<div><div></div><div>Seaport Entertainment Group Inc. announced its financial results for the fourth quarter and full year ended December 31, 2025. The company, which focuses on real estate-driven hospitality and entertainment, highlighted significant progress in its first full year as a standalone public entity. Financial Highlights For the fourth quarter of 2025, Seaport Entertainment Group reported a net loss attributable to common stockholders of $36.9 million, a decrease of 11.4% year-over-year. On a per-share basis, the net loss decreased by 20.4% to $2.89. The company's total revenues for the quarter increased by 30.4% to $29.5 million compared to the same period in 2024.For the full year 2025, the net loss attributable to common stockholders improved by 23.8% to $116.7 million, with a per-share improvement of 45.4% to $9.18. Total revenues for the year increased by 18.3% to $130.4 million. Business and Operational Highlights Seaport Entertainment Group made notable strides in its business operations. The company executed a five-year lease with Lux Entertainment to open the Balloon Museum in the Tin Building, replacing the former Tin Building by Jean-Georges food and beverage operation. Additionally, the company closed the sale of the 250 Water Street development site for $143.0 million, resulting in net proceeds of approximately $76.1 million.Other significant developments include the signing of a 10-year management and lease agreement with a Brooklyn-based arts, culture, and hospitality concept for the historic Cobblestones, and the announcement of Sadie’s, a new American neighborhood restaurant set to open in spring 2026. Strategic Initiatives and Corporate Developments The Board of Directors authorized a new stock repurchase program in February 2026, allowing the company to purchase up to $50.0 million of its outstanding common stock. Additionally, the Board authorized the filing of a shelf registration statement on Form S-3 with the SEC, enabling the company to offer and sell up to $150.0 million of securities.Seaport Entertainment Group also uplisted to the NYSE from the NYSE American and was added to the Russell 2000 Index and Russell Microcap Index. Management's Perspective Matt Partridge, President and CEO, expressed optimism about the company's progress and future. He highlighted the company's achievements in financial performance, strategic partnerships, and asset repositioning. Partridge emphasized the company's commitment to creating lasting value for the community, stakeholders, and shareholders. Future Outlook Looking ahead, Seaport Entertainment Group plans to continue its momentum into 2026 with the anticipated opening of the Balloon Museum in the Tin Building and the launch of Sadie’s restaurant. The company also aims to expand its event space in Pier 17 and maintain high occupancy rates within the Seaport neighborhood.Original SEC Filing: Seaport Entertainment Group Inc. [ SEG ] - 8-K - Mar. 04, 2026<section>Disclaimer<div>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.</div></section></div></div>

SMDV

VTWG

VTWO

VTWV

Seaport Entertainment Group Inc. reported its Q4 and full year 2025 financial results, showing a net loss of $36.9 million for Q4, a decrease of 11.4% year-over-year, and total revenues of $29.5 million, up 30.4%. For the full year, the net loss improved to $116.7 million, with revenues increasing by 18.3% to $130.4 million. The company executed a lease for the Balloon Museum and sold a development site for $143 million. A new stock repurchase program was authorized, and the company uplisted to the NYSE, joining the Russell 2000 and Microcap Indexes. Management remains optimistic about future growth and strategic initiatives.

Seaport Entertainment Group Q4 and Full Year 2025 Financial Results