Seritage Growth Properties (SRG) Revenue & Revenue Breakdown


OverviewOwnershipFinancialsChart

Seritage Growth Properties Revenue Highlights


Latest Revenue (Y)

$20.78M

Latest Revenue (Q)

$4.22M

Main Segment (Y)

Tenant Reimbursements

Main Geography (Y)

Tenant Reimbursements

Seritage Growth Properties Revenue by Period


Seritage Growth Properties Revenue by Year

DateRevenueChange
2023-12-31$20.78M-80.59%
2022-12-31$107.06M-8.25%
2021-12-31$116.68M0.16%
2020-12-31$116.50M-30.92%
2019-12-31$168.63M-21.48%
2018-12-31$214.75M-10.90%
2017-12-31$241.02M-3.08%
2016-12-31$248.67M118.96%
2015-12-31$113.57M-

Seritage Growth Properties generated $20.78M in revenue during NA 2023, up -80.59% compared to the previous quarter, and up 9.68% compared to the same period a year ago.

Seritage Growth Properties Revenue by Quarter

DateRevenueChange
2024-06-30$4.22M-26.32%
2024-03-31$5.72M-37.58%
2023-12-31$9.17M81.62%
2023-09-30$5.05M-14.21%
2023-06-30$5.88M765.29%
2023-03-31$680.00K-97.04%
2022-12-31$22.94M-2.37%
2022-09-30$23.50M-20.88%
2022-06-30$29.70M-3.89%
2022-03-31$30.91M8.34%
2021-12-31$28.52M-1.65%
2021-09-30$29.00M4.05%
2021-06-30$27.87M-10.89%
2021-03-31$31.28M13.12%
2020-12-31$27.65M-17.96%
2020-09-30$33.71M54.48%
2020-06-30$21.82M-34.51%
2020-03-31$33.32M-9.05%
2019-12-31$36.63M-23.08%
2019-09-30$47.63M17.57%
2019-06-30$40.51M-7.64%
2019-03-31$43.86M-20.42%
2018-12-31$55.11M-2.61%
2018-09-30$56.59M14.86%
2018-06-30$49.27M-8.38%
2018-03-31$53.78M0.18%
2017-12-31$53.68M-16.19%
2017-09-30$64.05M10.63%
2017-06-30$57.89M-11.48%
2017-03-31$65.40M-1.21%
2016-12-31$66.20M14.91%
2016-09-30$57.61M-6.89%
2016-06-30$61.87M-1.80%
2016-03-31$63.00M5.87%
2015-12-31$59.51M10.07%
2015-09-30$54.06M-

Seritage Growth Properties generated $4.22M in revenue during Q2 2024, up -26.32% compared to the previous quarter, and up 620.00% compared to the same period a year ago.

Seritage Growth Properties Revenue Breakdown


Seritage Growth Properties Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 18
Management Service$1.20M
Tenant Reimbursements$57.50M

Seritage Growth Properties's latest annual revenue breakdown by segment (product or service), as of Dec 18: Tenant Reimbursements (97.96%), and Management Service (2.04%).

Quarterly Revenue by Product

Product/ServiceDec 18Sep 18Jun 18
Tenant Reimbursements$12.96M$15.33M$12.52M
Management Service$167.00K$115.00K$914.00K

Seritage Growth Properties's latest quarterly revenue breakdown by segment (product or service), as of Dec 18: Tenant Reimbursements (98.73%), and Management Service (1.27%).

Seritage Growth Properties Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 18
Management Service$1.20M
Tenant Reimbursements$57.50M

Seritage Growth Properties's latest annual revenue breakdown by geography, as of Dec 18: Tenant Reimbursements (97.96%), and Management Service (2.04%).

Quarterly Revenue by Country

CountryDec 18Sep 18Jun 18
Tenant Reimbursements$12.96M$15.33M$12.52M
Management Service$167.00K$115.00K$914.00K

Seritage Growth Properties's latest quarterly revenue breakdown by geography, as of Dec 18: Tenant Reimbursements (98.73%), and Management Service (1.27%).

Seritage Growth Properties Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
REGRegency Centers$1.32B$357.25M
BRXBrixmor Property Group$1.25B$315.69M
KRGKite Realty Group Trust$823.00M$212.43M
SKTTanger$464.41M$128.96M
UEUrban Edge Properties$416.92M$106.55M
AKRAcadia Realty Trust$338.69M$87.25M
ROICRetail Opportunity Investments$327.73M$83.32M
BFSSaul Centers$257.21M$66.94M
GTYGetty Realty$185.85M$49.94M
SRGSeritage Growth Properties$20.78M$4.22M
SITCSITE Centers$2.22M$143.09M
IVTInvenTrust Properties$1.53M$367.00K

SRG Revenue FAQ


Seritage Growth Properties's yearly revenue for 2023 was $20.78M, representing a decrease of -80.59% compared to 2022. The company's yearly revenue for 2022 was $107.06M, representing a decrease of -8.25% compared to 2021. SRG's yearly revenue for 2021 was $116.68M, representing an increase of 0.16% compared to 2020.

Seritage Growth Properties's quarterly revenue for Q2 2024 was $4.22M, a -26.32% decrease from the previous quarter (Q1 2024), and a -28.35% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $5.72M, a -37.58% decrease from the previous quarter (Q4 2023), and a 741.51% increase year-over-year (Q1 2023). SRG's quarterly revenue for Q4 2023 was $9.17M, a 81.62% increase from the previous quarter (Q3 2023), and a -60.04% decrease year-over-year (Q4 2022).

Seritage Growth Properties's revenue growth rate for the last 3 years (2021-2023) was -82.19%, and for the last 5 years (2019-2023) was -87.68%.

Seritage Growth Properties's revenue streams in c 18 are Management Service, and Tenant Reimbursements. Management Service generated $1.2M in revenue, accounting 2.04% of the company's total revenue Tenant Reimbursements generated $57.5M in revenue, accounting 97.96% of the company's total revenue

For the fiscal year ending Dec 18, the largest source of revenue of Seritage Growth Properties was Tenant Reimbursements. This segment made a revenue of $57.5M, representing 97.96% of the company's total revenue.