INTG Overview

Financial Performance: InterGroup Corporation reported a consolidated net loss of $1,159,000 for Q1 2026, with a notable increase in real estate segment income to $3,157,000, reflecting a 20.1% year-over-year growth.

Hotel Operations: The hotel segment experienced a net loss of $2,302,000, a 51.2% increase in losses compared to the previous year, despite a 5.1% rise in total hotel revenues to $12,418,000.

Marketable Securities: The company recorded a modest net gain of $136,000 in marketable securities, maintaining a focus on liquidity and disciplined risk management.

Management Insights: CEO John V. Winfield noted signs of recovery in the San Francisco hospitality market, while COO David C. Gonzalez emphasized operational stability and strategic focus on leasing and expense control.

Financial Performance: The InterGroup Corporation reported a net loss of $7.5 million for FY2025, a significant improvement from a $12.6 million loss in FY2024, with consolidated EBITDA increasing by 131.7% year-over-year to $13.2 million.

Segment Highlights: The Hotel Operations segment saw a 51.9% increase in income to $8.7 million, while the Real Estate Operations segment income rose by 31.9% to $8.5 million, reflecting strong occupancy rates and improved operational fundamentals.

Liquidity and Compliance: The company improved its liquidity with cash and equivalents rising to $15.2 million, and successfully alleviated going-concern uncertainty at its subsidiary Portsmouth Square, Inc., regaining compliance with Nasdaq listing requirements.

Operational Insights: The Hilton San Francisco Financial District benefited from a comprehensive renovation completed in June 2024, leading to full room availability and higher occupancy rates, while the investment segment faced challenges amid market volatility.