Office Properties Income TrustOPI

Office Properties Income Trust has just finished a quarter where it lost $93.0 million on $108.9 million of revenue, according to its 10-Q for the period ending March 31, 2026. The net loss attributable to parent equates to $-1.26 per diluted share, a figure so clean it feels like a typo. The trust’s diluted share count sits at 73.6 million, and its operating cash flow clocked in at a negative $52.9 million for the quarter. These are not edge-case footnotes; they are the core operating metrics for a trust whose assets total $3.47 billion against liabilities of $2.68 billion, leaving $788.1 million in equity for unitholders. The numbers do not flinch, and neither should the analysis.

OPI’s public pages are full of disclaimers-actual results may differ materially from forward-looking statements-repeated on the news, properties, and financial-information rails. The properties page banners that 59.6% of annualized rental income comes from investment-grade tenants, yet the same page carries the same disclaimer, as though the trust’s marketing is auditioning for a role in a compliance training video. The dividend allocations page for 2025 sits next to the same caveat, as if investors are meant to trust pro-forma math while the trust’s cash and equivalents stand at just $26.3 million. The platform’s logo and properties carousel do not change the cash flow reality.

The trust’s latest 10-Q reports revenues of $108.9 million, net loss attributable to parent of $93.0 million, diluted EPS of $-1.26, and operating cash flow of $-52.9 million for the quarter ending March 31, 2026. Assets total $3.47 billion, liabilities $2.68 billion, and stockholders’ equity attributable to parent is $788.1 million. Cash and cash equivalents are $26.3 million. The weighted average diluted shares outstanding are 73.6 million. The Schedule 13D/A filings from July 24, 2026, and the 10-Q for the quarter ending March 31, 2026, are the primary sources for these numbers.

On April 22, 2026, the Bankruptcy Court entered an order confirming the Fourth Amended Joint Chapter 11 Plan of Reorganization for Office Properties Income Trust and its debtor affiliates. This is a material development, yet the trust’s most recent filing is a 10-Q, not a post-reorganisation update. The SEC submissions JSON and companyfacts JSON for CIK 0001456772 provide the filing index and metadata, but they do not substitute for audited financials or a post-reorganisation balance sheet. The company’s own rails host disclaimers and property lists, not a restated balance sheet or a revised cash flow bridge.

There is The source-change rail is filing/source-led and does not use chart-derived signals. Chart context is available separately on this page through the Atlas chart snapshot or TradingView route where available. The trust’s operating story is currently grounded in filings and disclaimers, not in market price or liquidity depth. The SEC’s EDGAR feed is the primary data rail; the trust’s own website is the secondary rail. Neither changes the arithmetic of a net loss, negative operating cash flow, or thin liquidity. If the trust were to file a post-reorganisation 10-Q or a liquidity bridge, that would materially change the file.