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Reported July 23, 2025 · After market close

Revenue$191.3MMiss by $7.6M
EPS$0.22
Revenue estimate$198.8M

Next report

Oct 28, 2026 (in 3 months)
Revenue estimate$201.9M

Financials

Q2 2025

Income statement

See full
Revenue$191.3M+0.9%
Operating income$35.1M-10.8%
Net income$11.4M-60.1%
EPS (diluted)$0.04-60.0%

Balance sheet

See full
Cash & equivalents$136.7M-76.3%
Total debt$2.3B-4.3%
Total equity$1.0B+2.7%
Total assets$4.1B-8.0%

Cash flow

See full
Operating cash flow$26.7M-28.0%
CapEx$81.8M+88.0%
Free cash flow-$55.1M

Valuation & ratios

Valuation

as of 06/30/25
See full
Market cap$1.38B-10.9%
Enterprise value$3.57B+4.9%
P/E20.1×-0.7×
P/S1.8×-0.3×

Profitability

See full
Operating margin19.4%-0.9pp
Net margin8.9%-0.9pp
FCF margin8.1%

Returns & leverage

See full
Return on equity6.7%-0.8pp
Debt / equity2.2×-0.2×

Segments

By segment

See full
Real Estate$156.9M+1.2%
Observatory$33.9M-0.7%

Versus estimates

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Questions, answered.

When did Empire State Realty Trust report Q2 2025 earnings?
Empire State Realty Trust (ESRT) reported Q2 2025 earnings on July 23, 2025 after market close.
What were Empire State Realty Trust's Q2 2025 revenue and EPS?
Empire State Realty Trust reported revenue of $191.3M and eps of $0.22 for Q2 2025.
Did Empire State Realty Trust beat estimates in Q2 2025?
Revenue missed the consensus estimate of $198.8M by $7.6M.
How did Empire State Realty Trust's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 0.9% from $189.5M a year earlier and eps declined 8.3% from $0.24.
Where can I find Empire State Realty Trust's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0001541401-25-000028) directly on SEC EDGAR. The filing index links above go to sec.gov.