The InterGroup Corporation Reports Improved Operating Results for the Quarter Ended December 31, 2025; Completes Sale of a Non‑Core Los Angeles Multifamily Property

Rhea-AI Summary

InterGroup (NASDAQ: INTG) reported improved results for the quarter ended December 31, 2025, with total revenues of $17.3M (up 20%) and net income attributable to InterGroup of $1.5M ($0.71 diluted). Hotel revenue rose 27% to $12.6M and the Company recorded a $3.51M GAAP gain from sale of a non-core 12‑unit Los Angeles multifamily property.

Cash, cash equivalents and restricted cash totaled $15.0M as of Dec. 31, 2025, and the sale generated approximately $2.58M net cash proceeds.

Positive

• Total revenues +20% to $17.3M
• Hotel revenue +27% to $12.6M
• GAAP gain on sale of $3.51M; net cash proceeds ~$2.58M

Negative

• Real estate segment income essentially flat at $2.22M (2025) vs $2.27M (2024)
• Marketable securities small at $0.9M versus cash concentration

News Market Reaction – INTG

-2.10%

1 alert

-2.10% News Effect

On the day this news was published, INTG declined 2.10%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Total revenues: $17.3M vs $14.4M Net income: $1.0M vs -$3.7M Net income attrib.: $1.5M ($0.71) vs -$2.7M (-$1.26) +5 more

8 metrics

Total revenues $17.3M vs $14.4M Quarter ended Dec 31, 2025 vs 2024

Net income $1.0M vs -$3.7M Quarter ended Dec 31, 2025 vs 2024

Net income attrib. $1.5M ($0.71) vs -$2.7M (-$1.26) Quarter ended Dec 31, 2025 vs 2024

GAAP gain on sale $3.51M Gain on sale of non-core Los Angeles multifamily property

Property sale price $4.85M Sale of 12‑unit Los Angeles multifamily property

Net cash proceeds $2.58M Cash received after closing costs from property sale

Cash & restricted cash $15.0M As of Dec 31, 2025 (cash, cash equivalents, restricted cash)

ADR $234 vs $190 Hotel ADR for three months ended Dec 31, 2025 vs 2024

Market Reality Check

Price: $30.36 Vol: Volume 7,901 is below 20-...

low vol

$30.36 Last Close

Volume Volume 7,901 is below 20-day average 12,985 (relative volume 0.61). low

Technical Trading above 200-day MA: price 27.76 vs MA 21.33.

Peers on Argus

INTG was down 0.93% while peers like GHG and CVEO showed small gains and broader...

3 Up

INTG was down 0.93% while peers like GHG and CVEO showed small gains and broader sector names such as SOND and UOKA were mixed to negative, pointing to a stock-specific reaction rather than a sector-wide move.

Previous Earnings Reports

1 past event · Latest: Oct 09 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Oct 09	Annual earnings	Positive	+1.6%	FY2025 results with stronger segment income, EBITDA and liquidity.

Pattern Detected

Limited earnings history in the dataset: the last earnings release saw a modest positive move of about 1.55% on improved results and liquidity.

Recent Company History

This announcement continues a trend of improving fundamentals. In FY2025, InterGroup reported higher hotel and real estate income, stronger liquidity, and regained Nasdaq compliance. Subsequent quarters showed rising hotel KPIs and maintained cash and restricted cash balances above $13M. A non-core Los Angeles property sale, first disclosed in January 2026, added liquidity and a sizable gain. Today’s quarterly update folds that gain into results while highlighting ongoing hotel recovery and portfolio optimization.

Historical Comparison

+1.6% avg move · Past earnings news moved INTG about 1.55% on improved FY2025 performance. The current pre-news setup...

earnings

+1.6%

Average Historical Move earnings

Past earnings news moved INTG about 1.55% on improved FY2025 performance. The current pre-news setup with a -0.93% move suggests a more muted or cautious initial response.

Earnings releases have emphasized improving hotel and real estate income, stronger cash balances, and resolution of going‑concern issues after the FY2025 refinancing.

Market Pulse Summary

This announcement highlights stronger quarterly performance, including revenue growth, a swing to ne...

