INTG
InterGroupDDocument history
Earnings documents stored for INTG.
Investor releaseQuarter not tagged2026-05-18InterGroup Swings to Earnings in Q3 on Improved Hotel Revenues
Zacks
InterGroup Swings to Earnings in Q3 on Improved Hotel Revenues
Shares of The InterGroup Corporation INTG have lost 0.9% since the company reported results for the quarter ended March 31, 2026, compared with a 0.01% change in the S&P 500 index over the same period. Over the past month, InterGroup shares have advanced 10.5%, outperforming the S&P 500’s 5% gain. For the fiscal third quarter of 2026, InterGroup reported net income of 21 cents per share against a net loss of 27 cents per share in the year-ago quarter. Total revenues increased 21.1% year over year to $20.4 million from $16.8 million. Operating income rose to $4.3 million from $2.4 million in the prior-year period, supported by stronger hotel performance and lower losses on marketable securities. Net income attributable to the company was $0.5 million against a net loss attributable to the company of $0.6 million in the year-ago quarter. The Intergroup Corporation price-consensus-eps-surprise-chart | The Intergroup Corporation Quote The company’s hotel segment, anchored by the Hilton San Francisco Financial District, remained the primary growth driver during the quarter. Hotel revenues climbed 35.1% year over year to $16.5 million from $12.2 million. Room revenues increased to $14.4 million from $10.5 million, while food and beverage revenues rose to $1 million from $0.7 million. Operating income before gain on extinguishment of debt, interest expense, depreciation and amortization more than doubled to $5.1 million from $2.5 million. Management attributed the improvement to higher average daily rates (ADR), stronger occupancy and additional room inventory created through renovations. ADR increased to $306 from $241, occupancy improved to 94% from 89%, and revenue per available room (RevPAR) rose to $287 from $215. The company said the return of 14 renovated guest rooms to inventory, stronger business travel trends and increased demand tied to the Super Bowl hosted in San Francisco during the quarter contributed to the gains. Revenues from InterGroup’s real estate operations declined to $3.9 million from $4.6 million in the prior-year quarter, although operating expenses decreased modestly to $2.4 million due to cost-control initiatives. Segment income from real estate operations declined to $1.5 million from $2.2 million. InterGroup’s investment transactions segment continued to weigh on results, though losses narrowed substantially from the prior-year level.…Read full documentShow less
Shares of The InterGroup Corporation INTG have lost 0.9% since the company reported results for the quarter ended March 31, 2026, compared with a 0.01% change in the S&P 500 index over the same period. Over the past month, InterGroup shares have advanced 10.5%, outperforming the S&P 500’s 5% gain. For the fiscal third quarter of 2026, InterGroup reported net income of 21 cents per share against a net loss of 27 cents per share in the year-ago quarter. Total revenues increased 21.1% year over year to $20.4 million from $16.8 million. Operating income rose to $4.3 million from $2.4 million in the prior-year period, supported by stronger hotel performance and lower losses on marketable securities. Net income attributable to the company was $0.5 million against a net loss attributable to the company of $0.6 million in the year-ago quarter. The Intergroup Corporation price-consensus-eps-surprise-chart | The Intergroup Corporation Quote The company’s hotel segment, anchored by the Hilton San Francisco Financial District, remained the primary growth driver during the quarter. Hotel revenues climbed 35.1% year over year to $16.5 million from $12.2 million. Room revenues increased to $14.4 million from $10.5 million, while food and beverage revenues rose to $1 million from $0.7 million. Operating income before gain on extinguishment of debt, interest expense, depreciation and amortization more than doubled to $5.1 million from $2.5 million. Management attributed the improvement to higher average daily rates (ADR), stronger occupancy and additional room inventory created through renovations. ADR increased to $306 from $241, occupancy improved to 94% from 89%, and revenue per available room (RevPAR) rose to $287 from $215. The company said the return of 14 renovated guest rooms to inventory, stronger business travel trends and increased demand tied to the Super Bowl hosted in San Francisco during the quarter contributed to the gains. Revenues from InterGroup’s real estate operations declined to $3.9 million from $4.6 million in the prior-year quarter, although operating expenses decreased modestly to $2.4 million due to cost-control initiatives. Segment income from real estate operations declined to $1.5 million from $2.2 million. InterGroup’s investment transactions segment continued to weigh on results, though losses narrowed substantially from the prior-year level. The company posted a net loss on marketable securities of $0.05 million in the quarter compared with a loss of $1.1 million a year ago. Trading and management expenses declined marginally to $0.3 million. As of March 31, 2026, the company’s marketable securities portfolio totaled $1.1 million, with approximately 81% invested in REITs and real estate companies. InterGroup ended the quarter with $9.3 million in cash and cash equivalents, up from $5.1 million as of June 30, 2025. Restricted cash totaled $8 million. Net cash provided by operating activities for the first nine months of fiscal 2026 increased to $2.7 million from $1.7 million a year ago. Management said liquidity remained stable following Portsmouth Square’s refinancing completed in March 2025. The company noted that all debt obligations remained current and in compliance with applicable covenants as of March 31, 2026. The hotel’s debt service coverage ratio threshold was met during the quarter, although lender-controlled lockbox arrangements remained in place because the required two consecutive qualifying quarters had not yet been achieved. During the quarter, Portsmouth continued hotel property enhancements, including renovations that converted former administrative office space into 14 additional guest rooms returned to service in September 2025. The company also maintained capital preservation initiatives at the hotel, including deferral of non-essential projects, renegotiation of vendor agreements and reductions in controllable operating expenses. