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Other financials

Income statement

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Revenue$459.1M-0.5%
EPS (diluted)-$0.12-128%

Balance sheet

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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

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

Valuation

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Market cap$7.45B+2.7%
Enterprise value$9.74B+11.7%
P/E9.4×+1.1×
P/S4.1×+0.1×

Profitability

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Operating margin26.9%
Net margin44%+34.8pp
FCF margin75.8%+47.7pp

Returns & leverage

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

Where this comes from

Reported directly by Vornado Realty in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Vornado Realty’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:24 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000899689-26-000026
(Amounts in thousands, except per share amounts)For the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Less net loss (income) attributable to noncontrolling interests in:
Consolidated subsidiaries12,69010,433
Operating Partnership2,019(7,889)
Net (loss) income attributable to Vornado(7,317)102,368
Preferred share dividends(15,525)(15,526)
NET (LOSS) INCOME attributable to common shareholders$(22,842)$86,842
(LOSS) INCOME PER COMMON SHARE - BASIC:
Net (loss) income per common share$(0.12)$0.45

Item 1. Financial Statements of Vornado Realty Trust:

FAQ

What is Vornado Realty's net income?
Vornado Realty (VNO) reported net income of -$7.32M in Q1 2026.
How has Vornado Realty's net income changed year-over-year?
Vornado Realty's net income decreased by 107.1% year-over-year, from $102.37M to -$7.32M.
What is the long-term trend for Vornado Realty's net income?
Over 3 years (2021 to 2025), Vornado Realty's net income has grown at a 72.6% compound annual growth rate (CAGR), from $176M to $904.96M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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