InterGroup Reports Q1 Net Loss and 8% Rise in Real Estate Revenues
Reuters
Nov 18, 2025
InterGroup Reports Q1 Net Loss and 8% Rise in Real Estate Revenues
The InterGroup Corporation reported a GAAP net loss of $1.2 million for the first quarter of fiscal 2026, compared to a net loss of $0.9 million in the prior year period. Net loss attributable to InterGroup was $0.5 million, versus $0.4 million last year. EBITDA (non-GAAP) decreased 9.7% year-over-year to $4.5 million. The real estate segment reported income of $3.2 million, up 20.1% from $2.6 million, with segment revenues rising 8.0% to $5.5 million. In the hotel segment, average daily rate (ADR) increased 3.8% to $218, occupancy was 95%, and revenue per available room (RevPAR) grew 2.5% to $207. Cash, cash equivalents, and restricted cash totaled $13.4 million at the end of the quarter. The company noted the prior going-concern doubt at Portsmouth Square, Inc. was alleviated following hotel refinancing.
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