Income Opportunity Realty Investors, Inc. — Quarter Ended September 30, 2026 Earnings Summary
Financial Performance:
- Reported net income attributable to common shares of $0.9 million ($0.22 per diluted share) for the three months ended September 30, 2026, compared to $1.0 million ($0.25 per share) in the same period of 2025.
- Net income for the nine months ended September 30, 2026, was $2.6 million ($0.64 per share), down from $3.0 million ($0.74 per share) in the prior year period.
- Interest income from related parties decreased to $1.2 million for the three months ended September 30, 2026, from $1.4 million in the same period of 2025; for the nine-month period, it fell to $3.6 million from $4.1 million.
- Total operating expenses were $87,000 for the quarter ended September 30, 2026, compared to $90,000 in 2025; for the nine-month period, expenses were $281,000 versus $282,000.
- General and administrative expenses were $62,000 for the quarter (down from $63,000) and $209,000 for the nine months (up from $205,000).
- Advisory fees to related parties were $25,000 for the quarter (down from $27,000) and $72,000 for the nine months (down from $77,000).
- Income tax provision was $233,000 for the quarter (down from $274,000) and $689,000 for the nine months (down from $801,000).
- Weighted average common shares used in computing earnings per share remained constant at 4,066,178 for all reported periods.
Other Key Points:
- The company is a Dallas-based real estate investment company holding a portfolio of notes receivable, investing through direct equity ownership and partnerships.
- The slight decrease in net income for the quarter is explicitly attributed to a decrease in interest income.
- Company
- INCOME OPPORTUNITY REALTY INVESTORS INC
- Sector
- Financial Services
- Industry
- Mortgage Finance