Every 10-Q that FRP Holdings, Inc. (FRPH) 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 FRPH 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 FRPH filings page.
FRP Holdings, Inc. reported a net loss attributable to the company of $(259,000), or $(0.01) per share, for the quarter ended June 30, 2026, compared with net income of $578,000, or $0.03 per share, a year earlier. For the first six months, the company posted a net loss attributable to the company of $(946,000) versus income of $2,288,000 in 2025.
Total revenues grew modestly to $11.1 million for the quarter and $21.7 million year‑to‑date, as double‑digit growth in Mining Royalty Lands offset lower lease revenue and higher general and administrative expenses. Pro rata net operating income was $9.4 million in the quarter and $18.2 million year‑to‑date, down 3–4% from 2025, driven by weaker occupancy and higher costs in the Multifamily and Industrial and Commercial segments.
The Mining Royalty Lands segment increased net operating income by 12.4% in the quarter, supported by a 6.8% rise in royalty tons and a 5.4% increase in royalty revenue per ton. Industrial and Commercial net operating income fell 39% as the Maryland warehouse portfolio operated at 49.4% leased, while Multifamily pro rata NOI declined 8.9% on softer Washington, D.C. performance. Cash, cash equivalents and restricted cash were $100,975,000, with total notes payable of $214,618,000 and $38,590,000 available under a $50 million revolving credit facility.
FRP Holdings reported a first-quarter 2026 net loss of $0.7 million, or $0.04 per share, compared with net income of $1.7 million, or $0.09 per share, a year earlier. Total revenue rose slightly to $10.6 million from $10.3 million, as higher mining royalties and new joint venture management fees offset lower lease revenue.
Operating profit fell to $0.5 million from $2.3 million, driven by a 58.5% increase in general and administrative expenses to $4.1 million, largely tied to the Altman Logistics acquisition, and weaker performance in the multifamily and industrial segments. Pro rata net operating income declined 5% to $8.9 million, with multifamily NOI down 12% and industrial/commercial NOI down 33% on lower occupancy and higher costs.
The mining royalty lands segment remained a bright spot, with revenue up 15% to $3.7 million and NOI up 15% as royalty tons rose 7.9% and royalty revenue per ton increased 6.5%. FRP continues to invest heavily in development, using $17.9 million for properties and joint ventures in the quarter, while cash, cash equivalents and restricted cash increased to $107.9 million and total debt rose to $203.9 million.
FRP Holdings, Inc. filed its Q3 2025 report, posting total revenues of $10.775 million and net income attributable to the Company of $0.662 million, or $0.03 per diluted share, versus $1.361 million, or $0.07, a year ago. Results were weighed by $1.281 million of expenses tied to the Altman Logistics platform acquisition, while mining royalties rose and equity losses from joint ventures improved.
Cash and cash equivalents were $134.853 million with secured notes payable of $185.338 million. The Company’s five‑year revolving credit facility is $50 million; it was undrawn at quarter‑end with $49.551 million available and $449,000 outstanding under letters of credit. Year‑to‑date operating cash flow was $21.252 million, and capital expenditures totaled $34.154 million.
Subsequent event: FRP acquired Altman Logistics’ operating platform and development pipeline for $33.5 million, with a net cash requirement of $23.5 million. Of $121.8 million in related construction financing, $45.3 million had been drawn at closing, resulting in a $5.2 million share of debt attributable to FRP. Common shares outstanding were 19,115,522 as of November 6, 2025.
FRP Holdings, Inc. reported mixed second-quarter results driven by operating gains in mining royalties and multifamily properties but a sharp drop in net income. Net income attributable to the Company for the three months ended June 30, 2025 was $578,000 (earnings per share $0.03), down materially from the prior year period. For the six months, net income attributable to the Company was $2.288 million (EPS $0.12).
Operationally, pro rata net operating income improved 5% in Q2 to $9.688 million and 7% year-to-date to $19.052 million, led by a 21% Q2 increase in Mining Royalty Lands NOI. Offsetting these gains were higher G&A and development professional fees (including $712,000 of legal due-diligence costs), lower net investment income, and industrial segment headwinds from vacancy and lease-up of a new spec warehouse. Subsequent events include a new $50 million five-year revolving credit facility and a July 23, 2025 joint venture to develop ~377,892 square feet of industrial space.