Vornado Q3 net income turns to $11.6 million profit; FFO rises to $117.4 million
Vornado Realty Trust reported third-quarter 2025 results on November 3, 2025. Net income attributable to common shareholders was $11.6 million, or $0.06 per diluted share, versus a net loss of $19.2 million, or $0.10 per share, a year earlier. Funds from operations (FFO) rose to $117.4 million, or $0.58 per diluted share, from $99.3 million, or $0.50, which supports the view that core operating results improved year over year.
Key points
- Q3 2025 net income attributable to common shareholders: $11.6 million, or $0.06 per diluted share, vs. a net loss of $19.2 million ($0.10) in Q3 2024
- Q3 2025 FFO attributable to common shareholders plus assumed conversions: $117.4 million, or $0.58 per diluted share, vs. $99.3 million ($0.50)
- Q3 2025 FFO, as adjusted (non-GAAP): $114.5 million, or $0.57 per diluted share, vs. $102.8 million ($0.52) in Q3 2024
- Q3 2025 revenues: $453.7 million, vs. $443.3 million in Q3 2024
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.