Empire State Realty Trust, Inc.ESRTEarnings & Financial Report
Empire State Realty Trust is a leading real estate investment trust that owns, manages, and operates a portfolio of premium commercial, residential, and retail properties primarily in the New York City metropolitan area, including the iconic Empire State Building. It serves corporate tenants, retail partners, and residential occupants, focusing on sustainable property operations and long-term asset value growth.
Revenue
$189.5M
Gross Profit
N/A
Operating Profit
$39.4M
Net Profit
$28.6M
Gross Margin
N/A
Operating Margin
20.8%
Net Margin
15.1%
YoY Growth
-0.5%
EPS
$0.10
Empire State Realty Trust, Inc. Q2 FY2024 Financial Summary
Empire State Realty Trust, Inc. reported revenue of $189.5M (down 0.5% YoY) for Q2 FY2024, with a net profit of $28.6M (down 22.7% YoY) (15.1% margin).
Key Financial Metrics
| Total Revenue | $189.5M |
|---|---|
| Net Profit | $28.6M |
| Gross Margin | N/A |
| Operating Margin | 20.8% |
| Report Period | Q2 FY2024 |
Empire State Realty Trust, Inc. Annual Revenue by Year
Empire State Realty Trust, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $768.3M).
| Year | Annual Revenue |
|---|---|
| 2025 | $768.3M |
| 2024 | $767.9M |
| 2023 | $739.6M |
| 2022 | $727.0M |
Empire State Realty Trust, Inc. Quarterly Revenue & Net Profit History
Empire State Realty Trust, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $190.3M | +5.7% | $3.0M | 1.6% |
| Q4 FY2025 | $199.2M | +0.8% | $32.2M | 16.1% |
| Q3 FY2025 | $197.7M | -0.9% | $13.6M | 6.9% |
| Q2 FY2025 | $191.3M | +0.9% | $11.4M | 6.0% |
| Q1 FY2025 | $180.1M | -0.6% | $15.8M | 8.8% |
| Q4 FY2024 | $197.6M | +2.4% | $18.8M | 9.5% |
| Q3 FY2024 | $199.6M | +4.2% | $22.8M | 11.4% |
| Q2 FY2024 | $189.5M | -0.5% | $28.6M | 15.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $189.5M | $199.6M | $197.6M | $180.1M | $191.3M | $197.7M | $199.2M | $190.3M |
| YoY Growth | -0.5% | 4.2% | 2.4% | -0.6% | 0.9% | -0.9% | 0.8% | 5.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.43B | $4.44B | $4.51B | $4.11B | $4.08B | $4.11B | $4.47B | $4.41B |
| Liabilities | $2.68B | $2.68B | $2.73B | $2.33B | $2.29B | $2.31B | $2.65B | $2.58B |
| Equity | $1.01B | $1.02B | $1.03B | $1.03B | $1.04B | $1.04B | $1.06B | $1.82B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $37.1M | $102.8M | $260.9M | $83.1M | $26.7M | $105.3M | $249.1M |