Filing Flows › Lightstone Value Plus REIT IV (LTSV) › Q1 2026 › vs Q4 2025
Lightstone Value Plus REIT IV (LTSV) Q1 2026 vs Q4 2025 (quarter over quarter)
Lightstone Value Plus REIT IV's revenue fell $3.6M (-42%) from $8.6M in Q4 2025 to $5.0M in Q1 2026. The biggest changes: Room Revenue −$3.3M (-51%); Food Beverage and Other Revenue −$256K (-13%).
Lightstone Value Plus REIT IV, Q1 2026: revenue $5.0M (-2% year over year), operating margin -22.2%, net loss $3.5M, operating cash flow −$1.3M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Room Revenue | $3.3M | $6.6M | −$3.3M | -51% |
| Food Beverage and Other Revenue | $1.7M | $2.0M | −$256K | -13% |
| Revenue | $5.0M | $8.6M | −$3.6M | -42% |
| Net loss | $3.5M | $469K | $3.1M | +654% |
| Costs & expenses | $8.5M | $9.1M | −$529K | -6% |
| Operating costs | $6.1M | $6.5M | −$367K | -6% |
| Interest & other, net | $2.4M | $2.6M | −$162K | -6% |
| General & admin | $512K | $533K | −$21K | -4% |
| Other operating costs | $5.6M | $5.9M | −$346K | -6% |
| Operating cash sources | $3.5M | $469K | $3.1M | +654% |
| Depreciation & amortization | $982K | $967K | $15K | +2% |
| Working capital & other | $1.3M | $72K | $1.2M | 17× |
| Cash used in operations | $1.3M | −$570K | $1.9M | — |
| Net loss absorbed | $3.5M | $469K | $3.1M | +654% |
Questions
How much did Lightstone Value Plus REIT IV's revenue grow quarter over quarter in Q1 2026?
Lightstone Value Plus REIT IV's revenue fell $3.6M (-42%) from $8.6M in Q4 2025 to $5.0M in Q1 2026.
What drove Lightstone Value Plus REIT IV's revenue change in Q1 2026?
Room Revenue −$3.3M (-51%); Food Beverage and Other Revenue −$256K (-13%).