SRG
Seritage Growth Properties
NYSE · Real Estate · REIT - Retail · US
$2.08
−4.15%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 12.7M | 18.2M | 17.6M | 20.8M | 107.1M |
| Cost of Revenue | 13.1M | 16.4M | 20.3M | 27.4M | 65.7M |
| Gross Profit | (370.0K) | 1.8M | (2.7M) | (6.6M) | 41.3M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 20.1M | 31.9M | 30.0M | 46.0M | 47.6M |
| General & Admin Expense | 20.1M | 31.9M | 30.0M | 46.0M | 47.6M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 1.8M | 6.3M | 13.1M | 14.5M | 41.1M |
| Total Operating Expenses | 21.8M | 38.2M | 43.1M | 60.5M | 88.7M |
| Cost and Expenses | 34.9M | 54.7M | 63.4M | 87.9M | 154.5M |
| Operating Income (EBIT) | (22.2M) | (36.5M) | (45.8M) | (67.1M) | (47.4M) |
| Non-Operating | |||||
| Interest Income | 983.0K | 1.6M | 2.5M | 17.1M | 37.8M |
| Interest Expense | 11.3M | 20.3M | 25.0M | 44.6M | 86.7M |
| Net Interest Income | (10.3M) | (18.7M) | (22.5M) | (27.5M) | (49.0M) |
| Other Non-Op Income/Expense | (31.7M) | (31.7M) | (106.2M) | (87.8M) | (72.2M) |
| Non-Operating Income (excl Interest) | 20.4M | 11.5M | 81.2M | 43.2M | (14.5M) |
| EBT (Pre-Tax Income) | (53.9M) | (68.2M) | (152.0M) | (154.9M) | (119.6M) |
| Income Tax Expense | 2.5M | — | 1.6M | 38.0K | 466.0K |
| Bottom Line | |||||
| Net Income | (56.4M) | (68.2M) | (153.5M) | (154.9M) | (73.9M) |
| Earnings from Cont. Ops | (56.4M) | (68.2M) | (153.5M) | (154.9M) | (120.1M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (58.9M) | (73.1M) | (158.4M) | (159.8M) | (78.8M) |
| Per Share | |||||
| Basic EPS | ($1.05) | ($1.30) | ($2.82) | ($2.85) | ($2.42) |
| Diluted EPS | ($1.05) | ($1.30) | ($2.82) | ($2.85) | ($2.42) |
| Revenue Per Share | $0.23 | $0.32 | $0.31 | $0.37 | $2.15 |
| Shares | |||||
| Basic Shares Outstanding | 56.3M | 56.3M | 56.3M | 56.2M | 49.7M |
| Diluted Shares Outstanding | 56.3M | 56.3M | 56.3M | 56.2M | 49.7M |
| Profitability Metrics | |||||
| EBITDA | (39.6M) | (41.5M) | (113.7M) | (95.7M) | 8.4M |
| D&A | 3.0M | 6.4M | 13.3M | 14.6M | 41.3M |
| EBIT | (42.6M) | (47.9M) | (127.0M) | (110.3M) | (32.9M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026