For Q1 FY2026 ended March 31, 2026, Seaport Entertainment Group Inc. reported revenue of $12.7 million, a decrease of 20.7% year-over-year. Net loss was $44.1 million, widening by 38.3% from the prior year. Operating loss was $42.5 million, up 30.0% year-over-year. Diluted EPS was -$3.47, compared to -$2.51 in the same quarter last year.
•Revenue fell 20.7% YoY to $12.7 million.
•Net loss widened 38.3% YoY to $44.1 million.
•Operating loss increased 30.0% YoY to $42.5 million.
•Diluted EPS was -$3.47, a 38.2% decline from -$2.51.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Seaport Entertainment Group Inc. owns develops, and operates a portfolio of entertainment and real estate assets primarily in New York City and Las Vegas. Its operations are structured into three segments: Hospitality.
Its portfolio also includes Entertainment, and Landlord Operations. The Hospitality segment operates fine dining and casual dining restaurants, cocktail bars, and nightlife and entertainment venues under The Fulton, Mister Dips, Carne Mare, Malibu Farm, Gitano, and The Lawn Club brands.
The Entertainment segment includes the Las Vegas Aviators Triple-A Minor League Baseball team, the Las Vegas Ballpark, the Fashion Show Mall Air Rights, events, and concerts Various sponsorship agreements across the Seaport and the Las Vegas Ballpark.
The Landlord Operations segment engages in the holding of ownership interests in and operation of physical real estate assets, such as restaurant, retail, office, and entertainment properties residential units. Incorporated in 2024, Seaport Entertainment is headquartered in New York, New York.
What does Seaport Entertainment Group Inc. (SEG) do?
Seaport Entertainment Group Inc. owns, develops, and operates a portfolio of entertainment and real estate assets, primarily in New York City and Las Vegas. Its operations are structured into three segments: Hospitality, Entertainment, and Landlord Operations. The Hospitality segment runs fine dining and casual dining restaurants, cocktail bars, and nightlife venues under brands such as The Fulton, Mister Dips, Carne Mare, Malibu Farm, Gitano, and The Lawn Club. The Entertainment segment includes the Las Vegas Aviators Triple-A Minor League Baseball team, the Las Vegas Ballpark, the Fashion Show Mall Air Rights, events, concerts, and sponsorship agreements. The Landlord Operations segment holds ownership interests in and operates physical real estate assets like restaurant, retail, office, and entertainment properties, as well as residential units.
Where is Seaport Entertainment Group Inc. (SEG) listed and what currency does it trade in?
Seaport Entertainment Group Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol SEG. The company trades in United States Dollars (USD). As a publicly traded company on a major U.S. exchange, its shares are available to investors through standard brokerage accounts. The NYSE listing provides liquidity and visibility for the company's stock.
What sector and industry does Seaport Entertainment Group Inc. (SEG) belong to?
Seaport Entertainment Group Inc. operates in the Real Estate sector and is classified under the Real Estate Services industry. This means the company is primarily involved in owning, developing, and managing real estate properties, but with a specific focus on entertainment and hospitality assets. Unlike traditional real estate investment trusts (REITs), Seaport Entertainment actively operates entertainment venues, restaurants, and a minor league baseball team, blending real estate ownership with operational management in the leisure and hospitality space.
Where is Seaport Entertainment Group Inc. (SEG) headquartered and what are its primary markets?
Seaport Entertainment Group Inc. is headquartered in New York, New York, United States. Its primary markets are New York City and Las Vegas, as stated in its business description. In New York, the company operates a variety of dining and entertainment venues, particularly in the Seaport district. In Las Vegas, its assets include the Las Vegas Aviators Triple-A baseball team, the Las Vegas Ballpark, and the Fashion Show Mall Air Rights. The company focuses on these two major metropolitan areas known for tourism, entertainment, and real estate development.
How does Seaport Entertainment Group Inc. (SEG) make money?
Seaport Entertainment Group Inc. generates revenue through three main segments. The Hospitality segment earns income from operating fine dining and casual dining restaurants, cocktail bars, and nightlife venues under brands like The Fulton, Mister Dips, Carne Mare, Malibu Farm, Gitano, and The Lawn Club. The Entertainment segment derives revenue from the Las Vegas Aviators baseball team, events and concerts at the Las Vegas Ballpark, sponsorship agreements, and the Fashion Show Mall Air Rights. The Landlord Operations segment generates rental income from leasing restaurant, retail, office, and entertainment properties, as well as residential units. This diversified model combines operational income from hospitality and entertainment with traditional real estate rental income.