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Intergroup Corporation (INTG): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-05-12The InterGroup Corporation Reports Third Quarter Fiscal 2026 Results; Operating Performance Improves Year‑Over‑Year as San Francisco Recovery Progresses
GlobeNewswire
The InterGroup Corporation Reports Third Quarter Fiscal 2026 Results; Operating Performance Improves Year‑Over‑Year as San Francisco Recovery Progresses
Los Angeles, California, May 11, 2026 (GLOBE NEWSWIRE) -- The InterGroup Corporation (NASDAQ: INTG) (the “Company” or “InterGroup”) today announced financial results for the fiscal third quarter ended March 31, 2026. InterGroup is a diversified holding company with interests in hospitality (through its majority‑owned subsidiary Portsmouth Square, Inc.), real estate operations, and investment transactions. The discussion below is derived from the Company’s Quarterly Report on Form 10‑Q for the quarter ended March 31, 2026. Third Quarter Fiscal 2026 Highlights (Three Months Ended March 31, 2026 vs. 2025) Total revenues increased to $20.372 million from $16.824 million (+21%). Income from operations increased to $4.260 million from $2.350 million (+81%). GAAP net income was $0.595 million, compared to a GAAP net loss of $0.750 million in the prior‑year quarter. Net income attributable to InterGroup was $0.457 million, or $0.21 per diluted share, compared to a net loss attributable to InterGroup of $0.578 million, or $0.27 per share, in the prior‑year quarter. Hotel revenues increased to $16.497 million from $12.210 million (+35%). For additional context, Hotel revenues for the quarter ended March 31, 2026 exceeded the comparable pre‑pandemic quarter ended March 31, 2019 by approximately $1.028 million. Real estate revenues were $3.875 million compared to $4.614 million in the prior‑year quarter (‑16%). Net loss from investment transactions was $(0.342) million compared to $(1.379) million in the prior‑year quarter. Hotel Operating Metrics (Hilton San Francisco Financial District) Key Drivers and Market Context Management attributed year‑over‑year improvement primarily to stronger hotel operating results, including improved ADR and occupancy, and continued progress in San Francisco demand trends. The quarter also benefited from event‑related activity in the market, including the Super Bowl. Results further benefited from substantially lower losses in marketable securities compared with the prior‑year quarter. While revenues improved meaningfully year‑over‑year, net income was partially offset by higher hotel operating expenses associated with increased activity levels, as well as ongoing fixed charges including mortgage interest expense and depreciation and amortization. Year‑to‑Date Highlights (Nine Months Ended March 31, 2026 vs. 2025) Total revenues increased…Read full documentShow less
Los Angeles, California, May 11, 2026 (GLOBE NEWSWIRE) -- The InterGroup Corporation (NASDAQ: INTG) (the “Company” or “InterGroup”) today announced financial results for the fiscal third quarter ended March 31, 2026. InterGroup is a diversified holding company with interests in hospitality (through its majority‑owned subsidiary Portsmouth Square, Inc.), real estate operations, and investment transactions. The discussion below is derived from the Company’s Quarterly Report on Form 10‑Q for the quarter ended March 31, 2026. Third Quarter Fiscal 2026 Highlights (Three Months Ended March 31, 2026 vs. 2025) Total revenues increased to $20.372 million from $16.824 million (+21%). Income from operations increased to $4.260 million from $2.350 million (+81%). GAAP net income was $0.595 million, compared to a GAAP net loss of $0.750 million in the prior‑year quarter. Net income attributable to InterGroup was $0.457 million, or $0.21 per diluted share, compared to a net loss attributable to InterGroup of $0.578 million, or $0.27 per share, in the prior‑year quarter. Hotel revenues increased to $16.497 million from $12.210 million (+35%). For additional context, Hotel revenues for the quarter ended March 31, 2026 exceeded the comparable pre‑pandemic quarter ended March 31, 2019 by approximately $1.028 million. Real estate revenues were $3.875 million compared to $4.614 million in the prior‑year quarter (‑16%). Net loss from investment transactions was $(0.342) million compared to $(1.379) million in the prior‑year quarter. Hotel Operating Metrics (Hilton San Francisco Financial District) Key Drivers and Market Context Management attributed year‑over‑year improvement primarily to stronger hotel operating results, including improved ADR and occupancy, and continued progress in San Francisco demand trends. The quarter also benefited from event‑related activity in the market, including the Super Bowl. Results further benefited from substantially lower losses in marketable securities compared with the prior‑year quarter. While revenues improved meaningfully year‑over‑year, net income was partially offset by higher hotel operating expenses associated with increased