ARL American Realty Investors Inc.

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American Realty Investors Reported Earnings

Thursday, August 6, 2026 · 5:15 PM ET

American Realty Investors (ARL) reported a loss of $0.06 per share on revenue of $12.87 million for the . . Revenue grew 5.81% on a year-over-year basis.

American Realty Investors, Inc. is engaged in investing in equity interests in real estate, leases, joint venture development projects and partnerships and, to a lesser extent, financing real estate and real estate activities through investments in mortgage loans, including first, wraparound and junior mortgage loans.

Earnings Whisper Grade —
Power Rating—
Reported Earnings
($0.06)
Earnings Whisper®
—
Consensus Estimate
—
Earnings Surprise
Earnings Growth-133.3 %
Reported Revenue
$12.87M
Revenue Estimate
—
Revenue Surprise
Revenue Growth5.8 %

American Realty Investors, Inc. reports Earnings for Quarter Ended June 30, 2026

Thursday, August 6, 2026 · 5:15 PM ET Business Wire

DALLAS--(BUSINESS WIRE)--American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended June 30, 2026. For the three months ended June 30, 2026, we reported net loss attributable to common shares of $1.0 million or $0.06 per share, compared to a net income attributable to common shares of $2.8 million or $0.18 per share for the same period in 2025.

Financial Highlights

  • Total occupancy was 81% at June 30, 2026, which includes 93% at our multifamily properties and 58% at our commercial properties.
  • Occupancy for our Alera, Bandera Ridge and Merano (collectively, our “Development Properties”) at June 30, 2026 was 86%, 85% and 77%, respectively.
  • During the three months ended June 30, 2026, we sold 21 lots from our holdings in Windmill Farms for $1.0 million, resulting in a gain on sale of $0.8 million.

Financial Results

Revenues increased $0.7 million from $12.2 million for the three months ended June 30, 2025 to $12.9 million for the three months ended June 30, 2026. The increase in revenue is primarily due to an increase of $0.5 million from our multifamily properties and $0.2 million from our commercial properties. The increase in revenue from our multifamily properties is due to the lease-up of our Development Properties and the increase from our commercial properties is primarily due to an increase in occupancy at Stanford Center.

Net operating loss increased $1.5 million from $1.0 million for the three months ended June 30, 2025 to $2.5 million for the three months ended June 30, 2026. Our increase in net operating loss was primarily due to a $1.6 million increase in operating expenses from the lease-up properties for the three months ended June 30, 2026.

Net (loss) income attributable to common shares changed approximately $3.8 million from net income of $2.8 million for the three months ended June 30, 2025 to a net loss of $1.0 million for the three months ended June 30, 2026. The decrease in net income is primarily attributed to a $1.5 million increase in net operating loss and a $1.6 million decrease in interest income, net offset in part by a $1.3 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.

AMERICAN REALTY INVESTORS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in thousands, except per share amounts)
(Unaudited)
 

Three Months Ended June 30,

 

Six Months Ended June 30,

2026

 

2025

 

2026

 

2025

 
Revenues:
Rental revenues

$

12,236

$

11,510

$

23,892

$

22,937

Other income

 

630

 

650

 

1,315

 

1,231

Total revenue

 

12,866

 

12,160

 

25,207

 

24,168

Expenses:
Property operating expenses

 

8,176

 

6,535

 

15,509

 

12,512

Depreciation and amortization

 

3,697

 

3,062

 

7,327

 

5,945

General and administrative

 

1,498

 

1,534

 

2,984

 

3,026

Advisory fee to related party

 

2,044

 

2,042

 

4,127

 

4,511

Total operating expenses

 

15,415

 

13,173

 

29,947

 

25,994

Net operating loss

 

(2,549)

 

(1,013)

 

(4,740)

 

(1,826)

Interest income

 

2,810

 

3,353

 

6,634

 

7,363

Interest expense

 

(2,803)

 

(1,777)

 

(5,771)

 

(3,597)

Equity in income from unconsolidated joint ventures

 

412

 

19

 

412

 

(140)

Gain on real estate transactions

 

814

 

947

 

1,199

 

4,838

Income tax provision

 

71

 

1,335

 

505

 

189

Net (loss) income

 

(1,245)

 

2,864

 

(1,761)

 

6,827

Net loss (income) attributable to noncontrolling interest

 

235

 

(37)

 

200

 

(1,035)

Net (loss) income attributable to the common shares

$

(1,010)

$

2,827

$

(1,561)

$

5,792

Earnings per share
Basic and diluted

$

(0.06)

$

0.18

$

(0.10)

$

0.36

Weighted average common shares used in computing earnings per share
Basic and diluted

 

16,152,043

 

16,152,043

 

16,152,043

 

16,152,043

 

American Realty Investors, Inc.
Investor Relations
Erik Johnson (469) 522-4200
investor.relations@americanrealtyinvest.com

Source: American Realty Investors, Inc.