In 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. However, net income was a loss of $80.7 million, a significant decline from the prior year, and diluted EPS was -$1.20. Cash and cash equivalents stood at $143.9 million, with total equity of $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, compared to a profit in the prior year.
•Diluted EPS of -$1.20, down 300% YoY.
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., trading under the ticker SLG-PI, is a fully integrated real estate investment trust (REIT) and Manhattan's largest office landlord. The company focuses primarily on acquiring, managing, and maximizing the value of commercial properties in Manhattan. 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, excluding fund investments. Additionally, the company managed three buildings totaling 0.8 million square feet owned by third parties. Its core business revolves around generating rental income and property appreciation from its extensive office portfolio.
On which exchange is SL Green Realty Corp. (SLG-PI) listed and in what currency?
SL Green Realty Corp. (SLG-PI) is listed on the New York Stock Exchange (NYSE) and trades in U.S. dollars (USD). As a U.S.-based company, its financial reporting and stock transactions are conducted in USD, making it accessible to domestic and international investors through the NYSE.
What sector and industry does SL Green Realty Corp. (SLG-PI) operate in?
SL Green Realty Corp. (SLG-PI) operates in the Real Estate sector, specifically within the REIT - Office industry. As a real estate investment trust, it is structured to own and operate income-producing office properties, primarily in Manhattan. The REIT structure allows the company to pass most of its taxable income to shareholders in the form of dividends, while focusing on office real estate distinguishes it from other REITs that may specialize in residential, retail, or industrial properties.
Where is SL Green Realty Corp. (SLG-PI) headquartered and what markets does it serve?
SL Green Realty Corp. (SLG-PI) is headquartered in New York, United States, and was incorporated in Maryland in 1980. The company primarily serves the Manhattan commercial real estate market, where it is the largest office landlord. Its portfolio is concentrated in Manhattan, with interests in 55 buildings totaling 30.8 million square feet as of March 31, 2026. While its focus is on Manhattan, the company also manages properties for third parties and holds debt and preferred equity investments, all within the New York metropolitan area.
What is the business model of SL Green Realty Corp. (SLG-PI) and how does it generate revenue?
SL Green Realty Corp. (SLG-PI) generates revenue primarily through leasing office space in its owned and managed properties. As a fully integrated REIT, it acquires, manages, and maximizes the value of Manhattan commercial properties. Its portfolio includes ownership interests in 29.4 million square feet of office space, which produces rental income from tenants. Additionally, the company holds 1.4 million square feet securing debt and preferred equity investments, which generate interest and dividend income. It also earns fees from managing three buildings totaling 0.8 million square feet owned by third parties. By focusing on Manhattan's high-demand office market, SL Green aims to achieve long-term capital appreciation and consistent cash flows.