10-K · March 13, 2026
Sachem Capital Corp. reported a revenue of $12,721,000 for Q4 2025, exceeding prior estimates, while full year 2025 net income stabilized at $1.8 million after severe losses in 2024. The company successfully…
Earnings analysis · 10-Q
SACH earnings analysis
Filed May 20, 2026 · Our reading of the company's report
The latest report
Sachem Capital Corp. reported Q1 2026 financial results showcasing revenue of $9.8 million and an EPS of $0.02, meeting expectations. The company announced a strategic transaction with IRG, reflecting positive growth…
Read full summary
Sachem Capital Corp. reported Q1 2026 financial results showcasing revenue of $9.8 million and an EPS of $0.02, meeting expectations. The company announced a strategic transaction with IRG, reflecting positive growth potential despite a net loss of $7.2 million, framed within increased transaction expenses and a material credit loss adjustment.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.02
- Gross margin
- 6.76%
What stood out
-
Revenue Rebounded
Revenue for Q1 2026 was $9.8 million, growing from $9 million in Q4 2025, reflecting a steady recovery.
-
EPS in Line with Expectations
Diluted EPS for Q1 2026 was $0.02, consistent with consensus estimates.
-
Strategic Transaction with IRG Announced
Sachem Capital announced a significant strategic partnership aimed at enhancing growth through an industrial-focused portfolio.
-
Cash Flow Improvement
Operating cash flow increased significantly to $835,000 in Q1 2026 compared to just $191,000 in Q1 2025.
-
Decrease in Operating Costs
Total operating expenses escalated to $5.7 million in Q1 2026, but are showing a focus on strategic investments.
-
Gross Margin Stabilization
Gross margin improved at 6.76%, up from 5.3% in Q4 2025, as operational efficiencies take effect.
What to watch
-
Significant Net Loss Posted
Sachem Capital recorded a net loss of $7.2 million in Q1 2026, a stark contrast to a slight profit of $0.9 million in Q1 2025.
-
High Provision for Credit Losses
A provision for credit losses increased dramatically to $5.37 million, up from $1.05 million in the prior year period, indicating rising credit risks.
-
Material Weakness in Internal Controls
A material weakness was identified in internal controls over financial reporting, which could lead to inaccurate financial statements.
Management's outlook
Management's outlook is primarily focused on the completion of the strategic transaction with IRG and increased scrutiny on credit.
Earlier filings 3
10-Q · November 5, 2025
Sachem Capital Corp. reported a mixed performance for Q3 2025, with total revenue of $12 million, which exceeded estimates by about 11.4%. However, earnings per share came in at break-even rather than the expected…
10-Q · August 5, 2025
Sachem Capital Corporation reported Q2 2025 results showing stable EPS at $0.02, aligning with estimates, while revenue fell to $10.8 million, down 28.9% year-over-year due to reduced loan origination and an increase in…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.