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Seaport Entertainment Group (SEG) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 4, 2026

Seaport Entertainment Group (SEG) reported revenue of $32.7M for the third quarter 2026 (Q3 2026), -27% from a year earlier and -5% from the quarter before. Operating margin was -28.2%, net loss $8.0M (24.5% of revenue).

Revenue$32.7M
Year over year-27%
Quarter over quarter-5%
Operating margin-28.2%
Net earnings−$8.0M

Seaport Entertainment Group, Q3 2026: revenue $32.7M (-27% year over year), operating margin -28.2%, net loss $8.0M, operating cash flow −$9.2M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$32.7M-5%-27%
Operating profit−$9.2M——
Net earnings−$8.0M——
Operating cash flow−$9.2M——

What changed

Revenue was $32.7M in Q3 2026, down 27% year over year and down 5% from the previous quarter. Entertainment was the largest line at 60% of revenue. Hospitality lost $8.7M year over year (down 52%), 71% of the total change.

Operating costs exceeded revenue by $9.2M, an operating margin of -28.2%. Total costs fell 47% while revenue fell 27%. The quarter ended with a net loss of $8.0M, narrower than the previous quarter's $10.1M loss.

Operating cash flow was −$9.2M. Non-cash charges added back $4.3M of depreciation and amortization. Working capital and other items used $5.5M.

Questions

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

Seaport Entertainment Group (SEG) reported revenue of $32.7M for the third quarter 2026 (Q3 2026), -27% from a year earlier and -5% from the quarter before.

Was Seaport Entertainment Group profitable in the third quarter 2026?

Operating loss was $9.2M (-28.2% of revenue) and net loss $8.0M.

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