---
title: "Site Centers turns to Q2 FY26 net loss of $1.3 million; revenue drops to $6.95 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294731859.md"
description: "Site Centers reported a Q2 FY26 GAAP net loss of $1.3 million and revenue dropped 77.66% to $6.95 million due to lower rental income from property dispositions. Non-GAAP operating FFO turned to a loss of $4.6 million. Cash rose to $238.9 million, while the leased rate fell to 82.5%. The company issued a buy-sell notice under its DTP joint venture, requiring a partner decision by August 31 on transactions valued at approximately $32.4 million or $129.6 million."
datetime: "2026-08-03T20:06:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294731859.md)
  - [en](https://longbridge.com/en/news/294731859.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294731859.md)
generator: "portal-rs"
---

# Site Centers turns to Q2 FY26 net loss of $1.3 million; revenue drops to $6.95 million

-   Site Centers posted a GAAP net loss of $1.3 million, or $0.03 per diluted share, for the quarter ended June 30, 2026, swinging from profit. \* GAAP revenue fell 77.66% to $6.95 million from the year-ago quarter, on lower rental income following property dispositions. \* Non-GAAP operating FFO turned to a loss of $4.6 million, or $0.09 per diluted share, from income. \* Unrestricted cash climbed to $238.9 million at June 30, 2026; the leased rate slipped 5.3 percentage points to 82.5%. \* Delivered a buy-sell notice under the DTP joint venture; the partner must decide by Aug. 31 on a roughly $32.4 million or $129.6 million transaction. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Site Centers Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608031605BIZWIRE\_USPR\_\_\_\_\_20260803\_BW456296) on August 03, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**