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Vornado Realty VNO Lease revenues — Operating Lease, Lease Income
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Where this comes from
Reported directly by Vornado Realty in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseLeaseIncome.
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) | For the Three Months Ended March 31, 2026 / Total | For the Three Months Ended March 31, 2026 / New York(1) | For the Three Months Ended March 31, 2026 / Other(1) | For the Three Months Ended March 31, 2025 / Total | For the Three Months Ended March 31, 2025 / New York(1) | For the Three Months Ended March 31, 2025 / Other(1) |
|---|---|---|---|---|---|---|
| Property rentals | $373,355 | $305,523 | $67,832 | $382,514 | $310,688 | $71,826 |
| Trade shows | 6,602 | — | 6,602 | 6,436 | — | 6,436 |
| Sales-type lease income | 2,530 | 2,530 | — | — | — | — |
| Lease revenues(2) | 382,487 | 308,053 | 74,434 | 388,950 | 310,688 | 78,262 |
| Tenant services | 11,532 | 8,464 | 3,068 | 10,935 | 8,160 | 2,775 |
| Parking revenues | 5,165 | 4,028 | 1,137 | 4,870 | 3,824 | 1,046 |
| Rental revenues | 399,184 | 320,545 | 78,639 | 404,755 | 322,672 | 82,083 |
| BMS cleaning fees | 39,343 | 42,069 | (2,726) | 36,476 | 38,496 | (2,020) |
Item 1. Financial Statements of Vornado Realty Trust:
FAQ
- What is Vornado Realty's lease revenues — operating lease, lease income?
- Vornado Realty (VNO) reported lease revenues — operating lease, lease income of $382.49M in Q1 2026.
- How has Vornado Realty's lease revenues — operating lease, lease income changed year-over-year?
- Vornado Realty's lease revenues — operating lease, lease income decreased by 1.7% year-over-year, from $388.95M to $382.49M.
- What is the long-term trend for Vornado Realty's lease revenues — operating lease, lease income?
- Over 4 years (2021 to 2025), Vornado Realty's lease revenues — operating lease, lease income has grown at a 2.1% compound annual growth rate (CAGR), from $1.37B to $1.49B.
- What does lease revenues — operating lease, lease income mean?
- This metric represents the recurring rental income generated from operating leases within the company's real estate portfolio. It reflects the core cash flow stability derived from leasing office and retail space to tenants under standard contractual agreements. Monitoring this figure provides insight into the occupancy health and pricing power of the company's primary property assets.
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