Seritage Growth Properties financials
$1.72−1.71%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.2M | $17.6M | $20.8M | $107.1M | $116.7M | $116.5M | $168.6M | $214.8M | $241.0M | $248.7M |
| Gross profit | $18.2M | $17.6M | $20.8M | $107.1M | $116.7M | $116.5M | $168.6M | $214.8M | $241.0M | $248.7M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | -$36.5M | -$51.5M | -$174.1M | -$209.8M | -$152.6M | -$150.4M | -$55.8M | -$118.1M | -$114.6M | -$30.4M |
| Net income | -$73.1M | -$158.4M | -$159.8M | -$78.8M | -$33.0M | -$109.9M | -$64.3M | -$78.4M | -$74.0M | -$51.6M |
| Net margin | −401.6% | −899.1% | −769.1% | −73.6% | −28.3% | −94.4% | −38.1% | −36.5% | −30.7% | −20.7% |
| Diluted EPS | $-1.30 | $-2.82 | $-2.85 | $-1.59 | $-0.78 | $-2.87 | $-1.77 | $-2.20 | $-2.19 | $-1.64 |
| EBITDA | -$30.2M | -$38.4M | -$52.4M | -$6.1M | -$5.4M | $7.9M | $48.3M | $107.8M | $146.9M | $165.1M |
| Operating cash flow | -$34.9M | -$53.5M | -$53.1M | -$117.9M | -$136.0M | -$47.3M | -$57.7M | $54.9M | $59.6M | $97.2M |
| Free cash flow | -$61.2M | -$81.1M | -$132.8M | -$217.2M | -$241.7M | -$294.1M | -$445.3M | -$258.7M | -$183.5M | $31.0M |
| Diluted shares | 56.3M | 56.3M | 56.2M | 49.7M | 42.4M | 38.3M | 36.4M | 35.6M | 33.8M | 31.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $48.1M | $85.2M | $134.0M | $133.5M | $106.6M | $143.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $47.7M | $240.0M | $360.0M | $1.03B | $1.46B | $1.62B |
| Total assets | $393.8M | $677.8M | $973.9M | $1.84B | $2.41B | $2.65B |
| Total liabilities | $61.0M | $272.0M | $410.7M | $1.12B | $1.57B | $1.77B |
| Shareholders' equity | $332.8M | $405.8M | $563.2M | $722.6M | $844.8M | $882.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology