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Net Income at other companies

MAY
Mays, Inc.MAYS
-$216.86K-350%
Empire State Realty Trust logo
Empire State Realty TrustESRT
-$39.55M-447%
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JBG SMITH PropertiesJBGS
-$72.45M-213%
SEG
Seaport Entertainment GroupSEG
-$43.75M-38.7%
ALX
Alexander'sALX
$4.66M-62.1%
American Assets Trust logo
American Assets TrustAAT
$6.79M-4.6%

Other financials

Income statement

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Revenue$459.1M-0.5%
Net income-$7.3M-107%
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$7.38B+5.3%
Enterprise value$9.66B+14.2%
P/E9.3×+1.3×
P/S4.1×+0.2×

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:ProfitLoss.

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
Net gains on disposition of wholly owned and partially owned assets15,551
(Loss) income before income taxes(16,118)107,017
Income tax expense(5,908)(7,193)
Net (loss) income(22,026)99,824
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

Item 1. Financial Statements of Vornado Realty Trust:

FAQ

What is Vornado Realty's net income?
Vornado Realty (VNO) reported net income of -$22.03M in Q1 2026.
How has Vornado Realty's net income changed year-over-year?
Vornado Realty's net income decreased by 122.1% year-over-year, from $99.82M to -$22.03M.
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 65.3% compound annual growth rate (CAGR), from $207.55M to $937.2M.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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