TANGER INC.SKTEarnings & Financial Report
Tanger Inc. is a real estate investment trust headquartered in Greensboro, North Carolina, that invests in open air outlet and lifestyle shopping centers in the United States and Canada.
SKT Q1 FY2026 Key Financial Metrics
Revenue
$150.4M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$29.4M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
19.6%
YoY Growth
11.1%
EPS
$1.05
TANGER INC. Q1 FY2026 Financial Summary
TANGER INC. reported revenue of $150.4M (up 11.1% YoY) for Q1 FY2026, with a net profit of $29.4M (up 47.1% YoY) (19.6% margin).
Key Financial Metrics
| Total Revenue | $150.4M |
|---|---|
| Net Profit | $29.4M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Revenue Breakdown
TANGER INC. Q1 FY2026 revenue of $150.4M breaks down across 3 segments, led by Rental revenue at $143.5M (95.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Rental revenue | $143.5M | 95.4% |
| Other revenue | $4.7M | 3.1% |
| Management, leasing and other services | $2.2M | 1.5% |
TANGER INC. Annual Revenue by Year
TANGER INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $572.2M).
TANGER INC. Quarterly Revenue & Net Profit History
TANGER 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 | $150.4M | +11.1% | $29.4M | 19.6% |
| Q4 FY2025 | $151.0M | +14.2% | N/A | N/A |
| Q3 FY2025 | $145.2M | +9.2% | $32.0M | 22.1% |
| Q2 FY2025 | $140.7M | +9.1% | $30.1M | 21.4% |
| Q1 FY2025 | $135.4M | +9.7% | $19.2M | 14.2% |
| Q4 FY2024 | $132.2M | +10.2% | N/A | N/A |
| Q3 FY2024 | $133.0M | +13.3% | $24.9M | 18.7% |
| Q2 FY2024 | $129.0M | +16.6% | $24.8M | 19.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $129.0M | $133.0M | $132.2M | $135.4M | $140.7M | $145.2M | $151.0M | $150.4M |
| YoY Growth | 16.6% | 13.3% | 10.2% | 9.7% | 9.1% | 9.2% | 14.2% | 11.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.29B | $2.28B | $2.38B | $2.48B | $2.45B | $2.64B | N/A | $2.83B |
| Liabilities | $1.72B | $1.68B | $1.70B | $1.82B | $1.79B | $1.90B | N/A | $2.14B |
| Equity | $553.7M | $568.3M | $652.4M | $633.9M | $635.2M | $703.6M | N/A | $697.8M |
Cash Flow
| Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Operating CF | $72.8M | $65.2M | $41.4M | $82.0M | $74.3M |