Nov 2, 4:40 PM ET
Vornado Realty Trust reported a third-quarter 2026 net loss attributable to common shareholders of $47.1 million, or $0.25 per diluted share, compared with net income of $11.6 million, or $0.06 per share, a year earlier. Funds from operations (FFO), a non-GAAP measure that real estate investment trusts commonly use, rose to $0.62 per diluted share from $0.58, and rose to $0.65 per share on an adjusted basis from $0.57.
- Q3 2026 net loss attributable to common shareholders: $47.1 million ($0.25 per diluted share), versus net income of $11.6 million ($0.06) in Q3 2025
- Q3 2026 FFO: $122.6 million ($0.62 per diluted share); as adjusted, $126.7 million ($0.65), versus $0.57 a year earlier
- Nine-month net loss of $53.5 million, compared with net income of $842.3 million in 2025, which included an $803.2 million gain tied to the 770 Broadway master lease with NYU
- 350 Park Avenue joint venture formed October 20, 2026; Vornado expects an estimated net gain of about $485 million in Q4 2026
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Aug 3, 4:37 PM ET
Vornado reported second-quarter 2026 revenue of $462.2 million, up from $441.4 million a year earlier, and FFO as adjusted of $131.1 million, or $0.67 per diluted share, up from $0.56. GAAP net income attributable to common shareholders fell to $16.4 million, or $0.08 per diluted share, from $743.8 million, or $3.70, mainly because of an $803.2 million gain on the 770 Broadway master lease with NYU in the prior-year quarter.
- Q2 2026 revenue was $462.2 million versus $441.4 million in Q2 2025.
- FFO as adjusted was $131.1 million, or $0.67 per diluted share, versus $113.3 million, or $0.56, a year earlier.
- GAAP net income attributable to common shareholders was $16.4 million, or $0.08 per diluted share, versus $743.8 million, or $3.70, in the prior-year quarter.
- For the six months ended June 30, 2026, the company reported a net loss attributable to common shareholders of $6.4 million, or $0.03 per diluted share.
Read the filing on SEC.gov ↗
May 4, 4:39 PM ET
Vornado Realty Trust reported a first-quarter 2026 net loss attributable to common shareholders of $22.8 million, or $0.12 per diluted share, compared with net income of $86.8 million, or $0.43 per diluted share, a year earlier. FFO, as adjusted, a non-GAAP measure the company emphasizes, fell to $103.1 million, or $0.52 per diluted share, from $126.2 million, or $0.63.
- Net loss attributable to common shareholders of $22.8 million, or $0.12 per diluted share, versus net income of $86.8 million, or $0.43, in Q1 2025.
- FFO, as adjusted, of $103.1 million, or $0.52 per diluted share, versus $126.2 million, or $0.63, a year earlier.
- Revenues of $459.1 million, compared with $461.6 million in the prior-year quarter.
- On April 29, 2026, the board authorized a new share repurchase program of up to $300 million; $79.8 million of shares were repurchased in Q1 2026.
Read the filing on SEC.gov ↗
Feb 9, 4:49 PM ET
Vornado Realty Trust reported fourth-quarter 2025 results, with net income attributable to common shareholders of $601,000 ($0.00 per diluted share), down from $1,203,000 a year earlier. Fourth-quarter FFO per diluted share was $0.56 versus $0.58, and FFO as adjusted was $0.55 versus $0.61. For the full year, net income rose to $842,851,000 ($4.20 per diluted share), mainly due to a $803,248,000 gain on the 770 Broadway master lease with NYU, while full-year FFO as adjusted rose to $2.32 per share from $2.26.
- Q4 2025 net income attributable to common shareholders was $601,000, or $0.00 per diluted share, versus $1,203,000, or $0.01, in Q4 2024.
- Q4 2025 FFO per diluted share was $0.56 versus $0.58; FFO as adjusted was $0.55 versus $0.61.
- Full-year 2025 net income was $842,851,000 ($4.20 per diluted share), versus $8,275,000 ($0.04) in 2024, driven by the $803,248,000 gain on the 770 Broadway NYU master lease.
- Full-year 2025 FFO as adjusted was $2.32 per diluted share, versus $2.26 in 2024.
Read the filing on SEC.gov ↗
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