activity levels, as well as ongoing fixed charges including mortgage interest expense and depreciation and amortization. Year‑to‑Date Highlights (Nine Months Ended March 31, 2026 vs. 2025) Total revenues increased to $55.586 million from $48.171 million (+15%). Real estate revenues were $14.010 million compared to $14.176 million in the prior‑year period (-1%). Income from operations increased to $9.007 million from $6.332 million (+42%). GAAP net income was $0.398 million, compared to a GAAP net loss of $5.299 million in the prior‑year period. Net income attributable to InterGroup was $1.437 million, or $0.67 per diluted share, compared to a net loss attributable to InterGroup of $3.701 million, or $1.71 per share, in the prior‑year period. The nine‑month period included a GAAP gain on sale of real estate of $3.508 million related to the December 2025 disposition of a non‑core multifamily property. Liquidity and Capital Resources As of March 31, 2026, cash, cash equivalents and restricted cash totaled $17.323 million (cash and cash equivalents of $9.283 million and restricted cash of $8.040 million). Marketable securities measured at fair value were $1.096 million at March 31, 2026. Restricted cash consists primarily of funds held in lender‑controlled accounts related to the Hotel financing. Management Commentary David C. Gonzalez, Chief Operating Officer of InterGroup, said: “Our third quarter results reflect improved operating performance year‑over‑year. For additional context, Hotel revenues for the quarter ended March 31, 2026 exceeded the comparable pre‑pandemic quarter ended March 31, 2019 by approximately $1.028 million.In hospitality, higher room revenues and improved ADR and occupancy, together with improved room availability, contributed to stronger results. Across our real estate portfolio, we remained focused on disciplined operations and property‑level execution.” John V. Winfield, President, Chairman of the Board and Chief Executive Officer of InterGroup, added: “We remain cautiously optimistic that the recovery of the City of San Francisco is progressing, including signs of supporting in business travel and event‑related demand. On the investment side, results benefited from substantially lower losses in marketable securities compared with the prior‑year quarter, consistent with our focus on liquidity and risk awareness.” About The InterGroup Corporation The InterGroup Corporation (NASDAQ: INTG) is a diversified holding company with interests in hospitality, real estate, and marketable securities. InterGroup consolidates its majority‑owned subsidiary Portsmouth Square, Inc., which owns the Hilton San Francisco Financial District hotel and related facilities. Forward‑Looking Statements This press release contains forward‑looking statements within the meaning of federal securities laws. Forward‑looking statements are not statements of historical fact and are based on current expectations and assumptions. These statements are subject to risks and uncertainties that could cause actual results to differ materially, including factors described in the Company’s filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10‑Q for the quarter ended March 31, 2026 and its Annual Report on Form 10‑K for the year ended June 30, 2025. The Company undertakes no obligation to update forward‑looking statements except as required by law. Investor Contact The InterGroup Corporation 1516 S. Bundy Drive, Suite 200 Los Angeles, CA 90025 (310) 889‑2500
Investor releaseQuarter not tagged2026-02-24InterGroup Swings to Earnings in Q2 on Hotel Growth, Asset Sale
Zacks
InterGroup Swings to Earnings in Q2 on Hotel Growth, Asset Sale
Shares of The InterGroup Corporation INTG have gained 0.2% since the company reported its earnings for the quarter ended Dec. 31, 2025. This compares to the S&P 500 index’s 1.1% growth over the same time frame. Over the past month, the stock has declined 4.2% compared with the S&P 500’s 1.1% decline. For the second quarter of fiscal 2026, InterGroup reported net income per share of 71 cents against a net loss of $1.26 per share a year earlier. Total revenues of $17.3 million indicated a 20% rise from $14.4 million in the prior-year quarter. Net income attributable to The InterGroup Corporation was $1.5 million against a net loss of $2.7 million a year earlier. The improvement reflected stronger operating performance and a $3.5 million gain on the sale of real estate during the quarter. The InterGroup Corporation price-consensus-eps-surprise-chart | The InterGroup Corporation Quote Hotel operations remained the company’s largest revenue contributor. Hotel revenue rose 27% year over year to $12.7 million from $10 million. Room revenue increased to $11.1 million from $8.4 million, supported by a higher average daily rate (ADR) and occupancy. For the quarter, ADR climbed to $234 from $190, occupancy improved to 92% from 88%, and revenue per available room (RevPAR) increased to $215 from $168. Operating income before interest and depreciation from the hotel segment rose to $2.2 million from $0.9 million, while mortgage interest expense declined to $2.4 million from $2.8 million. Real estate operations also contributed to growth. Revenue increased to $4.6 million from $4.5 million, with segment income of $2.2 million compared with $2.3 million in the prior-year period. The company recorded a $3.5 million gain from the sale of a 12-unit multifamily property in Los Angeles during the quarter. Investment transactions produced a smaller net loss of $0.3 million compared with $0.9 million a year earlier, reflecting reduced volatility in marketable securities. Management noted that hotel results benefited from returning 14 renovated guest rooms to available inventory in September 2025. However, the broader San Francisco hospitality market continues to face headwinds, including slower recovery in business travel, remote work trends and municipal challenges affecting demand. These factors have shifted the hotel’s revenue mix toward leisure travel and could limit future gr…Read full documentShow less
