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VNO · NYSE · REIT - Office

Vornado Realty Trust (VNO)

Owns and operates Manhattan offices, street retail, and selected other real-estate assets.

$35.28

After hours+0.01 (+0.01%)

At close$35.28(−0.86%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	451	442	436	450	443	458	462	441	454	454	459	462
Cost of revenue	234	220	0	0	0	0	0	0	0	0	484	566
Gross profit	217	222	436	450	443	458	462	441	454	454	−25	−104
	146	165	373	378	388	386	379	375	396	388	−75	−129
	36	46	38	38	36	37	39	40	37	40	42	39
General & administrative	36	46	38	38	36	37	39	40	37	40	42	39
Other expenses	110	118	335	339	352	349	341	335	359	347	−117	−169
Operating income	71	57	64	73	56	72	82	67	57	66	50	26
	0	−150	−63	−27	−70	−60	25	751	−44	−54	−66	17
Interest income	13	6	23	11	12	11	8	11	17	11	9	9
Interest expense	88	88	90	98	101	100	96	88	84	86	89	90
Other non-operating income	−82	67	−22	−65	−25	−35	−116	−834	−36	−27	−23	−107
Income before tax	71	−92	0	45	−15	12	107	817	14	13	−16	43
Income tax expense	12	8	7	5	5	6	7	4	−6	8	6	4
Net income from continuing operations	60	−101	−6	40	−19	6	100	813	19	5	−22	39
Net income	68	−45	6	51	−4	17	102	759	27	16	−7	32
EPS, basic	$0.28	−$0.32	−$0.05	$0.19	−$0.10	$0.01	$0.45	$3.87	$0.06	$0.00	−$0.12	$0.09
EPS, diluted	$0.28	−$0.32	−$0.05	$0.18	−$0.10	$0.01	$0.43	$3.70	$0.06	$0.00	−$0.12	$0.09
Weighted average shares, basic	190	190	190	190	191	191	191	192	192	192	190	187
Weighted average shares, diluted	193	190	190	194	191	200	201	201	192	192	190	187
EBITDA	268	110	200	252	201	228	319	1,021	215	212	192	304
Depreciation & amortization	115	120	114	114	120	121	121	120	122	118	119	171
EBIT	153	−10	86	138	81	107	198	901	93	94	73	132