Stratus Properties Q1 FY26 net income turns to USD 13.5 million; revenue falls to USD 3.8 million

Stratus Properties Inc.

Stratus Properties Inc.

STRS

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  • Stratus Properties posted Q1 2026 net income of USD 13.51 million, swinging from a loss a year earlier, while net income attributable to common stockholders turned to USD 6.63 million, or USD 0.82 per diluted share.
  • Revenue fell 24.82% to USD 3.79 million.
  • EBITDA rose to USD 17.13 million from a loss a year earlier.
  • Board unanimously backed a plan of complete liquidation and dissolution, projecting potential liquidating distributions of USD 29.73 to USD 37.69 per share, subject to stockholder approval at June 1 annual meeting.
  • Completed sale of Kingwood Place for USD 60.8 million; received offer for Jones Crossing retail component for USD 46.5 million, while entering contracts to sell New Caney land for about USD 12.7 million and last Amarra Villas home for USD 3.6 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stratus Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605120815BIZWIRE_USPR_____20260512_BW384425) on May 12, 2026, and is solely responsible for the information contained therein.