---
title: "Power REIT 1Q 2026: Revenue $480.4K, Net loss per share (basic) $(0.07) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286596877.md"
description: "Power REIT reported Q1 2026 revenue of $480.4K, a slight decrease from $485.8K in Q1 2025. The net loss improved to $1.06M from $1.58M year-over-year, with Core FFO per share at $(0.07), up from $(0.40). The portfolio includes railroad, solar land, and greenhouse space, with high revenue concentration from two tenants. Management is focused on capital recycling and improving property performance."
datetime: "2026-05-15T17:11:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286596877.md)
  - [en](https://longbridge.com/en/news/286596877.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286596877.md)
---

# Power REIT 1Q 2026: Revenue $480.4K, Net loss per share (basic) $(0.07) — 10-Q Summary

Power REIT reported first-quarter 2026 results with revenue of $480.4K and an improved net loss attributable to common shareholders of $1.06M versus a $1.58M loss a year earlier, while Core FFO per common share (non‑GAAP) narrowed to $(0.07) from $(0.40) in Q1 2025.

**Financial Highlights**

-   Revenue was $480.4K for Q1 2026, down from $485.8K in Q1 2025; YoY change (1.1%).
-   Net income: Net loss attributable to common shareholders was $1,056,479 for Q1 2026, improved from a net loss of $1,576,319 in Q1 2025.
-   Diluted EPS: Diluted EPS not provided; basic weighted average shares 3,672,274. Core FFO per common share (non‑GAAP) was $(0.07) for Q1 2026 versus $(0.40) in Q1 2025.

**Business Highlights**

-   Portfolio composition includes ~112 miles of railroad, ~447 acres of utility-scale solar land (approximately 82 MW) and about 330,000 sq ft of controlled-environment agriculture (CEA) greenhouse space.
-   Revenue concentration remains high: two tenants, Norfolk Southern and Regulus Solar, accounted for roughly 96% of income in Q1 2026.
-   Management continues capital recycling, marketing non-core and underperforming properties and assets held for sale to optimize the portfolio.
-   Greenhouse strategy focuses on reducing carrying costs following an April 2025 lender settlement and pursuing leases or sales of retained greenhouse assets.
-   Operational priorities include improving property performance, re-leasing vacancies and selective acquisitions aimed at boosting cash flow.

Original SEC Filing: Power REIT \[ PW \] - 10-Q - May. 15, 2026

**Disclaimer**

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.

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