 | $-10M | +29% y/y |
| Cash and Cash Equivalents · Q2-2026 | $127M | |
| Debt Outstanding · Q2-2026 | $38M | |
| Leased Occupancy · Seaport · Q2-2026 | 89.0% |
Risks flagged
Revenue declined 13.8% YoY, indicating potential demand softness.
“Total revenues $34.3M, -13.8% YoY.”
Company still reporting net losses, though improving.
“Net loss attributable to common stockholders ($10.5M).”
5 Aug 202610-QSEG reported Q2 2026 total revenue down 14% YoY, net loss improved to $10.5M from $14.8M, with Hospitality segment significantly impacted by Tin Building closure.earningsopen
Figures in the filing · each found in the filing text
| Total Revenue · Q2-2026 | $34M | -14% y/y |
| Net Loss Attributable to Common Stockholders · Q2-2026 | $-10M | -29% y/y |
| Cash and Cash Equivalents · 2026-06-30 | $118M | |
| Third-Party Mortgages Payable · 2026-06-30 | $38M |
Risks flagged
Tenant Concentration Risk
“The Company owns 100% of the Tin Building which was completed and placed in service in our Landlord Operations segment during the third quarter of 2022.” · word for word
Seasonality Risk
“Our operations are highly seasonal and are significantly impacted by weather conditions.” · word for word
29 Jun 20268-K · 5.02Reported the departure of a director or principal officer (CEO/CFO change); filed financial statements and exhibits with this reportopen
Risks flagged
Loss of key legal officer; potential disruption in legal and compliance functions.
“Departure of EVP, General Counsel and Corporate Secretary; transition period through Aug 24, 2026.”
6 May 202610-QTotal Revenue $13M (-21% y/y); Net Loss Attributable to Common Stockholders $-44M (+38% y/y); Hospitality Revenue $5M (-34% y/y); Guidance: No explicit guidance providedopen
Figures in the filing · each found in the filing text
| Total Revenue · Q1-2026 | $13M | -21% y/y |
| Net Loss Attributable to Common Stockholders · Q1-2026 | $-44M | +38% y/y |
| Hospitality Revenue · Hospitality · Q1-2026 | $5M | -34% y/y |
| Entertainment Revenue · Entertainment · Q1-2026 | $4M | +7% y/y |
| Rental Revenue (Segment) · Landlord Operations · Q1-2026 | $5M | -39% y/y |
| Cash and Cash Equivalents · 2026-03-31 | $115M | |
| Mortgages Payable · 2026-03-31 | $38M | |
| Leased or Programmed Percentage · Landlord Operations · 2026-03-31 | 88.0% |
Guidance
No explicit guidance provided
No forward guidance provided; company is in transition with Tin Building closure and new lease.
Risks flagged
Tin Building closure impact
“In February 2026, the Company entered into a lease of 100% of the Tin Building with contemporary art experience creator, Lux Entertainment, to open their U.S. flagship location of the Balloon Museum. In connection with the Balloon Museum lease and the commencement of the Company’s landlord obligations, the Tin Building by Jean-Georges ceased operations in Fe” · word for word
Seasonality and weather risk
“Our operations are highly seasonal and are significantly impacted by weather conditions.” · word for word
Inflation and tariff risk
“Geopolitical conflict, rapid changes in U.S. trade policy, new or increased tariffs, retaliatory tariffs and global trade disruptions could negatively impact us or our tenants, including by further aggravating inflation, increasing costs, disrupting supply chains and negatively affecting consumer sentiment and spending.” · word for word
6 May 20268-K · 2.02Total revenues $13M (-21% y/y); Net loss attributable to common stockholders $-44M (-38% y/y); Non-GAAP Adjusted Net Loss Attributable to Common Stockholders $-18M (+21% y/y)earningsopen
Figures in the filing · each found in the filing text
| Total revenues · Q1-2026 | $13M | -21% y/y |
| Net loss attributable to common stockholders · Q1-2026 | $-44M | -38% y/y |
| Non-GAAP Adjusted Net Loss Attributable to Common Stockholders · Q1-2026 | $-18M | +21% y/y |
| Cash, cash equivalents, and restricted cash · Q1-2026 | $145M | |
| Total debt · Q1-2026 | $39M |
Risks flagged
Net loss widening; company in early stage of portfolio transformation
“Q1 2026 Net Loss Attributable to Common Stockholders increased 38.3% year-over-year to ($44.1) million” · word for word
Revenue decline of 20.7% YoY; business highly seasonal
“Total revenues $12,737 $16,069 $(3,332) (20.7%)”
23 Apr 2026DEF 14AProxy statement filed; highlights operational progress and strategic initiatives; no material event.open
Figures in the filing · each found in the filing text
| Planned Occupancy at Seaport · Seaport · 2025 | 90.0% | |
| Leased Square Footage at Seaport · Seaport · 2025 | $153000.00 |
Risks flagged
Dependence on Pershing Square
“Pershing Square Capital Management, L.P. ... 5,023,780 ... 39.2%”
7 Apr 20268-K · 4.01Changed its independent registered accounting firm; filed financial statements and exhibits with this reportopen
Risks flagged
Auditor change could indicate internal control or fee issues, but no disagreements or adverse opinions suggest low risk.