Shares of The InterGroup Corporation INTG have gained 0.2% since the company reported its earnings for the quarter ended Dec. 31, 2025. This compares to the S&P 500 index’s 1.1% growth over the same time frame. Over the past month, the stock has declined 4.2% compared with the S&P 500’s 1.1% decline. For the second quarter of fiscal 2026, InterGroup reported net income per share of 71 cents against a net loss of $1.26 per share a year earlier. Total revenues of $17.3 million indicated a 20% rise from $14.4 million in the prior-year quarter. Net income attributable to The InterGroup Corporation was $1.5 million against a net loss of $2.7 million a year earlier. The improvement reflected stronger operating performance and a $3.5 million gain on the sale of real estate during the quarter. The InterGroup Corporation price-consensus-eps-surprise-chart | The InterGroup Corporation Quote Hotel operations remained the company’s largest revenue contributor. Hotel revenue rose 27% year over year to $12.7 million from $10 million. Room revenue increased to $11.1 million from $8.4 million, supported by a higher average daily rate (ADR) and occupancy. For the quarter, ADR climbed to $234 from $190, occupancy improved to 92% from 88%, and revenue per available room (RevPAR) increased to $215 from $168. Operating income before interest and depreciation from the hotel segment rose to $2.2 million from $0.9 million, while mortgage interest expense declined to $2.4 million from $2.8 million. Real estate operations also contributed to growth. Revenue increased to $4.6 million from $4.5 million, with segment income of $2.2 million compared with $2.3 million in the prior-year period. The company recorded a $3.5 million gain from the sale of a 12-unit multifamily property in Los Angeles during the quarter. Investment transactions produced a smaller net loss of $0.3 million compared with $0.9 million a year earlier, reflecting reduced volatility in marketable securities. Management noted that hotel results benefited from returning 14 renovated guest rooms to available inventory in September 2025. However, the broader San Francisco hospitality market continues to face headwinds, including slower recovery in business travel, remote work trends and municipal challenges affecting demand. These factors have shifted the hotel’s revenue mix toward leisure travel and could limit future growth. As of Dec. 31, 2025, InterGroup had $6.6 million in cash and cash equivalents and $8.4 million in restricted cash. Total assets stood at $101.1 million, while total liabilities were $215.7 million. The company reported shareholders’ deficit of $114.5 million, reflecting its leveraged capital structure, including substantial mortgage obligations. In December 2025, InterGroup completed the sale of a non-core 12-unit multifamily property in Los Angeles for $4.9 million, recognizing a gain of $3.5 million. The transaction generated net cash proceeds of approximately $2.6 million after repayment of related mortgage debt. The sale was part of the company’s capital allocation strategy and liquidity heading into the second half of fiscal 2026. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Intergroup Corporation (INTG): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-02-18The InterGroup Corporation Reports Improved Operating Results for the Quarter Ended December 31, 2025; Completes Sale of a Non‑Core Los Angeles Multifamily Property
GlobeNewswire
The InterGroup Corporation Reports Improved Operating Results for the Quarter Ended December 31, 2025; Completes Sale of a Non‑Core Los Angeles Multifamily Property
Los Angeles, California, Feb. 17, 2026 (GLOBE NEWSWIRE) -- The InterGroup Corporation (NASDAQ: INTG) (the “Company” or “InterGroup”) reported results for the quarter ended December 31, 2025 and highlighted continued progress in its consolidated hotel operations and stable performance in its real estate portfolio. During the quarter, the Company also completed the sale of a non-core 12‑unit multifamily property in Los Angeles County, strengthening liquidity and providing additional working capital. Quarterly highlights (three months ended December 31, 2025 vs. 2024) Total revenues increased to $17.3 million from $14.4 million, an increase of $2.9 million (+20%). Hotel revenues increased to $12.6 million from $9.9 million, an increase of $2.7 million (+27%). Real estate revenues increased to $4.6 million from $4.5 million, an increase of $0.2 million (+4%). Income from operations increased to $2.0 million from $0.9 million. Net income was $1.0 million compared to a net loss of $3.7 million. Net income attributable to InterGroup was $1.5 million ($0.71 per diluted share) compared to a net loss attributable to InterGroup of $2.7 million ($1.26 per diluted share). The Company recognized a GAAP gain on sale of real estate of $3.5 million from the disposition of a non-core Los Angeles multifamily property. Segment Performance (Three Months Ended December 31, 2025 vs. 2024) Hotel Operating Metrics (Hilton San Francisco Financial District) During the quarter, Portsmouth returned 14 guest rooms to available room inventory upon completion of renovations in September 2025, after having previously used the rooms for administrative office space and other purposes. Disposition of Non-Core Los Angeles Multifamily Property In December 2025, InterGroup completed the sale of a non-core 12‑unit multifamily property in Los Angeles County for a sales price of approximately $4.85 million. The related mortgage loan with an outstanding principal balance of approximately $1.83 million was repaid in full at closing, and net cash proceeds from the sale after closing costs were approximately $2.58 million. The Company recognized a GAAP gain on sale of approximately $3.51 million in the quarter. The transaction will be subject to applicable federal and state income tax liabilities. Liquidity and Capital Resources As of December 31, 2025, the Company had cash and cash equivalents of $6.6…Read full documentShow less
