INTG earnings analysis
What we found in INTG's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
The InterGroup Corporation's Q2 2026 results show a significant recovery with a net income of $595,000 compared to a net loss of $750,000 in Q2 2025. Revenue improved to $20,372,000 driven by strong hotel performance, while operating expenses were effectively managed, leading to improved margins and a notable decrease in investment losses.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Strong Revenue Growth
- Total revenue increased to $20,372,000, up 21% from $16,824,000 in Q2 2025.
- Return to Profitability
- Net income of $595,000 compared to a net loss of $750,000 in the same quarter last year.
- Improved Hotel Operations
- Hotel revenues rose to $16,497,000 from $12,210,000, with segment income up to $5,123,000 from $2,525,000.
- Effective Cost Management
- Total costs increased to $16,112,000 but operating income improved significantly from $2,350,000 to $4,260,000.
- Recovery of Market Demand
- ADR rose to $306 from $241, and occupancy increased to 94% from 89%.
- Increased Cash Reserves
- Cash and cash equivalents increased to $9,283,000 from $5,092,000 since June 30, 2025.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Ongoing Weakness in Real Estate Revenue
- Real estate segment revenues declined to $3,875,000 from $4,614,000 year over year due to market pressures.
- Investment in Marketable Securities
- Net loss on marketable securities was $49,000, compared to a loss of $1,097,000 in Q2 2025.
- Limited Profitability in Hotel Segment
- Despite revenue growth, the hotel segment noted a net loss of $840,000 for the nine months ended March 31, 2026.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.21
- Gross margin
- 78.97%
- Operating margin
- 20.92%
- Segment
- Hotel Operations
- Segment
- Real Estate Operations
- Segment
- Investment Transactions
What they said about what is next.
Outlook deferred to earnings press release / call.
The filing reads better than the one before it.
What came before.
- 10-Q · February 12, 2026
- InterGroup reported Q2 revenue of $17,301,000 (up from $14,441,000 a year ago) and income from operations of $2,015,000 (vs $853,000 a year ago). Diluted EPS turned positive at $0.71 vs $(1.26) in the prior-year…
- 10-Q · November 12, 2025
- InterGroup reported revenue of $17,913,000 for the three months ended September 30, 2025, up $1,007,000 versus the prior year quarter, driven by higher Hotel and real estate revenue. Operating income declined to…
- 10-K · September 30, 2025
- InterGroup (INTG) emphasizes a hybrid strategy of operating a full-service Hilton hotel in San Francisco while owning and managing a portfolio of 16 apartment complexes and other real estate, plus a marketable…
- 10-Q · May 15, 2025
- Revenue rose to $16,824,000 in Q3 (three months ended March 31, 2025), up from $14,883,000 a year earlier, while income from operations improved to $2,350,000 (14.0% operating margin) versus $709,000 (4.8%) in the prior…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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