Operating Income

Operating Income

Simon Property Group Operating Income decreased by 14.4% to $762.16M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.7%, from $727.62M to $762.16M. Over 2 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 14.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

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

How to read this metric

Growth in operating income suggests that the core business is becoming more profitable and efficient.

Detailed definition

The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...

Peer comparison

This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.

Metric ID: is_operating_income

Historical Data

16 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$604.72M$612.32M$591.53M$620.39M$626.76M$652.20M$694.23M$735.18M$754.10M$767.77M$835.75M$727.62M$744.20M$812.91M$890.67M$762.16M
QoQ Change+1.3%-3.4%+4.9%+1.0%+4.1%+6.4%+5.9%+2.6%+1.8%+8.9%-12.9%+2.3%+9.2%+9.6%-14.4%
YoY Change+3.6%+6.5%+6.4%+10.6%-1.0%-1.3%+5.9%+6.6%+4.7%
Range$591.53M$890.67M
CAGR+6.4%
Avg YoY Growth+4.7%
Median YoY Growth+5.9%

Geographic Breakdown

View all
SegmentQ3 '22Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Europe$103.09M$131.04M$164.89M$164.89M$164.89M$164.89M$144.51M$176.17M
Total$652.20M$694.23M$735.18M$754.10M$767.77M$835.75M$727.62M$762.16M

Frequently Asked Questions

What is Simon Property Group's operating income?
Simon Property Group (SPG) reported operating income of $762.16M in Q1 2026.
How has Simon Property Group's operating income changed year-over-year?
Simon Property Group's operating income increased by 4.7% year-over-year, from $727.62M to $762.16M.
What is the long-term trend for Simon Property Group's operating income?
Over 2 years (2021 to 2025), Simon Property Group's operating income has grown at a 14.7% compound annual growth rate (CAGR), from $2.41B to $3.18B.
What does operating income mean?
The profit earned from core business activities, before accounting for interest and taxes.