FRP Holdings GAAP EPS of -$0.04, revenue of $10.59M

* FRP Holdings press release [https://seekingalpha.com/pr/20512090-frp-holdings-inc-reports-fiscal-2026-first-quarter-results] (FRPH [https://seekingalpha.com/symbol/FRPH]): Q1 GAAP EPS of -$0.04.
* Revenue of $10.59M (+2.8% Y/Y).
*
G&A of $4.1 million, up $1.5 million versus Q1 2025, driven by $311,000 higher audit fees, $173,000 of valuation and accounting consulting fees, $110,000 of IT consulting and higher wages all primarily related to the Altman acquisition

*
Net investment income decreased $873,000, reflecting reduced earnings on cash equivalents on lower balances and rates ($650,000) and lower lending venture income ($223,000) on smaller loan balances

MORE ON FRP HOLDINGS

* FRP Holdings, Inc. (FRPH) Shareholder/Analyst Call Prepared Remarks Transcript [https://seekingalpha.com/article/4903186-frp-holdings-inc-frph-shareholder-analyst-call-prepared-remarks-transcript]
* FRP Holdings: Altman Acquisition Adds Ambition, Not Answers [https://seekingalpha.com/article/4896018-frp-holdings-altman-acquisition-adds-ambition-not-answers]
* FRP Holdings, Inc. 2025 Q4 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4891067-frp-holdings-inc-2025-q4-results-earnings-call-presentation]
* Frp holdings outlines 2026 NOI of $37.1M-$37.7M while integrating Altman platform [https://seekingalpha.com/news/4574197-frp-holdings-outlines-2026-noi-of-37_1m-37_7m-while-integrating-altman-platform]
* Financial information for FRP Holdings [https://seekingalpha.com/symbol/FRPH/income-statement]