FY2025 · ended Dec 31, 2025 · Revenue $9.19M, +243.4% YoY · Filed Mar 20, 2026
Belpointe PREP, LLC (OZ) files with the SEC under industry code 6500, Real Estate. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $9.2 million and a net loss of $40.0 million. As of Sep 30, 2026 it held $16.8 million in cash and investments and $282.8 million in total debt.
Revenue (TTM)
$18.99M
+163.2% vs year-ago TTM
Net income (TTM)
$-40.28M
-10.0% vs year-ago TTM
Operating cash flow (TTM)
$-22.10M
-10.6% vs year-ago TTM
Free cash flow
—
EPS (TTM)
$-10.37
-4.7% vs year-ago TTM
Dividend per share
None
Shares outstanding
1,190
Net cash
$-265.91M
as of Sep 30, 2026
Operating margin
—
Company profile
- Industry
- Real Estate (SIC 6500)
- Listed as
- OZ (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Greenwich, CT
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1807046
Other Real Estate companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $9.2M | $2.7M | $2.3M | $1.4M | $997,000 |
| Net income | -$40.0M | -$23.9M | -$14.4M | -$7.7M | -$3.1M |
| Diluted EPS | -$10.72 | -$6.56 | -$4.04 | — | — |
| Operating cash flow | -$25.2M | -$13.7M | -$6.9M | -$6.7M | -$2.3M |
| Total assets | $564.2M | $517.6M | $382.1M | $354.0M | $341.4M |
| Total liabilities | $289.0M | $213.5M | $57.1M | $21.3M | $17.6M |
| Cash and investments | $24.3M | $24.7M | $20.1M | $143.5M | $192.1M |
| Total debt | $260.6M | $178.2M | $23.7M | $5.0M | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Agreement ended
|
Oct 23, 2026 | Oct 22, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Oct 15, 2026 | Oct 12, 2026 |
| 8-K |
Current report
Other events
|
Aug 28, 2026 | Aug 28, 2026 |
| ARS | Annual report to shareholders | Aug 27, 2026 | Dec 31, 2025 |
| 10-Q | Quarterly report | Aug 4, 2026 | Jun 30, 2026 |
All 230 Belpointe PREP, LLC SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.