For Q1 FY2026 ended March 31, 2026, Vornado Realty Trust reported revenue of $459.1 million, a decrease of 0.5% year-over-year. Net income was a loss of $7.3 million, down 107.1% from the prior year, and diluted EPS was -$0.12, a decline of 127.9%. Operating income was $157.0 million, down 3.3% year-over-year. The company held $1.08 billion in cash, with total equity of $6.02 billion and long-term debt of $2.80 billion.
•Revenue decreased 0.5% YoY to $459.1 million.
•Net loss of $7.3 million, compared to net income in the prior year.
•Diluted EPS of -$0.12, down 127.9% YoY.
•Cash and equivalents of $1.08 billion; long-term debt of $2.80 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Vornado Realty Trust is a fully integrated real estate investment trust with a 26 million square-foot portfolio of premier New York City office, retail and multifamily assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns premier assets in both Chicago and San Francisco.
Vornado is a real estate industry leader in sustainability, with 100% of our in-service office buildings LEED certified and over 95% certified LEED Gold or Platinum. Vornado Realty Trust was incorporated in 1946 in Maryland, USA.
Vornado Realty Trust is a fully integrated real estate investment trust (REIT) that owns and operates a 26 million square-foot portfolio of premier office, retail, and multifamily properties. The company is best known for its concentration in New York City, where it holds a significant presence, and it is the developer of the new PENN DISTRICT. Vornado also owns high-quality assets in Chicago and San Francisco. The company is a leader in sustainability, with 100% of its in-service office buildings LEED certified and over 95% certified LEED Gold or Platinum. Vornado was incorporated in 1946 in Maryland, USA.
Where is Vornado Realty Trust (VNO) listed and in which currency?
Vornado Realty Trust is listed on the New York Stock Exchange (NYSE) under the ticker symbol VNO. Its shares are traded in US Dollars (USD), as the company is based in the United States. The NYSE is one of the world's largest stock exchanges, providing liquidity and visibility for Vornado's stock. Investors can buy and sell VNO shares during regular trading hours, and the stock is denominated in USD, which is the official currency of the United States.
What sector and industry does Vornado Realty Trust (VNO) belong to?
Vornado Realty Trust operates in the Real Estate sector, specifically within the REIT - Office industry. As a real estate investment trust, Vornado owns and manages income-producing properties, primarily focusing on office spaces. The company's portfolio includes office, retail, and multifamily assets, but its core expertise lies in office properties. Being a REIT, Vornado is required to distribute at least 90% of its taxable income to shareholders as dividends, making it a popular choice for income-focused investors. The company's industry classification reflects its specialization in office real estate within the broader real estate sector.
What are the main geographic markets served by Vornado Realty Trust (VNO)?
Vornado Realty Trust's primary geographic market is New York City, where it holds a premier portfolio of office, retail, and multifamily assets. The company is also the developer of the new PENN DISTRICT in Manhattan. Beyond New York, Vornado owns high-quality properties in Chicago and San Francisco. While the company is concentrated in these three major US cities, its largest exposure is to the New York metropolitan area. The company's strategy focuses on owning and operating assets in dense, high-barrier-to-entry markets with strong demand for office and retail space. This geographic focus allows Vornado to leverage its expertise in urban real estate markets.
How does Vornado Realty Trust (VNO) generate revenue?
Vornado Realty Trust generates revenue primarily through leasing its portfolio of office, retail, and multifamily properties to tenants. As a REIT, its income comes from rental payments and property management fees. The company's 26 million square-foot portfolio includes premier assets in New York City, Chicago, and San Francisco. Vornado also earns revenue from its development activities, such as the PENN DISTRICT project. Additionally, the company may generate income from property sales and other real estate-related services. The sustainability of its revenue depends on occupancy rates, lease terms, and the economic health of its key markets. Vornado's focus on LEED-certified buildings may also attract environmentally conscious tenants, potentially supporting rental income.