Every 10-Q that Clipper Realty Inc. (CLPR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CLPR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CLPR filings page.
Clipper Realty Inc. reported Q2 2026 revenues of $38,575, slightly below $39,036 a year earlier, as higher residential rent (up to $32,222) was offset by weaker commercial rent ($6,353). Income from operations was $9,389, but higher interest expense of $15,654 led to a net loss of $6,265 or $0.19 per share.
For the first half of 2026, revenue was $76,690 and net loss $17,409, compared with $78,434 and $36,459 in 2025, reflecting the absence of last year’s large impairment charge. At June 30, 2026, notes payable were $1,280,048 versus total assets of $1,220,738, resulting in a total equity deficit of $105,393.
Residential fundamentals were strong, with average rent per square foot rising to $91.88 at Tribeca House, $33.13 at Flatbush Gardens and $91.19 at Clover House. However, the City of New York’s lease at 250 Livingston Street has terminated and the building is vacant, while 141 Livingston Street’s lease expired and continues on holdover terms.
The company’s subsidiary defaulted on the $125,000 mortgage secured by 250 Livingston Street. A court-appointed temporary receiver now controls that property, and under a June 4, 2026 Consent and Cooperation Agreement the lender may foreclose or take a deed in lieu after a joint loan-marketing period; the borrower may also bid for the loan. Clipper estimates roughly $9,550 of interest, default interest and fees outstanding on this loan as of June 30, 2026.
Clipper also reached a class-action wage-and-hour settlement, accruing $3,809 year-to-date for its estimated share of losses and legal fees. Despite these pressures, cash provided by operating activities was $17,999 for the first half, and the board later declared a dividend of $0.095 per share payable August 26, 2026.
Clipper Realty Inc. reports another quarterly loss while managing heavy leverage and key New York City lease transitions. For the three months ended March 31, 2026, total revenue was $38,115 thousand versus $39,398 thousand a year earlier, as commercial rental income fell to $6,211 thousand from $10,208 thousand after one major City of New York lease terminated and another expired.
Residential rental income grew to $31,904 thousand from $29,190 thousand, and the prior-year $33,780 thousand impairment did not recur, lifting income from operations to $4,402 thousand versus a loss of $23,581 thousand. However, higher net interest expense of $15,546 thousand resulted in a net loss of $11,144 thousand, with a loss attributable to common stockholders of $4,238 thousand, or $0.30 per share, compared with $0.86 loss per share a year earlier.
At March 31, 2026, total assets were $1,225,996 thousand, including investment in real estate, net, of $1,143,407 thousand, funded by notes payable of $1,285,799 thousand and a total equity deficit of $95,524 thousand. The company remains highly dependent on New York City government leases, which represented 11% of revenues this quarter, and faces litigation and loan challenges, including a receiver appointed over its 250 Livingston Street property. Cash and cash equivalents plus restricted cash totaled $54,651 thousand at period end, with cash provided by operating activities of $3,568 thousand. As of May 14, 2026, there were 16,157,566 common shares outstanding.
Clipper Realty Inc. reported Q3 2025 results showing steady revenue but a wider loss. Total revenues were $37,698, with residential rental income of $29,773 and commercial rental income of $7,925. Interest expense rose to $13,320, and the quarter’s net loss was $4,607; loss attributable to common stockholders was $1,751 (basic and diluted loss per share $0.14).
Year to date, revenues reached $116,132, and the net loss was $41,066, driven in part by a $33,780 impairment recorded in Q1. The company sold 10 West 65th Street for $45,500, repaid a $31,200 mortgage, and recognized disposal losses of $172 in Q3 and $857 year to date. Cash and restricted cash ended the period at $56,645, with operating cash flow of $16,464.
Debt activity was significant: the 1010 Pacific Street property was refinanced on October 1 with a new $84,500 loan at 5.73% maturing in 2030, retiring the prior Valley loan and producing net proceeds of about $2,100. The company detailed default notices and ongoing negotiations at 250 Livingston Street and litigation around reserve and lease matters at 141 Livingston Street. Total liabilities were $1,303,806 and total equity (deficit) was $(65,840). Shares outstanding were 16,146,546 as of November 6, 2025.
Clipper Realty (CLPR) Q2 2025 10-Q highlights: Total revenue rose 4.5% YoY to $39.0 million, driven by a 4.7% rise in residential rent and a 4.0% lift in commercial rent. Operating expenses increased only 3.1%, lifting income from operations to $10.8 million (Q2 2024: $10.0 million). Nevertheless, higher interest expense and a $0.7 million loss on asset disposal kept Q2 net loss to common shareholders at $0.5 million, or –$0.07 per share. For the six-month period, a $33.8 million impairment on 10 W 65th Street pushed the net loss to $36.5 million (–$0.93 per share).
Balance-sheet & liquidity: Net real-estate assets fell to $1.16 billion after the impairment and May 30 sale of 10 W 65th for $45.5 million (repaying a $31.2 million mortgage). Cash & restricted cash climbed to $60.8 million, aided by $1.1 million of released escrows. Debt remains heavy at $1.28 billion with a negative equity position of $57.7 million. The $125 million 250 Livingston and $100 million 141 Livingston loans are under special servicing amid alleged covenant defaults; related litigation seeks a receiver and cash sweeps. Key NYC government leases that supply meaningful office rent expire/terminate between August and December 2025, creating renewal risk. Operating cash flow held at $15.0 million; dividend/distribution payments totaled $3.1 million per quarter.