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Vornado Realty VNO Property rentals — 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 property rentals — operating lease, lease income?
- Vornado Realty (VNO) reported property rentals — operating lease, lease income of $373.36M in Q1 2026.
- How has Vornado Realty's property rentals — operating lease, lease income changed year-over-year?
- Vornado Realty's property rentals — operating lease, lease income decreased by 2.4% year-over-year, from $382.51M to $373.36M.
- What is the long-term trend for Vornado Realty's property rentals — operating lease, lease income?
- Over 4 years (2021 to 2025), Vornado Realty's property rentals — operating lease, lease income has grown at a 2.0% compound annual growth rate (CAGR), from $1.35B to $1.46B.
- What does property rentals — operating lease, lease income mean?
- This metric represents the total rental revenue generated from operating leases within a specific business segment or property portfolio. It reflects the core income stream derived from leasing office or retail space to tenants under standard contractual agreements. Monitoring this figure helps investors assess the underlying demand for the company's real estate assets and the stability of its primary revenue source.
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