Other

Lease income — operating leases

Simon Property Group Lease income — operating leases increased by 19.1% to $1.63B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.1%, from $1.37B to $1.63B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026May 11, 2026

How to read this metric

An increase signals higher utilization or expansion of the company's operating lease portfolio.

Detailed definition

Rental income generated from assets held under operating lease agreements. This represents the gross revenue stream from...

Peer comparison

Standard revenue metric for companies with significant leasing operations.

Metric ID: other_operating_lease_lease_income

Historical Data

13 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Value$1.16B$1.21B$1.22B$1.21B$1.19B$1.22B$1.30B$1.35B$1.35B$1.35B$1.35B$1.37B$1.63B
QoQ Change+4.2%+1.4%-1.4%-1.1%+1.7%+6.9%+3.8%+0.0%+0.0%+0.0%+1.5%+19.1%
YoY Change+3.1%+0.6%+6.9%+3.8%+1.5%+19.1%
Range$1.16B$1.63B
CAGR+12.0%
Avg YoY Growth+5.8%
Median YoY Growth+3.4%
Current Streak8 quarters growth

Business Segments

View all
SegmentQ3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Real Estate$1.30B$1.30B$1.35B$1.35B$1.35B$1.35B$1.37B$1.63B
Total$1.30B$1.35B$1.35B$1.35B$1.35B$1.37B$1.63B

Frequently Asked Questions

What is Simon Property Group's lease income — operating leases?
Simon Property Group (SPG) reported lease income — operating leases of $1.63B in Q1 2026.
How has Simon Property Group's lease income — operating leases changed year-over-year?
Simon Property Group's lease income — operating leases increased by 19.1% year-over-year, from $1.37B to $1.63B.
What does lease income — operating leases mean?
Revenue earned from renting out assets under operating leases.