Office Properties Income Trust swings to net loss of $3.09 million in FY26 Q2 Successor period; revenue drops to $18.36 million
OPI•FY26 Q2 Successor period results
- Office Properties Income Trust posted a GAAP net loss of USD 3.09 million for June 18–30, 2026, swinging from a GAAP net loss of USD 789.02 million for April 1–June 17, 2026.
- Rental income was USD 18.36 million for June 18–30, 2026 versus USD 98.47 million for April 1–June 17, 2026.
- Adjusted EBITDAre was USD 10.9 million for June 18–30, 2026 versus USD 53.81 million for April 1–June 17, 2026.
Leasing, occupancy and balance sheet actions
- Executed 176,000 square feet of leasing with a 7.3-year weighted average lease term; same-property occupancy ended at 88.7%.
- Exited Chapter 11, cutting debt by USD 714 million; sold two properties for USD 58.5 million, agreed to sell nine for USD 49.7 million.
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