Quarterly ResultMay 14, 2026, 05:32 PM
Cantor Fitzgerald Income Trust Q1 Net Loss Widens to $(3.88)M
AI Summary
Cantor Fitzgerald Income Trust reported a wider net loss of $(3.88) million for Q1 2026, compared to a net loss of $(0.69) million in Q1 2025, with diluted EPS at $(0.22). Total revenues increased to $26.57 million. The company reclassified the Fisher Road Property as held for sale, valued at $50.77 million, and completed an underwritten public offering of 800,000 shares of Series A Preferred Stock in April 2026.
Key Highlights
- Net loss widened to $(3.88) million in Q1 2026 from $(0.69) million in Q1 2025.
- Diluted EPS was $(0.22) for Q1 2026, compared to $(0.04) in Q1 2025.
- Total revenues increased to $26.57 million in Q1 2026, up from $23.68 million in Q1 2025.
- Investment in real estate, held for sale, increased to $50.77 million from $5.61 million.
- Net cash used in operating activities was $(6.01) million, a shift from $8.65 million provided in Q1 2025.
- Total assets decreased to $1.12 billion as of March 31, 2026, from $1.14 billion at December 31, 2025.
- Completed an underwritten public offering of 800,000 shares of Series A Preferred Stock in April 2026.