For the quarter ending 2026-03-31, SITC made $13,016K in revenue. $938K in net income. Net profit margin of 7.21%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenue from operations | 13,016 | 20,456 | 27,100 | 33,470 |
| Operating and maintenance | 3,293 | 5,550 | 5,505 | 6,457 |
| Real estate taxes | 1,642 | 2,603 | 3,895 | 4,690 |
| Impairment charges | 17,450 | 6,093* | 106,570 | - |
| General and administrative | 8,899 | 10,735 | 10,295 | 9,418 |
| Depreciation and amortization | 5,017 | 9,276* | 10,768 | 12,921 |
| Total rental operation expenses | 36,301 | 34,256 | 137,033 | 33,486 |
| Interest expense | 0 | 456 | 3,975 | 5,314 |
| Interest income | 1,191 | 1,278 | 1,411 | 722 |
| Debt extinguishment costs | - | 8,703* | 576 | 504 |
| Gain on debt retirement | - | 0* | - | 0 |
| (loss) gain on equity derivative instruments | - | 0* | 0 | 0 |
| Transaction costs and other expense | - | 1,486* | 797 | - |
| Other income (expense), net | -994 | - | - | -1,373 |
| Total other income (expense) | 197 | -9,367 | -3,937 | -6,469 |
| (loss) income before earnings from discontinued operations, equity method investments and other items | - | -23,167 | -113,870 | -6,485 |
| (loss) income before earnings from equity method investments and other items | -23,088 | - | - | - |
| Equity in net (loss) income of joint ventures | -152 | -253 | -499 | -68 |
| Gain on disposition of real estate, net | - | - | 108,401 | 53,236 |
| Gain on sale and change in control of interests, net | - | 0* | - | 0 |
| Gain on sale of joint venture interests | 19,989 | - | - | - |
| Gain on disposition of real estate, net | 4,007 | 157,106* | - | - |
| Income before tax benefit (expense) | 756 | 133,686 | -5,968 | 46,683 |
| Tax benefit (expense) of taxable reit subsidiary and state franchise and income taxes | -182 | -744 | 190 | 179 |
| Income from continuing operations | - | 134,430 | -6,158 | 46,504 |
| Income from discontinued operations | - | 0 | 0 | 0 |
| Net income | 938 | 134,430 | -6,158 | 46,504 |
| Income attributable to non-controlling interests, net | - | 0 | - | - |
| Net income attributable to site centers | - | 134,430* | - | - |
| Write-off of preferred share original issuance costs | - | 0* | - | - |
| Preferred dividends | - | 0* | 0 | 0 |
| Amount reclassed to earnings - cash flow hedges | 0 | - | - | - |
| Net income attributable to common shareholders | - | 134,430 | -6,158 | 46,504 |
| Comprehensive income | 938 | - | - | - |
| Basic EPS | 0.02 | 2.563 | -0.13 | 0.88 |
| Diluted EPS | 0.02 | 2.563 | -0.13 | 0.88 |
| Basic Average Shares | 52,467,000 | 52,458,000 | 52,445,000 | 52,445,000 |
| Diluted Average Shares | 52,467,000 | 52,458,000 | 52,445,000 | 52,445,000 |
SITE Centers Corp. (SITC)
SITE Centers Corp. (SITC)