Analysis

This announcement highlights stronger quarterly performance, including revenue growth, a swing to net income, and a $3.51M gain from selling a non-core 12‑unit property. Hotel metrics such as ADR and occupancy improved, and total cash, cash equivalents, and restricted cash reached $15.0M. In context of earlier FY2025 improvements and Nasdaq compliance, investors may focus on ongoing hotel demand, future real estate dispositions, and how leverage and interest costs evolve over time.

Key Terms

gaap, adr, revpar, going concern

4 terms

gaap financial

"The Company recognized a GAAP gain on sale of real estate of $3.5 million..."

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

adr technical

"Three months ended Dec. 31 | ADR | Occupancy | RevPAR"

An American Depositary Receipt (ADR) is a financial certificate that lets investors buy shares of a foreign company through U.S. stock markets, similar to buying a local wrapper that represents the underlying foreign shares. ADRs matter because they make investing in overseas companies easier and more liquid by trading in U.S. dollars and under U.S. market rules, while still carrying currency, regulatory, and country-specific risks that can affect share value.

revpar technical

"Three months ended Dec. 31 | ADR | Occupancy | RevPAR"

RevPAR, or revenue per available room, is a measure used in the hotel industry to show how much money a hotel earns from each of its rooms over a certain period. It helps investors understand how well a hotel is performing financially, similar to how a store's sales per square foot reveal its profitability. Higher RevPAR indicates better use of resources and stronger financial health.

going concern financial

"substantial doubt regarding Portsmouth’s ability to continue as a going concern was alleviated..."

A going concern is a business that is expected to continue its operations and meet its obligations for the foreseeable future, rather than shutting down or selling off assets. This assumption matters to investors because it indicates stability and ongoing profitability, making the business a more reliable investment. Think of it as believing a restaurant will stay open and serve customers, rather than closing down suddenly.

AI-generated analysis. Not financial advice.

Los Angeles, California, Feb. 17, 2026 (GLOBE NEWSWIRE) -- The InterGroup Corporation (NASDAQ: INTG) (the “Company” or “InterGroup”) reported results for the quarter ended December 31, 2025 and highlighted continued progress in its consolidated hotel operations and stable performance in its real estate portfolio. During the quarter, the Company also completed the sale of a non-core 12‑unit multifamily property in Los Angeles County, strengthening liquidity and providing additional working capital.

Quarterly highlights (three months ended December 31, 2025 vs. 2024)

• Total revenues increased to $17.3 million from $14.4 million, an increase of $2.9 million (+20%).
• Hotel revenues increased to $12.6 million from $9.9 million, an increase of $2.7 million (+27%).
• Real estate revenues increased to $4.6 million from $4.5 million, an increase of $0.2 million (+4%).
• Income from operations increased to $2.0 million from $0.9 million.
• Net income was $1.0 million compared to a net loss of $3.7 million.
• Net income attributable to InterGroup was $1.5 million ($0.71 per diluted share) compared to a net loss attributable to InterGroup of $2.7 million ($1.26 per diluted share).
• The Company recognized a GAAP gain on sale of real estate of $3.5 million from the disposition of a non-core Los Angeles multifamily property.

Segment Performance (Three Months Ended December 31, 2025 vs. 2024)

Segment income (loss)		2025			2024
Hotel Operations	$	2,234,000		$	910,000
Real Estate Operations	$	2,221,000		$	2,268,000
Investment Transactions	$	(340,000	)	$	(901,000	)

Hotel Operating Metrics (Hilton San Francisco Financial District)

Three months ended Dec. 31	ADR		Occupancy		RevPAR
2025	$	234	92	%	$	215
2024	$	190	88	%	$	168

During the quarter, Portsmouth returned 14 guest rooms to available room inventory upon completion of renovations in September 2025, after having previously used the rooms for administrative office space and other purposes.

Disposition of Non-Core Los Angeles Multifamily Property

In December 2025, InterGroup completed the sale of a non-core 12‑unit multifamily property in Los Angeles County for a sales price of approximately $4.85 million. The related mortgage loan with an outstanding principal balance of approximately $1.83 million was repaid in full at closing, and net cash proceeds from the sale after closing costs were approximately $2.58 million. The Company recognized a GAAP gain on sale of approximately $3.51 million in the quarter.