Los Angeles, California, Feb. 17, 2026 (GLOBE NEWSWIRE) -- The InterGroup Corporation (NASDAQ: INTG) (the “Company” or “InterGroup”) reported results for the quarter ended December 31, 2025 and highlighted continued progress in its consolidated hotel operations and stable performance in its real estate portfolio. During the quarter, the Company also completed the sale of a non-core 12‑unit multifamily property in Los Angeles County, strengthening liquidity and providing additional working capital. Quarterly highlights (three months ended December 31, 2025 vs. 2024) Total revenues increased to $17.3 million from $14.4 million, an increase of $2.9 million (+20%). Hotel revenues increased to $12.6 million from $9.9 million, an increase of $2.7 million (+27%). Real estate revenues increased to $4.6 million from $4.5 million, an increase of $0.2 million (+4%). Income from operations increased to $2.0 million from $0.9 million. Net income was $1.0 million compared to a net loss of $3.7 million. Net income attributable to InterGroup was $1.5 million ($0.71 per diluted share) compared to a net loss attributable to InterGroup of $2.7 million ($1.26 per diluted share). The Company recognized a GAAP gain on sale of real estate of $3.5 million from the disposition of a non-core Los Angeles multifamily property. Segment Performance (Three Months Ended December 31, 2025 vs. 2024) Hotel Operating Metrics (Hilton San Francisco Financial District) During the quarter, Portsmouth returned 14 guest rooms to available room inventory upon completion of renovations in September 2025, after having previously used the rooms for administrative office space and other purposes. Disposition of Non-Core Los Angeles Multifamily Property In December 2025, InterGroup completed the sale of a non-core 12‑unit multifamily property in Los Angeles County for a sales price of approximately $4.85 million. The related mortgage loan with an outstanding principal balance of approximately $1.83 million was repaid in full at closing, and net cash proceeds from the sale after closing costs were approximately $2.58 million. The Company recognized a GAAP gain on sale of approximately $3.51 million in the quarter. The transaction will be subject to applicable federal and state income tax liabilities. Liquidity and Capital Resources As of December 31, 2025, the Company had cash and cash equivalents of $6.6 million and restricted cash of $8.4 million. Total cash, cash equivalents, and restricted cash were $15.0 million. Marketable securities measured at fair value were $0.9 million. As previously disclosed, Portsmouth completed a refinancing in March 2025 that extended maturities and improved liquidity; as a result, substantial doubt regarding Portsmouth’s ability to continue as a going concern was alleviated as of June 30, 2025. Management Commentary David C. Gonzalez, Chief Operating Officer of InterGroup, said: “Our second fiscal quarter reflected continued progress in both our hotel and real estate operations. At the Hotel, revenue growth benefited from higher room demand and the return of 14 guest rooms to inventory following renovations completed in September 2025. Across our real estate portfolio, we remained focused on disciplined operations, occupancy, and property-level execution. We also completed the sale of a small, non-core property in the normal course of business, adding working capital and sharpening our focus on our core holdings.” John V. Winfield, President, Chairman and Chief Executive Officer of InterGroup, added: “We remain cautiously optimistic as operating conditions in San Francisco continue to stabilize and recover. Separately, this quarter’s disposition of a non-core multifamily asset underscores our long-held view that historical-cost accounting under GAAP for real estate can differ significantly from underlying economic value. We also continue to manage our marketable securities activity with a focus on risk awareness and liquidity.” About The InterGroup Corporation The InterGroup Corporation (NASDAQ: INTG) is a diversified holding company with interests in hospitality, real estate, and marketable securities. InterGroup’s portfolio includes a majority interest in Portsmouth Square, Inc., which owns the Hilton San Francisco Financial District, as well as other real estate holdings and an investment portfolio of marketable securities. Forward-Looking Statements This press release contains forward-looking statements within the meaning of federal securities laws. Forward-looking statements include, without limitation, statements regarding market recovery, anticipated operating performance, liquidity, and the expected impacts of the real estate disposition. These statements are subject to risks and uncertainties that could cause actual results to differ materially, including factors described in the Company’s filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10‑Q for the quarter ended December 31, 2025 and its most recent Annual Report on Form 10‑K. The Company undertakes no obligation to update forward-looking statements except as required by law. Investor Contact The InterGroup Corporation 1516 S. Bundy Drive, Suite 200 Los Angeles, CA 90025 (310) 889‑2500
Investor releaseQuarter not tagged2025-11-18InterGroup Reports Q1 FY2026 Results; Real Estate Segment Income Up 20% YoY, Hotel KPIs Up, and $13.4 Million in Cash & Restricted Cash
