Presidio Property Trust Reports Q3 2025 Earnings: Net Loss Narrows
San Francisco, Thursday, 13 November 2025.
Presidio Property Trust’s Q3 2025 earnings reveal a net loss of $1.9 million, a significant improvement from last year’s $6.6 million loss, amid declining revenues and real estate asset adjustments.
Earnings Overview
Presidio Property Trust, Inc. (Nasdaq: SQFT, SQFTP, SQFTW) announced its earnings for the third quarter of 2025, revealing a net loss of approximately $1.9 million, or $1.53 per basic and diluted share. This marks a significant improvement from the net loss of approximately $6.6 million, or $5.33 per basic and diluted share, reported for the same period in 2024 [1][2].
Revenue and Asset Adjustments
Total revenues for the quarter ended September 30, 2025, were approximately $4.2 million, down from $4.7 million in the previous year. This decline was primarily due to a decrease in commercial real estate rental income following the sale of two commercial properties earlier in the year [1][2]. As of September 30, 2025, the company reported net real estate assets of approximately $113.3 million, down from $131.4 million at the end of September 2024, reflecting these asset sales [3].
Strategic Outlook and Market Conditions
Despite the challenges, Presidio Property Trust remains optimistic about future prospects. The company has observed an increase in resale activity as mortgage rates have slightly decreased, surpassing sales expectations. Management expressed hope that continued easing of rates will sustain this momentum, potentially driving a surge in demand [1]. Additionally, the company is actively exploring acquisition opportunities that align with its stringent investment criteria [2].
Financial Highlights and Operational Strategy
Presidio’s financial strategy includes maintaining a disciplined approach to managing its real estate portfolio. The company reported a Funds from Operations (FFO) of approximately $(0.6) million and a Core FFO of $(0.3) million for the quarter. Meanwhile, the mortgage debt stood at $94.6 million with a weighted average interest rate of 6.17% [3]. These figures underscore the company’s focus on improving operational efficiency amid evolving economic conditions.