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
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 11, 2026
How to read this metric
Higher operating income indicates strong property performance and effective cost control, while lower income suggests operational challenges.
Detailed definition
Operating income measures the profitability of the company's core business operations after accounting for all direct an...
Peer comparison
A primary metric for comparing the operational health of REITs and other real estate firms.
Metric ID:
operating_incomeHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $604.72M | $612.32M | $591.53M | $620.39M | $626.76M | $652.2M | $694.23M | $792.14M | $735.18M | $754.1M | $767.77M | $835.75M | $727.62M | $744.2M | $812.91M | $890.67M | $762.16M |
| QoQ Change | — | +1.3% | -3.4% | +4.9% | +1.0% | +4.1% | +6.4% | +14.1% | -7.2% | +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% | +5.5% | -1.0% | -1.3% | +5.9% | +6.6% | +4.7% |
Range$591.53M – $890.67M
CAGR+6.0%
Avg YoY Growth+4.8%
Median YoY Growth+5.7%
Geographic Breakdown
| Segment | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Europe | $131.04M | $167.79M | $164.89M | $164.89M | $164.89M | $164.89M | $144.51M | $176.17M |
| Total | $694.23M | $792.14M | $735.18M | $754.1M | $767.77M | $835.75M | $727.62M | $762.16M |
Operating Income at Other Companies
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?
- Profit generated from core business operations before interest and taxes.