GlobeNewswire
InterGroup Reports Q1 FY2026 Results; Real Estate Segment Income Up 20% YoY, Hotel KPIs Up, and $13.4 Million in Cash & Restricted Cash
Los Angeles, CA, Nov. 17, 2025 (GLOBE NEWSWIRE) -- The InterGroup Corporation (“InterGroup” or the “Company”) reported results for the three months ended September 30, 2025. Management continues to conclude that the prior going-concern doubt at majority-owned subsidiary Portsmouth Square, Inc. was alleviated as of June 30, 2025 following its hotel refinancing, and no substantial doubt exists for at least twelve months from the issuance date of the Company’s financial statements. Fiscal Q1 2026 Highlights (vs. Q1 2025) GAAP net loss: ($1,159,000) consolidated; net loss attributable to InterGroup: ($535,000) [vs. ($398,000)]. EBITDA (Non-GAAP): $4,526,000 vs. $5,013,000 (-9.7% YoY). See reconciliation below. Real estate segment income: $3,157,000 (vs. $2,629,000; +20.1% YoY). Revenues $5,495,000 (vs. $5,086,000; +8.0% YoY). Hotel KPIs (consolidated): ADR $218 (+3.8% YoY), occupancy 95% (-1 pt), RevPAR $207 (+2.5% YoY). Marketable securities: net gain of $136,000 (vs. $129,000). As presented in the Condensed Consolidated Statements of Cash Flows, cash, cash equivalents and restricted cash at September 30, 2025 totaled $13,391,000, consisting of cash and cash equivalents of $5,054,000 and restricted cash of $8,337,000. Hotel Revenues & Expenses Detail (Segment) Hotel revenues (by category): Rooms: $10,428,000 (vs. $10,110,000; +3.1% YoY) Food & beverage: $912,000 (vs. $733,000; +24.4% YoY) Garage: $900,000 (vs. $875,000; +2.9% YoY) Other operating departments: $178,000 (vs. $102,000; +74.5% YoY) Total hotel revenues: $12,418,000 (vs. $11,820,000; +5.1% YoY) Hotel expenses (segment): Operating expenses excluding depreciation & amortization: $10,481,000 (vs. $8,792,000; +19.2% YoY) Operating income before interest, depreciation & amortization (Non-GAAP OIBDA): $1,937,000 (vs. $3,028,000; -36.0% YoY) Interest expense — mortgage: $2,493,000 (vs. $2,824,000; -11.7% YoY) Interest expense — related party: $872,000 (vs. $824,000; +5.8% YoY) Depreciation & amortization: $874,000 (vs. $903,000; -3.2% YoY) Net loss from Hotel operations (GAAP): ($2,302,000) (vs. ($1,523,000); -51.2% YoY) Note: OIBDA is a Non-GAAP measure. GAAP income from operations can be derived as OIBDA minus depreciation & amortization. OIBDA is not a substitute for GAAP and is provided for period-over-period comparability. Real Estate Operations (Q1 FY2026 vs. Q1 FY2025) Real estate revenues were $5,4…Read full documentShow less
Los Angeles, CA, Nov. 17, 2025 (GLOBE NEWSWIRE) -- The InterGroup Corporation (“InterGroup” or the “Company”) reported results for the three months ended September 30, 2025. Management continues to conclude that the prior going-concern doubt at majority-owned subsidiary Portsmouth Square, Inc. was alleviated as of June 30, 2025 following its hotel refinancing, and no substantial doubt exists for at least twelve months from the issuance date of the Company’s financial statements. Fiscal Q1 2026 Highlights (vs. Q1 2025) GAAP net loss: ($1,159,000) consolidated; net loss attributable to InterGroup: ($535,000) [vs. ($398,000)]. EBITDA (Non-GAAP): $4,526,000 vs. $5,013,000 (-9.7% YoY). See reconciliation below. Real estate segment income: $3,157,000 (vs. $2,629,000; +20.1% YoY). Revenues $5,495,000 (vs. $5,086,000; +8.0% YoY). Hotel KPIs (consolidated): ADR $218 (+3.8% YoY), occupancy 95% (-1 pt), RevPAR $207 (+2.5% YoY). Marketable securities: net gain of $136,000 (vs. $129,000). As presented in the Condensed Consolidated Statements of Cash Flows, cash, cash equivalents and restricted cash at September 30, 2025 totaled $13,391,000, consisting of cash and cash equivalents of $5,054,000 and restricted cash of $8,337,000. Hotel Revenues & Expenses Detail (Segment) Hotel revenues (by category): Rooms: $10,428,000 (vs. $10,110,000; +3.1% YoY) Food & beverage: $912,000 (vs. $733,000; +24.4% YoY) Garage: $900,000 (vs. $875,000; +2.9% YoY) Other operating departments: $178,000 (vs. $102,000; +74.5% YoY) Total hotel revenues: $12,418,000 (vs. $11,820,000; +5.1% YoY) Hotel expenses (segment): Operating expenses excluding depreciation & amortization: $10,481,000 (vs. $8,792,000; +19.2% YoY) Operating income before interest, depreciation & amortization (Non-GAAP OIBDA): $1,937,000 (vs. $3,028,000; -36.0% YoY) Interest expense — mortgage: $2,493,000 (vs. $2,824,000; -11.7% YoY) Interest expense — related party: $872,000 (vs. $824,000; +5.8% YoY) Depreciation & amortization: $874,000 (vs. $903,000; -3.2% YoY) Net loss from Hotel operations (GAAP): ($2,302,000) (vs. ($1,523,000); -51.2% YoY) Note: OIBDA is a Non-GAAP measure. GAAP income from operations can be derived as OIBDA minus depreciation & amortization. OIBDA is not a substitute for GAAP and is provided for period-over-period comparability. Real Estate Operations (Q1 FY2026 vs. Q1 FY2025) Real estate revenues were $5,495,000 (vs. $5,086,000; +8.0% YoY). Segment income from operations was $3,157,000 (vs. $2,629,000; +20.1% YoY). Marketable Securities / Investing Transactions The Company recorded a modest net gain of approximately $0.1 million in marketable securities for the quarter, consistent with an emphasis on liquidity and disciplined risk management. CEO & COO Commentary John V. Winfield, Chairman and Chief Executive Officer, said: “We continue to observe signs of stabilization and recovery across the San Francisco hospitality market, including improving convention calendars, tourism indicators, and business travel activity. On the investment side, our marketable securities activity remained modest with a small net gain, consistent with our emphasis on liquidity and risk discipline.” David