Vornado Realty VNO Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total revenues by Business | ||||||
| New York | $377.49M+0.8% | $374.81M-2.3% | $367.34M+1.3% | $358.17M-2.6% | $374.55M+4.6% | |
| Other | $81.62M-6.2% | $78.9M+6.5% | $86.36M+6.9% | $83.27M+0.7% | $87.03M+11.4% | |
| Net Operating Income (Loss), Portion Attributable to Noncontrolling Interest, Total by Business | ||||||
| New York | $2.95M-6.8% | $4.46M+22.3% | $3.03M+20.1% | $3.01M+37.2% | $3.16M-30.3% | |
| Other | $5.71M-23.8% | $5.99M-6.6% | $7.11M+11.3% | $7.63M+11.9% | $7.5M+9.3% | |
| Add: NOI from partially owned entities by Business | ||||||
| New York | $65.44M+2.5% | $62.92M-11.6% | $62.66M-2.9% | $63.83M-2.9% | $63.86M-5.7% | |
| Other | $2.87M-11.7% | $2.17M+3.8% | $2.23M-18.7% | $2.4M-7.0% | $3.25M+22.3% | |
| NOI at share by Business | ||||||
| New York | $236.55M-6.4% | $236.99M-7.8% | $228.54M-0.5% | $230.58M-4.8% | $252.82M+8.4% | |
| Other | $35.57M-12.1% | $37.27M+33.5% | $38.14M+6.2% | $47.09M+23.9% | $40.47M+12.4% | |
| Operating Costs and Expenses by Business | ||||||
| New York | $203.43M+11.5% | $196.29M+1.1% | $198.43M+1.8% | $188.4M-0.3% | $182.42M-3.1% | |
| Other | $43.2M+2.1% | $37.82M-9.6% | $43.34M+5.1% | $30.95M-23.5% | $42.32M+11.5% | |
| Total revenues by Product | ||||||
| Fee and other income | $59.92M+5.5% | $71.57M+20.6% | $64.6M+15.8% | $59.19M+4.4% | $56.82M+20.7% | |
| Rental revenues | $399.18M-1.4% | $382.14M-4.1% | $389.1M+0.4% | $382.25M-2.9% | $404.76M+4.0% | |
| Revenue by Product | ||||||
| BMS cleaning fees | $39.34M+7.9% | $41.25M+10.9% | $42.53M+12.6% | $37.43M-2.7% | $36.48M+1.9% | |
| Management and leasing fees | $2.72M-10.4% | $2.61M+3.6% | $3M+5.5% | $2.93M-56.4% | $3.03M+16.0% | |
| Parking revenues | $5.17M+6.1% | $5.4M+3.2% | $5.06M+10.3% | $4.99M+5.2% | $4.87M+4.7% | |
| Tenant services | $11.53M+5.5% | $11.06M+13.7% | $14.16M+7.3% | $9.08M-5.4% | $10.94M+21.1% | |
| Operating Lease, Lease Income by Product | ||||||
| Property rentals | $373.36M-2.4% | $360.96M-5.4% | $360.42M-0.7% | $360.17M-3.2% | $382.51M+3.4% | |
| Sales-type lease income | $2.53M— | $2.53M— | $2.51M— | $1.59M— | $0— | |
| Trade shows | $6.6M+2.6% | $2.19M+10.9% | $6.96M+2.5% | $6.42M-9.1% | $6.44M+12.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Vornado Realty break its business down?
- Vornado Realty (VNO) reports total revenues by business across 2 parts — New York and Other. Each is extracted from the segment footnotes and tracked over time.
- Where does Vornado Realty's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Vornado Realty's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
