Filing Flows › Portsmouth Square (PRSI) › Q3 FY26
Portsmouth Square (PRSI) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 11, 2026
Portsmouth Square (PRSI) reported revenue of $16.5M for the third quarter fiscal 2026 (Q3 FY26), +35% from a year earlier and +30% from the quarter before. Operating margin was 23.9%, net earnings $571K (3.5% of revenue).
Portsmouth Square, Q3 FY26: revenue $16.5M (+35% year over year), operating margin 23.9%, net earnings $571K, operating cash flow $3.4M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.5M | +30% | +35% |
| Operating profit | $3.9M | +292% | +212% |
| Net earnings | $571K | — | — |
| Operating cash flow | $3.4M | — | — |
| Free cash flow | $3.1M | — | — |
What changed
Revenue was $16.5M in Q3 FY26, up 35% year over year and up 30% from the previous quarter. Hotel Rooms was the largest line at 87% of revenue. Hotel Rooms added $3.9M year over year (up 37%), 91% of the total change.
Operating profit was $3.9M, a 23.9% margin (up 13.5 points year over year). Of the extra revenue versus Q3 FY25, 62% reached operating profit, above the 10% margin then. Total costs grew 15% against revenue growth of 35%. The fastest-growing cost line was Cost of revenue (+17%). Net earnings were $571K. The effective tax rate was 0.0%.
Operating cash flow was $3.4M, 602% of net earnings. Non-cash charges added back $917K of depreciation. Working capital and other items added $1.9M. Capital expenditures of $356K left free cash flow of $3.1M.
Questions
What was Portsmouth Square's revenue in the third quarter fiscal 2026?
Portsmouth Square (PRSI) reported revenue of $16.5M for the third quarter fiscal 2026 (Q3 FY26), +35% from a year earlier and +30% from the quarter before.
Was Portsmouth Square profitable in the third quarter fiscal 2026?
Operating profit was $3.9M (23.9% of revenue) and net earnings $571K.
Source: Portsmouth Square 10-Q on SEC EDGAR.