“No disagreements or reportable events; KPMG's reports were unqualified.”
5 Mar 20268-K · 2.02Total revenues $29M (+30% y/y); Net loss attributable to common stockholders $-37M (+11% y/y); Non-GAAP Adjusted Net Loss Attributable to Common Stockholders $-17M (+9% y/y)earningsopen
Figures in the filing · each found in the filing text
| Total revenues · Q4-2025 | $29M | +30% y/y |
| Net loss attributable to common stockholders · Q4-2025 | $-37M | +11% y/y |
| Non-GAAP Adjusted Net Loss Attributable to Common Stockholders · Q4-2025 | $-17M | +9% y/y |
| Net loss per share · Q4-2025 | $-2.89 | +20% y/y |
Risks flagged
Continued net losses and reliance on asset sales for liquidity
“Net loss of $36.9M in Q4 2025; full year net loss $116.7M”
23 Feb 20268-K · 7.01Issued a Regulation FD disclosure (forward guidance or material update); filed financial statements and exhibits with this reportopen
Risks flagged
Closure of Tin Building by Jean-Georges may impact revenue and customer traffic.
“the Tin Building by Jean-Georges will close its operations effective February 23, 2026.” · word for word
Transition period with no revenue from the space until Balloon Museum opens in Summer 2026.
“Balloon Museum will open at the Tin Building in Summer 2026.” · word for word
29 Jan 20268-K · 1.01Amendment to sale agreement for 250 Water Street; sale price $143M; closing set for Feb 5, 2026; non-refundable deposit increased to $8.5M; closing conditions not yet satisfied.open
Figures in the filing · each found in the filing text
| Sale price · Q1-2026 | $143M | |
| Total deposit · Q1-2026 | $9M | |
| Additional deposit · Q1-2026 | $1M |
Risks flagged
Sale still subject to closing conditions not currently satisfied; transaction may not close.
“sale of 250 Water Street is subject to certain closing conditions, which are not currently satisfied” · word for word
17 Dec 20258-K · 1.01Sale price $152Mopen
Figures in the filing · each found in the filing text
| Sale price · 2026 | $152M |
Risks flagged
Sale of 250 Water Street subject to closing conditions not yet satisfied; transaction may not close.
“sale of 250 Water Street is subject to certain closing conditions, which are not currently satisfied” · word for word
10 Nov 202510-QQ3 2025 revenue grew 14% YoY, but net loss remained stable. Hospitality growth from Tin Building consolidation offset by Entertainment decline and real estate impairment.earningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q3-2025 | $45M | +14% y/y |
| Net loss · Q3-2025 | $-33M | -2% y/y |
| Hospitality revenue · Hospitality · Q3-2025 | $17M | +85% y/y |
| Entertainment revenue · Entertainment · Q3-2025 | $22M | -5% y/y |
| Rental revenue · Landlord Operations · Q3-2025 | $6M | -15% y/y |
| Cash and cash equivalents · Q3-2025 | $106M | |
| Operating cash flow · 9M-2025 | $-27M |
Risks flagged
Leadership transition costs
“The Company incurred leadership transition costs, primarily related to severance costs, bonus accrual and stock compensation expense, of $11.5 million and $12.2 million for the three and nine months ended September 30, 2025, respectively.” · word for word
Real estate impairment risk
“Loss on assets held for sale increased $4.0 million for the three months ended September 30, 2025, compared to zero for the prior-year period, due to a $4.0 million loss recognized to write down the fair value of assets held for sale relating to 250 Water Street.” · word for word
Seasonality and weather dependence
“Our operations are highly seasonal and are significantly impacted by weather conditions. Concerts at our outdoor venue and Aviators baseball games primarily occur from May through October...During the fall and winter months, our operations tend to slow down due to the colder weather.” · word for word
10 Nov 20258-K · 2.02Total revenues $45M (+14% y/y); Net loss attributable to common stockholders $-33M (-2% y/y); Non-GAAP Adjusted Net Loss Attributable to Common Stockholders $-7M (+71% y/y)earningsopen
Figures in the filing · each found in the filing text
| Total revenues · Q3-2025 | $45M | +14% y/y |
| Net loss attributable to common stockholders · Q3-2025 | $-33M | -2% y/y |
| Non-GAAP Adjusted Net Loss Attributable to Common Stockholders · Q3-2025 | $-7M | +71% y/y |
Risks flagged
Continued net losses despite improvement; reliance on asset sales for liquidity.
“Net loss of $33.2M in Q3 2025; asset sale of $150.5M provides cash but may not be recurring.”
Seaport Entertainment Group Inc. — questions
- What did Seaport Entertainment Group Inc. file recently?
- 16 SEC filings in the last 12 months. Latest: 8-K on 2026-08-05 — Total Revenues $34M (-14% y/y); Net Loss Attributable to Common Stockholders $-10M (+29% y/y); Cash and Cash Equivalents $127M
Every figure on this page comes from Seaport Entertainment Group Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.