Operating

Net Income

Simon Property Group Net Income decreased by 83.9% to $568.54M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.0%, from $477.86M to $568.54M. Over 2 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 44.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.

Detailed definition

Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...

Peer comparison

Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.

Metric ID: cf_net_income

Historical Data

16 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$705.87M$778.65M$573.73M$488.31M$569.48M$621.85M$680.76M$841.16M$569.44M$546.67M$771.76M$477.86M$643.68M$702.70M$3.54B$568.54M
QoQ Change+10.3%-26.3%-14.9%+16.6%+9.2%+9.5%+23.6%-32.3%-4.0%+41.2%-38.1%+34.7%+9.2%+403.8%-83.9%
YoY Change-19.3%-20.1%+9.5%-19.7%-43.2%+13.0%+28.5%+358.7%+19.0%
Range$477.86M$3.54B
CAGR-5.6%
Avg YoY Growth+36.3%
Median YoY Growth+9.5%

Geographic Breakdown

View all
SegmentQ3 '22Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Europe$84.72M$94.04M$110.34M$110.34M$110.34M$110.34M$108.34M$129.17M
Total$621.85M$680.76M$841.16M$569.44M$546.67M$771.76M$477.86M$568.54M

Frequently Asked Questions

What is Simon Property Group's net income?
Simon Property Group (SPG) reported net income of $568.54M in Q1 2026.
How has Simon Property Group's net income changed year-over-year?
Simon Property Group's net income increased by 19.0% year-over-year, from $477.86M to $568.54M.
What is the long-term trend for Simon Property Group's net income?
Over 2 years (2021 to 2025), Simon Property Group's net income has grown at a 44.5% compound annual growth rate (CAGR), from $2.57B to $5.36B.
What does net income mean?
The company's total profit after all expenses and taxes have been paid.