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Vornado Realty VNO Other operating expenses

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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+7.0%
Enterprise value$9.66B+15.5%
P/E9.3×+1.4×
P/S4.1×+0.3×

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:OperatingExpenses.

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
General and administrative(42,245)(38,597)
(Expense) income from deferred compensation plan liability(581)1,089
Transaction related costs and other(762)(43)
Total expenses(408,747)(378,446)
Income from partially owned entities12,82296,977
Interest and other investment income, net9,3278,261
Income (expense) from deferred compensation plan assets581(1,089)
Interest and debt expense(89,206)(95,816)

Item 1. Financial Statements of Vornado Realty Trust:

FAQ

What is Vornado Realty's other operating expenses?
Vornado Realty (VNO) reported other operating expenses of $408.75M in Q1 2026.
How has Vornado Realty's other operating expenses changed year-over-year?
Vornado Realty's other operating expenses increased by 8.0% year-over-year, from $378.45M to $408.75M.
What is the long-term trend for Vornado Realty's other operating expenses?
Over 4 years (2021 to 2025), Vornado Realty's other operating expenses has grown at a 3.2% compound annual growth rate (CAGR), from $1.37B to $1.55B.
What does other operating expenses mean?
Residual operating expenses not classified into specific categories, serving as a catch-all for miscellaneous operating costs.

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