For Q1 FY2026 ended March 31, 2026, SL Green Realty Corp. reported revenue of $253.1 million, up 5.5% year-over-year. Operating income rose 6.8% to $145.3 million, but net income swung to a loss of $80.7 million from a profit a year ago, and diluted EPS was -$1.20. Cash and cash equivalents totaled $143.9 million, and total equity was $3.54 billion.
•Revenue increased 5.5% YoY to $253.1 million.
•Operating income grew 6.8% to $145.3 million.
•Net loss of $80.7 million vs. profit of $30.4 million in prior year.
•Diluted EPS of -$1.20, down from $0.60.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
SL Green Realty Corp., Manhattan's largest office landlord is a fully integrated real estate investment trust, or REIT. It focuses primarily on acquiring, managing and maximizing the value of Manhattan commercial properties.
As of March 31, 2026, SL Green held interests in 55 buildings totaling 30.8 million square feet which included ownership interests in 29.4 million square feet and 1.4 million square feet securing debt and preferred equity investments, excluding fund investments, and managed 3 buildings totaling 0.8 million square feet owned by third parties. SL Green Realty Corp. was incorporated in 1980 in Maryland and is based in New York.
SL Green Realty Corp. is a fully integrated real estate investment trust (REIT) that focuses primarily on acquiring, managing, and maximizing the value of commercial properties in Manhattan. As Manhattan's largest office landlord, the company held interests in 55 buildings totaling 30.8 million square feet as of March 31, 2026. This includes ownership interests in 29.4 million square feet and 1.4 million square feet securing debt and preferred equity investments, excluding fund investments. Additionally, SL Green manages three buildings totaling 0.8 million square feet owned by third parties. The company's core business revolves around office properties, making it a key player in the New York City real estate market.
Where is SL Green Realty Corp. listed and in which currency?
SL Green Realty Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol SLG. The company's financials are reported in US Dollars (USD), as it is based in the United States. Being listed on the NYSE provides investors with access to trading in one of the world's largest and most liquid stock exchanges. The use of USD as the reporting currency aligns with the company's operations and the primary market where its properties are located, which is Manhattan, New York.
What sector and industry does SL Green Realty Corp. belong to?
SL Green Realty Corp. operates in the Real Estate sector, specifically within the REIT - Office industry. As a real estate investment trust, the company is structured to own and operate income-producing real estate, and in this case, its focus is on office properties. Being classified under REIT - Office means that SL Green primarily invests in office buildings, which generate rental income. This industry classification helps investors understand the company's business model and the type of properties it manages. The company's status as a REIT also requires it to distribute a significant portion of its taxable income to shareholders as dividends.
Where is SL Green Realty Corp. headquartered and what markets does it serve?
SL Green Realty Corp. is headquartered in New York, New York, United States. The company was incorporated in 1980 in Maryland but operates primarily in the Manhattan area of New York City. As Manhattan's largest office landlord, SL Green focuses on acquiring, managing, and maximizing the value of commercial properties in this key market. The company's portfolio includes interests in 55 buildings totaling 30.8 million square feet, all concentrated in Manhattan. By concentrating on this single, dense urban market, SL Green leverages its deep local expertise and relationships to optimize property performance and generate value for shareholders.
What is the business model of SL Green Realty Corp.?
SL Green Realty Corp. operates as a fully integrated real estate investment trust (REIT) that generates revenue primarily through leasing office space in its owned and managed properties. The company's business model involves acquiring, managing, and maximizing the value of commercial properties, with a focus on Manhattan office buildings. As of March 31, 2026, SL Green held interests in 55 buildings totaling 30.8 million square feet, including ownership interests in 29.4 million square feet and 1.4 million square feet securing debt and preferred equity investments. Additionally, the company manages three buildings totaling 0.8 million square feet owned by third parties, earning management fees. By being a REIT, SL Green is required to distribute at least 90% of its taxable income to shareholders as dividends, making income generation from rents a key part of its value proposition.