Here are the 10-Q quarterly reports from Office Prptys Inc 6.375% (OPIRQ) in our archive since June 2025, 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 OPIRQ 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 OPIRQ filings page.
Office Properties Income Trust reported a net loss of $93,021 for the three months ended March 31, 2026, compared with a loss of $45,867 a year earlier. Rental income declined to $108,868 from $113,615 as vacancies and lower renewal rents weighed on results.
The company is operating as a debtor-in-possession under Chapter 11, with $1,569,407 of liabilities classified as subject to compromise and a confirmed reorganization plan that has not yet become effective. Under the plan, existing common shares will be cancelled and receive no recovery, while senior debt will be largely exchanged into new secured notes and equity of the reorganized entity.
Total assets were $3,467,854 and shareholders’ equity was $788,131 at March 31, 2026. The company faces substantial doubt about its ability to continue as a going concern due to liquidity constraints, inability to refinance maturing debt and reliance on successful implementation of the restructuring plan, including a $125,000 debtor‑in‑possession term loan facility.
Office Properties Income Trust reports deep losses and severe financial stress in its quarter ended September 30, 2025. Rental income fell to $109.1M from $120.6M a year earlier, while the company posted a quarterly net loss of $66.3M and a nine‑month net loss of $153.4M, compared with prior‑year nine‑month net income of $12.6M.
Total assets were $3.50B and shareholders’ equity $999.8M, supported by a 124‑property portfolio with about 17.2M rentable square feet that was 78.3% leased. However, heavy secured and unsecured borrowings, together with weak cash flow, led the company to conclude there is substantial doubt about its ability to continue as a going concern.
After period‑end, OPI and certain subsidiaries commenced Chapter 11 proceedings and arranged a $125M debtor‑in‑possession term loan. A confirmed reorganization plan would convert large portions of existing debt into new secured notes and equity and cancel existing common shares with no recovery for current shareholders. The company also suspended common dividends and its shares were delisted from Nasdaq.