Transcontinental Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2026

DALLAS--( BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE:TCI) 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 $0.1 million or $0.02 per share, compared to net income $0.7 million or $0.08 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 approximately $1.0 million from $1.4 million for the three months ended September 30, 2025 to $2.4 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 the Company changed approximately $0.9 million from net income of $0.7 million for the three months ended September 30, 2025 to a net loss of $0.1 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 $1.4 million decrease in interest income, net offset in part by a $1.4 million decrease in tax provision.

About Transcontinental Realty Investors, Inc.

Transcontinental 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. For more information, visit the Company’s website at www.transconrealty-invest.com.

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

1,488

1,594

4,166

4,329

2,124

2,151

6,123

6,587

16,265

14,231

45,778

39,859

(2,359)

(1,396)

(6,665)

(2,856)

4,023

4,748

11,582

13,358

(2,321)

(1,651)

(8,027)

(5,170)

822

755

2,021

5,593

(176)

(1,572)

382

(4,936)

(11)

884

(707)

5,989

(130)

(160)

(393)

(478)

(141)

724

(1,100)

5,511

(0.02)

0.08

(0.13)

0.64

8,639,316