For Q1 FY2026 ended March 31, 2026, revenue was $53.4 million, down 2.7% year-over-year. Net income fell 62.1% to $4.7 million, and diluted EPS decreased 62.1% to $0.91. Operating income was $23.4 million, down 14.0%. Cash and equity stood at $76.2 million and $90.7 million, respectively.
•Revenue: $53.4M (-2.7% YoY)
•Net income: $4.7M (-62.1% YoY)
•Diluted EPS: $0.91 (-62.1% YoY)
•Cash: $76.2M; Equity: $90.7M
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Alexander's is a real estate investment trust (REIT) engaged in leasing, managing, developing and redeveloping properties. Alexander's activities are conducted through its manager, Vornado Realty Trust.
Alexander's has five properties in the greater New York City metropolitan area consisting of: 731 Lexington Avenue office and retail (including Bloomberg, L.P.'s world headquarters), the Rego Center complex in Rego Park, Queens
Including the Rego Park I & II retail properties and The Alexander apartment tower, and a retail property located in Flushing, NY. Alexander's, Inc. was incorporated in 1928 and is based in Paramus, United States.
Alexander's, Inc. is a real estate investment trust (REIT) that focuses on leasing, managing, developing, and redeveloping properties. Its activities are conducted through its manager, Vornado Realty Trust. The company's portfolio consists of five properties in the greater New York City metropolitan area. Notable properties include 731 Lexington Avenue, which houses office and retail space including Bloomberg L.P.'s world headquarters, the Rego Center complex in Rego Park, Queens (comprising Rego Park I & II retail properties and The Alexander apartment tower), and a retail property in Flushing, New York. Alexander's generates revenue primarily through leasing these commercial and residential spaces to tenants.
Where is Alexander's, Inc. (ALX) listed and in what currency?
Alexander's, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol ALX. The company's financials are reported in US Dollars (USD), reflecting its operations in the United States. As a US-based REIT, its shares are traded in USD, and investors typically transact in this currency.
What sector and industry does Alexander's, Inc. (ALX) operate in?
Alexander's, Inc. operates in the Real Estate sector, specifically within the REIT - Retail industry. As a real estate investment trust, it is structured to own and manage income-producing properties, primarily retail and mixed-use assets. The company's focus on retail properties distinguishes it within the broader REIT category, and its portfolio includes both commercial and residential components, such as the Rego Center complex and the Alexander apartment tower.
Where is Alexander's, Inc. (ALX) headquartered and what markets does it serve?
Alexander's, Inc. is headquartered in Paramus, New Jersey, United States. The company's properties are all located in the greater New York City metropolitan area, specifically in Manhattan (731 Lexington Avenue), Queens (Rego Park and Flushing), and other parts of the region. Its market focus is primarily on the New York City area, serving tenants that include major corporations like Bloomberg L.P. as well as retail and residential occupants.
How does Alexander's, Inc. (ALX) make money and what are its key properties?
Alexander's, Inc. generates revenue through leasing its properties to tenants. As a REIT, it is required to distribute most of its taxable income to shareholders as dividends. The company's portfolio includes five key properties in the New York City area: 731 Lexington Avenue (office and retail, including Bloomberg L.P.'s world headquarters), the Rego Center complex in Rego Park, Queens (which includes Rego Park I & II retail properties and The Alexander apartment tower), and a retail property in Flushing, New York. The mix of office, retail, and residential space provides diversified income streams. The company's operations are managed by Vornado Realty Trust, which handles day-to-day management and development activities.