C. Gonzalez, Chief Operating Officer, added: “Operationally, Q1 reflected a degree of stabilization across the portfolio. In real estate, we remain focused on leasing, recoveries and expense control to support cash generation, and in hospitality we continue to optimize rate, channel mix and group/convention exposure as the San Francisco market stabilizes.” GAAP to Non-GAAP Reconciliation (presented with GAAP prominence) Reconciliation of Net Loss (GAAP) to EBITDA (Non-GAAP) — Three months ended September 30 (in dollars) Year-over-year change (EBITDA): -9.7%. Non-GAAP Cautionary Statement: EBITDA is a non-GAAP financial measure defined by the Company as net income (loss) before interest expense, income tax expense (benefit), and depreciation and amortization. Management uses EBITDA to evaluate operating performance and liquidity, to compare results period-over-period, and to benchmark against peers; however, it has limitations and should not be viewed as a substitute for GAAP. The most directly comparable GAAP measure is net income (loss), which is presented above with equal or greater prominence. KPI definitions: ADR = average room rate paid; Occupancy = rooms sold ÷ rooms available; RevPAR = ADR × Occupancy. Forward-Looking Statements This press release contains forward-looking statements subject to risks and uncertainties, including hospitality market recovery in San Francisco, business travel trends, interest rate environment, securities market volatility, leasing dynamics, and macroeconomic factors. See “Forward-Looking Statements” and “Risk Factors” in the Company’s Form 10-Q for the quarter ended September 30, 2025 for additional information. The Company undertakes no obligation to update forward-looking statements except as required by law. About The InterGroup Corporation The InterGroup Corporation (NASDAQ: INTG) is a diversified holding company with interests in hospitality, real estate, and marketable securities. InterGroup’s primary hospitality asset is a majority interest in Portsmouth Square, Inc., which owns the Hilton San Francisco Financial District (558 rooms) and a five-level parking garage. Investor Contact The InterGroup Corporation 1516 S. Bundy Drive, Suite 200 Los Angeles, CA 90025 (310) 889-2500
Investor releaseQuarter not tagged2025-10-10The InterGroup Corporation Reports Fiscal Year 2025 Results; Higher Segment Income in Hotel and Real Estate, Improved Liquidity; Company Regains Nasdaq Listing Compliance
GlobeNewswire
The InterGroup Corporation Reports Fiscal Year 2025 Results; Higher Segment Income in Hotel and Real Estate, Improved Liquidity; Company Regains Nasdaq Listing Compliance
Los Angeles, CA, Oct. 09, 2025 (GLOBE NEWSWIRE) -- The InterGroup Corporation (NASDAQ: INTG) reported results for the fiscal year ended June 30, 2025, including improved segment income in Hotel and Real Estate, increased liquidity, the alleviation of going-concern uncertainty at majority-owned subsidiary Portsmouth Square, Inc., and the Company’s return to compliance with Nasdaq listing requirements. FY2025 Highlights - Consolidated results (GAAP): Net loss $(7,547,000), or $(3.49) per share, vs. $(12,556,000), or $(5.66) per share (FY2024) — -39.9% (decrease) - Net loss attributable to InterGroup $(5,348,000), or $(2.47) per share, vs. $(9,797,000), or $(4.40) per share — -45.4% (decrease) - Segment performance (GAAP segment results): Hotel Operations segment income $8,732,000 vs. $5,747,000 — +51.9%; Net loss improved to $(4,166,000) vs $(7,154,000) Real Estate Operations segment income $8,465,000 vs. $6,418,000 — +31.9%; Net Income improved to $2,599,000 vs. $992,000 Investing Transactions segment and net loss $(2,502,000) vs. $(1,633,000) — +53.2% (greater loss). - Liquidity: Cash & equivalents $15,195,000 at June 30, 2025 (vs. $8,694,000 at June 30, 2024) — +74.8%. - Capital investment: Real estate capex $1,739,000 (FY2024: $2,309,000) — -24.7%; Hotel capex $2,252,000 (FY2024: $4,078,000) — -44.8%. - Hotel KPIs: Occupancy 92% (82% in FY2024) — +12.2% (up 10 pts); ADR $218 ($217) — +0.5%; RevPAR $200 ($177) — +13.0%. - Renovation impact: The hotel’s comprehensive renovation was completed in June 2024; with no out‑of‑order rooms during FY2025, results benefited from full room availability throughout the year. - Subsidiary going-concern alleviated: At Portsmouth Square, Inc., following the March 28, 2025 refinancing and improving operations. - Subsequent event: InterGroup regained compliance with Nasdaq listing requirements. Operating Detail Hotel Operations: FY2025 segment income $8,732,000 vs. $5,747,000; Occupancy 92%, ADR $218, RevPAR $200. Hotel revenues $46,363,000 (FY2024: $41,886,000); operating expenses $37,631,000 (FY2024: $36,139,000). Real Estate Operations: FY2025 segment income $8,465,000 vs. $6,418,000; continued focus on property operations and capex to support long-term value. Investing Transactions: FY2025 segment loss $(2,502,000) vs. $(1,633,000). Ownership note: InterGroup’s results include its approximately 76% ownership interest in P…Read full documentShow less
