# American Realty Investors Inc: overview

ARL · NYSE · CIK 1102238 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/arl.md) · [Financials](/companies/arl/financials.md) · [Filings](/companies/arl/filings.md) · [Insiders](/companies/arl/insiders.md)

Latest reported revenue: [$12.9m](/filings/0001628280-26-054101.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:Revenues, accession 0001628280-26-054101).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [11.6](/filings/0001628280-26-057878.md) | [12.0](/filings/0001628280-26-057878.md) | [12.0](/filings/0001628280-26-057878.md) | [12.2](/filings/0001628280-26-057878.md) | [12.8](/filings/0001628280-26-057878.md) | [13.0](/filings/0001628280-26-057878.md) | [12.3](/filings/0001628280-26-031837.md) | [12.9](/filings/0001628280-26-054101.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(17.8%)](/filings/0001628280-26-057878.md) | [(14.8%)](/filings/0001628280-26-057878.md) | [(6.8%)](/filings/0001628280-26-057878.md) | [(8.3%)](/filings/0001628280-26-057878.md) | [(12.3%)](/filings/0001628280-26-057878.md) | [(23.3%)](/filings/0001628280-26-057878.md) | [(17.8%)](/filings/0001628280-26-031837.md) | [(19.8%)](/filings/0001628280-26-054101.md) |
| Net margin | % | [(150.4%)](/filings/0001628280-26-057878.md) | [(1.3%)](/filings/0001628280-26-057878.md) | [24.7%](/filings/0001628280-26-057878.md) | [23.2%](/filings/0001628280-26-057878.md) | [1.0%](/filings/0001628280-26-057878.md) | [75.2%](/filings/0001628280-26-057878.md) | [(4.5%)](/filings/0001628280-26-031837.md) | [(7.9%)](/filings/0001628280-26-054101.md) |
| Diluted EPS | $ per share | [(1.08)](/filings/0001628280-26-057878.md) | [(0.01)](/filings/0001628280-26-057878.md) | [0.18](/filings/0001628280-26-057878.md) | [0.18](/filings/0001628280-26-057878.md) | [0.01](/filings/0001628280-26-057878.md) | [0.60](/filings/0001628280-26-057878.md) | [(0.03)](/filings/0001628280-26-031837.md) | [(0.06)](/filings/0001628280-26-054101.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [42.0](/filings/0001102238-24-000004.md) | [37.5](/filings/0001102238-25-000004.md) | [50.5](/filings/0001628280-26-057878.md) | [47.3](/filings/0001628280-26-057878.md) | [50.0](/filings/0001628280-26-057878.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(49.0%)](/filings/0001102238-24-000004.md) | [(24.7%)](/filings/0001102238-25-000004.md) | [(22.3%)](/filings/0001628280-26-057878.md) | [(14.0%)](/filings/0001628280-26-057878.md) | [(12.9%)](/filings/0001628280-26-057878.md) |
| Net margin | % | [8.0%](/filings/0001102238-24-000004.md) | [994.4%](/filings/0001102238-25-000004.md) | [7.9%](/filings/0001628280-26-057878.md) | [(31.1%)](/filings/0001628280-26-057878.md) | [31.4%](/filings/0001628280-26-057878.md) |
| Diluted EPS | $ per share | [0.21](/filings/0001102238-24-000004.md) | [23.11](/filings/0001102238-25-000004.md) | [0.25](/filings/0001628280-26-057878.md) | [(0.91)](/filings/0001628280-26-057878.md) | [0.97](/filings/0001628280-26-057878.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/arl/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $4.0m | 177,786 |  | Added +84,967 |
| [Wealth Alliance Advisory Group, LLC](/funds/1735734.md) | 2026-06-30 | $3.9m | 174,266 |  | Unchanged |
| [CALDWELL SUTTER CAPITAL, INC.](/funds/702007.md) | 2026-06-30 | $1.5m | 69,222 |  | Reduced −1,497 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $740.1k | 33,229 |  | Added +6,137 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $409.4k | 18,384 |  | Added +500 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $367.6k | 16,505 |  | Added +3,200 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $327.3k | 14,699 |  | Reduced −100 |
| [NORTHERN TRUST CORP](/funds/73124.md) | 2026-06-30 | $287.2k | 12,898 |  | Reduced −6,673 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $196.9k | 8,841 |  | Added +1,367 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $188.7k | 8,474 |  | Reduced −4,889 |

## Recent filings

[All 335 filings](/companies/arl/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-14 | 14:52 ET | [DEF 14A](/filings/0001999371-26-022712.md) | Proxy statement, period 2026-11-11 | 0001999371-26-022712 |
| 2026-08-19 | 16:03 ET | [10-K/A](/filings/0001628280-26-057878.md) | Annual report, amended, period 2025-12-31 | 0001628280-26-057878 |
| 2026-08-06 | 17:44 ET | [8-K](/filings/0001628280-26-054130.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-054130 |
| 2026-08-06 | 17:23 ET | [10-Q](/filings/0001628280-26-054101.md) | Quarterly report, period 2026-06-30 | 0001628280-26-054101 |
| 2026-05-07 | 16:09 ET | [8-K](/filings/0001628280-26-031851.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-031851 |
| 2026-05-07 | 16:01 ET | [10-Q](/filings/0001628280-26-031837.md) | Quarterly report, period 2026-03-31 | 0001628280-26-031837 |
| 2026-03-12 | 17:53 ET | [8-K](/filings/0001102238-26-000006.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001102238-26-000006 |
| 2026-03-12 | 17:50 ET | [10-K](/filings/0001102238-26-000004.md) | Annual report, period 2025-12-31 | 0001102238-26-000004 |
| 2025-12-29 | 20:33 ET | [8-K/A](/filings/0001102238-25-000032.md) | 5.07 Shareholder vote results | 0001102238-25-000032 |
| 2025-12-12 | 20:35 ET | [8-K](/filings/0001102238-25-000029.md) | 5.07 Shareholder vote results | 0001102238-25-000029 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001102238-26-000004.md), filed Mar 12, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/a1f45e03-a4a8-4e8f-a889-aa3616acefbe)

## About the filer

- CIK: 1102238
- Tickers: ARL
- Exchange: NYSE
- SIC code: 6510 Real Estate Operators (No Developers) & Lessors
- State of incorporation: NV
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:33 ET. No prices; not investment advice.