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Seaport Entertainment Group (SEG) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

Seaport Entertainment Group (SEG) reported revenue of $34.3M for the second quarter 2026 (Q2 2026), -14% from a year earlier and +169% from the quarter before. Operating margin was -32.4%, net loss $10.1M (29.5% of revenue).

Revenue$34.3M
Year over year-14%
Quarter over quarter+169%
Operating margin-32.4%
Net earnings−$10.1M

Seaport Entertainment Group, Q2 2026: revenue $34.3M (-14% year over year), operating margin -32.4%, net loss $10.1M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$34.3M+169%-14%
Operating profit−$11.1M——
Net earnings−$10.1M——
Operating cash flow−$1.4M——

What changed

Revenue was $34.3M in Q2 2026, down 14% year over year and up 169% from the previous quarter. Entertainment was the largest line at 57% of revenue. Hospitality lost $8.2M year over year (down 54%), 148% of the total change.

Operating costs exceeded revenue by $11.1M, an operating margin of -32.4%. Total costs fell 19% while revenue fell 14%. The quarter ended with a net loss of $10.1M, narrower than the previous quarter's $43.8M loss.

Operating cash flow was −$1.4M. Non-cash charges added back $6.8M of depreciation and amortization. Working capital and other items added $1.9M.

Questions

What was Seaport Entertainment Group's revenue in the second quarter 2026?

Seaport Entertainment Group (SEG) reported revenue of $34.3M for the second quarter 2026 (Q2 2026), -14% from a year earlier and +169% from the quarter before.

Was Seaport Entertainment Group profitable in the second quarter 2026?

Operating loss was $11.1M (-32.4% of revenue) and net loss $10.1M.

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Source: Seaport Entertainment Group 10-Q on SEC EDGAR.