Los Angeles, CA, Oct. 09, 2025 (GLOBE NEWSWIRE) -- The InterGroup Corporation (NASDAQ: INTG) reported results for the fiscal year ended June 30, 2025, including improved segment income in Hotel and Real Estate, increased liquidity, the alleviation of going-concern uncertainty at majority-owned subsidiary Portsmouth Square, Inc., and the Company’s return to compliance with Nasdaq listing requirements. FY2025 Highlights - Consolidated results (GAAP): Net loss $(7,547,000), or $(3.49) per share, vs. $(12,556,000), or $(5.66) per share (FY2024) — -39.9% (decrease) - Net loss attributable to InterGroup $(5,348,000), or $(2.47) per share, vs. $(9,797,000), or $(4.40) per share — -45.4% (decrease) - Segment performance (GAAP segment results): Hotel Operations segment income $8,732,000 vs. $5,747,000 — +51.9%; Net loss improved to $(4,166,000) vs $(7,154,000) Real Estate Operations segment income $8,465,000 vs. $6,418,000 — +31.9%; Net Income improved to $2,599,000 vs. $992,000 Investing Transactions segment and net loss $(2,502,000) vs. $(1,633,000) — +53.2% (greater loss). - Liquidity: Cash & equivalents $15,195,000 at June 30, 2025 (vs. $8,694,000 at June 30, 2024) — +74.8%. - Capital investment: Real estate capex $1,739,000 (FY2024: $2,309,000) — -24.7%; Hotel capex $2,252,000 (FY2024: $4,078,000) — -44.8%. - Hotel KPIs: Occupancy 92% (82% in FY2024) — +12.2% (up 10 pts); ADR $218 ($217) — +0.5%; RevPAR $200 ($177) — +13.0%. - Renovation impact: The hotel’s comprehensive renovation was completed in June 2024; with no out‑of‑order rooms during FY2025, results benefited from full room availability throughout the year. - Subsidiary going-concern alleviated: At Portsmouth Square, Inc., following the March 28, 2025 refinancing and improving operations. - Subsequent event: InterGroup regained compliance with Nasdaq listing requirements. Operating Detail Hotel Operations: FY2025 segment income $8,732,000 vs. $5,747,000; Occupancy 92%, ADR $218, RevPAR $200. Hotel revenues $46,363,000 (FY2024: $41,886,000); operating expenses $37,631,000 (FY2024: $36,139,000). Real Estate Operations: FY2025 segment income $8,465,000 vs. $6,418,000; continued focus on property operations and capex to support long-term value. Investing Transactions: FY2025 segment loss $(2,502,000) vs. $(1,633,000). Ownership note: InterGroup’s results include its approximately 76% ownership interest in Portsmouth Square, Inc. KPI Note Occupancy represents rooms sold as a percentage of rooms available; ADR represents average room rate paid; RevPAR is ADR multiplied by occupancy. David C. Gonzalez, Chief Operating Officer, said: "FY2025 reflects disciplined execution in our operating segments. At the Hilton San Francisco Financial District, stronger occupancy and steady rate drove meaningful improvement in Hotel segment results. In our multifamily and commercial portfolio, operating fundamentals supported higher segment income year over year. I also want to recognize our amazing hotel and real estate teams—their continued dedication and hard work are directly reflected in our performance. On a consolidated basis, EBITDA increased 131.7% year over year to $13.2 million, driven by stronger hotel performance (including the benefit of full room availability following the June 2024 renovation completion) and higher real estate segment income (see reconciliation below)." John V. Winfield, President & CEO, added: "We’re also encouraged by continuing signs of recovery in the City of San Francisco, which, alongside our ongoing property upgrades, positions the Hotel to compete effectively as conventions and business travel continue to normalize. Our investment segment recorded a loss this year amid portfolio concentration and market volatility; results in this area can vary from period to period. It’s also important to remember that GAAP carries our real estate at historical cost, which can understate the intrinsic value of our assets—we remain focused on long-term value creation." Reconciliation of Net Loss (GAAP) to EBITDA (Non-GAAP) — (in thousands) Year-over-year change in EBITDA: +131.7%. Note: Interest expense reflects the consolidated GAAP amount per the Company’s Form 10-K; intercompany/related-party interest between consolidated entities is eliminated in consolidation. Non-GAAP Cautionary Statement: EBITDA is a non-GAAP financial measure defined by the Company as net income (loss) before interest expense, income tax expense (benefit), and depreciation and amortization. Management uses EBITDA as a supplemental measure to evaluate operating performance and liquidity. EBITDA should not be considered in isolation or as a substitute for GAAP measures, and our definition of EBITDA may differ from similarly titled measures used by other companies. The most directly comparable GAAP measure is net income (loss), which is presented with equal or greater prominence above. A reconciliation from GAAP to EBITDA is provided in the table. About The InterGroup Corporation (NASDAQ: INTG) is a diversified company with investments primarily in real estate and hospitality and, to a lesser extent, marketable securities. The Company’s hotel operations consist of the Hilton San Francisco Financial District, and its real estate portfolio includes multifamily and commercial properties primarily in Texas, Missouri, Kentucky, and California. Forward-Looking Statements This press release includes forward-looking statements within the meaning of federal securities laws, which involve risks and uncertainties that could cause actual results to differ materially. These statements are based on current expectations and assumptions and are subject to risks described in InterGroup’s Annual Report on Form 10-K for the year ended June 30, 2025. The Company undertakes no obligation to update forward-looking statements except as required by law. Investor Contact The InterGroup Corporation (310) 889-2500 | [email protected]
Investor releaseQuarter not tagged2025-05-17InterGroup Third Quarter 2025 Earnings: US$0.27 loss per share (vs US$1.44 loss in 3Q 2024)
Simply Wall St.
InterGroup Third Quarter 2025 Earnings: US$0.27 loss per share (vs US$1.44 loss in 3Q 2024)
Revenue: US$16.8m (up 13% from 3Q 2024). Net loss: US$578.0k (loss narrowed by 82% from 3Q 2024). US$0.27 loss per share (improved from US$1.44 loss in 3Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period InterGroup shares are up 2.1% from a week ago. We should say that we've discovered 3 warning signs for InterGroup (2 don't sit too well with us!) that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

