Vornado Q2 FFO as adjusted rises to $0.67 per share; revenue up to $462.2 million
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.
Key points
- 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.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits 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 August 03, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.