American Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2026
DALLAS--( BUSINESS WIRE)--American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended September 30, 2026. For the three months ended September 30, 2026, we reported net loss attributable to common shares of $0.7 million or $0.04 per share, compared to a net income attributable to common shares of $0.1 million or $0.01 per share for the same period in 2025.
Financial Highlights
Financial Results
Revenues increased $1.1 million from $12.8 million for the three months ended September 30, 2025 to $13.9 million for the three months ended September 30, 2026. The increase in revenue is primarily due to an increase of $1.5 million from our multifamily properties offset in part by a decrease of $0.4 million from our commercial properties. The increase in revenue from our multifamily properties is due to the lease-up of our Development Properties.
Net operating loss increased $1.0 million from $1.6 million for the three months ended September 30, 2025 to $2.6 million for the three months ended September 30, 2026. Our increase in net operating loss was primarily due to a $1.4 million increase in operating expenses from the lease-up properties for the three months ended September 30, 2026.
Net (loss) income attributable to common shares changed approximately $0.8 million from net income of $0.1 million for the three months ended September 30, 2025 to a net loss of $0.7 million for the three months ended September 30, 2026. The decrease in net income is primarily attributed to a $1.0 million increase in net operating loss and a $1.2 million decrease in interest income, net offset in part by a $1.2 million decrease in tax provision.
About American Realty Investors, Inc.
American Realty Investors, Inc., a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, shopping centers, and developed and undeveloped land. The Company invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate. The Company also holds mortgage receivables. The Company’s primary asset and source of its operating results is its investment in Transcontinental Realty Investors, Inc. (NYSE:TCI). For more information, visit the Company’s website at www.americanrealtyinvest.com.
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026
2025
2026
2025
$
13,288
$
11,919
$
37,180
$
34,856
618
916
1,933
2,147
13,906
12,835
39,113
37,003
8,927
7,550
24,436
20,062
3,726
2,936
11,053
8,881
1,617
1,719
4,601
4,745
2,206
2,203
6,333
6,714
16,476
14,408
46,423
40,402
(2,570)
(1,573)
(7,310)
(3,399)
3,548
4,099
10,182
11,462
(2,354)
(1,691)
(8,125)
(5,288)
-
116
412
(24)
822
755
2,021
5,593
(177)
(1,386)
328
(1,197)
(731)
320
(2,492)
7,147
29
(191)
229
(1,226)
$
(702)
$
129
$
(2,263)
$
5,921
$
(0.04)
$
0.01
$
(0.14)
$
0.37
16,152,043
16,152,043
16,152,043
16,152,043