The transaction will be subject to applicable federal and state income tax liabilities.

Liquidity and Capital Resources

As of December 31, 2025, the Company had cash and cash equivalents of $6.6 million and restricted cash of $8.4 million. Total cash, cash equivalents, and restricted cash were $15.0 million. Marketable securities measured at fair value were $0.9 million.

As previously disclosed, Portsmouth completed a refinancing in March 2025 that extended maturities and improved liquidity; as a result, substantial doubt regarding Portsmouth’s ability to continue as a going concern was alleviated as of June 30, 2025.

Management Commentary

David C. Gonzalez, Chief Operating Officer of InterGroup, said:

“Our second fiscal quarter reflected continued progress in both our hotel and real estate operations. At the Hotel, revenue growth benefited from higher room demand and the return of 14 guest rooms to inventory following renovations completed in September 2025. Across our real estate portfolio, we remained focused on disciplined operations, occupancy, and property-level execution. We also completed the sale of a small, non-core property in the normal course of business, adding working capital and sharpening our focus on our core holdings.”

John V. Winfield, President, Chairman and Chief Executive Officer of InterGroup, added:

“We remain cautiously optimistic as operating conditions in San Francisco continue to stabilize and recover. Separately, this quarter’s disposition of a non-core multifamily asset underscores our long-held view that historical-cost accounting under GAAP for real estate can differ significantly from underlying economic value. We also continue to manage our marketable securities activity with a focus on risk awareness and liquidity.”

About The InterGroup Corporation

The InterGroup Corporation (NASDAQ: INTG) is a diversified holding company with interests in hospitality, real estate, and marketable securities. InterGroup’s portfolio includes a majority interest in Portsmouth Square, Inc., which owns the Hilton San Francisco Financial District, as well as other real estate holdings and an investment portfolio of marketable securities.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of federal securities laws. Forward-looking statements include, without limitation, statements regarding market recovery, anticipated operating performance, liquidity, and the expected impacts of the real estate disposition. These statements are subject to risks and uncertainties that could cause actual results to differ materially, including factors described in the Company’s filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10‑Q for the quarter ended December 31, 2025 and its most recent Annual Report on Form 10‑K. The Company undertakes no obligation to update forward-looking statements except as required by law.

Investor Contact
The InterGroup Corporation
1516 S. Bundy Drive, Suite 200
Los Angeles, CA 90025
(310) 889‑2500

FAQ

What were InterGroup (INTG) total revenues and net income for Q2 fiscal 2026 (quarter ended Dec. 31, 2025)?

InterGroup reported total revenues of $17.3 million and net income attributable to InterGroup of $1.5 million ($0.71 diluted) for the quarter ended Dec. 31, 2025. According to the company, revenues rose 20% year-over-year driven by hotel operations.

How did InterGroup's hotel performance (INTG) change in the quarter ended Dec. 31, 2025?

Hotel revenues increased to $12.6 million, a 27% rise year-over-year, with ADR up to $234 and RevPAR $215. According to the company, stronger room demand and return of 14 renovated rooms supported the improvement.

What was the impact of the Los Angeles multifamily property sale on InterGroup (INTG) liquidity?

The sale produced approximately $2.58 million net cash proceeds and a $3.51 million GAAP gain in the quarter. According to the company, proceeds strengthened liquidity and provided additional working capital.

How much cash did InterGroup (INTG) hold as of Dec. 31, 2025 and what was total liquidity?

As of Dec. 31, 2025, InterGroup held $6.6 million cash and $8.4 million restricted cash, totaling $15.0 million in cash, cash equivalents, and restricted cash. According to the company, marketable securities were $0.9 million.

Did InterGroup (INTG) report any segment-level profit changes for the quarter ended Dec. 31, 2025?

Yes. Hotel operations segment income rose to $2,234,000 while real estate operations was $2,221,000; investment transactions showed a loss. According to the company, hotel improvement drove consolidated operating gains.