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Vornado Realty VNO Q1 2026 earnings

Reported May 4, 2026 · After market close

Revenue$459.1MBeat by $27.4M
EPS$0.52In line
Revenue estimate$431.7M
EPS estimate$0.52

Next report

Nov 2, 2026 (in a month)
Revenue estimate$475.9M
EPS estimate-$0.13

Financials

Q1 2026

Income statement

See full
Revenue$459.1M-0.5%
Net income-$7.3M-107%
EPS (diluted)-$0.12-128%

Balance sheet

See full
Cash & equivalents$1.2B+50.1%
Total debt$3.5B+376%
Total equity$6.0B+13.2%
Total assets$15.9B+2.1%

Cash flow

See full
Operating cash flow$47.7M-8.2%
CapEx$171.8M—
Free cash flow-$124.1M-338%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$4.96B-29.8%
Enterprise value$7.24B+3.6%
P/E6.2×-36.2×
P/S2.7×-1.2×

Profitability

See full
Net margin44%+34.8pp

Returns & leverage

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Return on equity14%+11.0pp
Debt / equity0.6×+0.4×

Segments

By product

See full
BMS cleaning fees$39.3M+7.9%
Tenant services$11.5M+5.5%
Parking revenues$5.2M+6.1%
Management and leasing fees$2.7M-10.4%

By segment

See full
New York$377.5M+0.8%
Other$81.6M-6.2%

FAQ

When did Vornado Realty report Q1 2026 earnings?
Vornado Realty (VNO) reported Q1 2026 earnings on May 4, 2026 after market close.
What were Vornado Realty's Q1 2026 revenue and EPS?
Vornado Realty reported revenue of $459.1M and eps of $0.52 for Q1 2026.
Did Vornado Realty beat estimates in Q1 2026?
Revenue beat the consensus estimate of $431.7M by $27.4M. EPS beat the consensus estimate of $0.52 by $0.00.
How did Vornado Realty's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 0.5% from $461.6M a year earlier and eps declined 17.5% from $0.63.
Where can I find Vornado Realty's Q1 2026 SEC filings?
You can read the 10-Q periodic report (0000899689-26-000026) directly on SEC EDGAR. The filing index links above go to sec.gov.