Net Income

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

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.

Detailed definition

The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...

Peer comparison

This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.

Metric ID: is_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 final profit of the company after every single expense and tax has been paid.