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Vornado Realty VNO Fee and other income — Total revenues

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$39.34M+7.9%
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$11.53M+5.5%
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$5.17M+6.1%
Management and leasing fees
$2.72M-10.4%

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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$7.45B+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:Revenues.

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
REVENUES:
Rental revenues$399,184$404,755
Fee and other income59,92156,824
Total revenues459,105461,579
EXPENSES:
Operating(246,631)(224,740)
Depreciation and amortization(118,528)(116,155)
General and administrative(42,245)(38,597)

Item 1. Financial Statements of Vornado Realty Trust:

FAQ

What is Vornado Realty's fee and other income — total revenues?
Vornado Realty (VNO) reported fee and other income — total revenues of $59.92M in Q1 2026.
How has Vornado Realty's fee and other income — total revenues changed year-over-year?
Vornado Realty's fee and other income — total revenues increased by 5.5% year-over-year, from $56.82M to $59.92M.
What is the long-term trend for Vornado Realty's fee and other income — total revenues?
Over 4 years (2021 to 2025), Vornado Realty's fee and other income — total revenues has grown at a 11.2% compound annual growth rate (CAGR), from $164.68M to $252.18M.
What does fee and other income — total revenues mean?
This metric represents the aggregate gross revenue generated from ancillary services and non-core business activities within the real estate portfolio. It captures income streams distinct from primary rental operations, such as management fees, service contracts, and other miscellaneous operational income. Monitoring this total provides insight into the company's ability to monetize its operational platform beyond traditional leasing activities.

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