VORNADO REALTY TRUSTVNOEarnings & Financial Report
NYSE · Financials · Real Estate Investment Trusts
Vornado Realty Trust is a real estate investment trust formed in Maryland in 1982, with its primary office in New York City. The company invests in office buildings and street retail in Manhattan.
VNO Q1 FY2026 Key Financial Metrics
Revenue
$459.1M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$-22.8M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
-5.0%
YoY Growth
-0.5%
EPS
$-0.12
VORNADO REALTY TRUST Q1 FY2026 Financial Summary
VORNADO REALTY TRUST reported revenue of $459.1M (down 0.5% YoY) for Q1 FY2026, with a net profit of $-22.8M (up 689.3% YoY) (-5.0% margin).
Key Financial Metrics
| Total Revenue | $459.1M |
|---|---|
| Net Profit | $-22.8M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
VORNADO REALTY TRUST Annual Revenue by Year
VORNADO REALTY TRUST annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.8B).
VORNADO REALTY TRUST Quarterly Revenue & Net Profit History
VORNADO REALTY TRUST 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 | $459.1M | -0.5% | $-22.8M | -5.0% |
| Q4 FY2025 | $453.7M | -0.9% | $4.9M | 1.1% |
| Q3 FY2025 | $453.7M | +2.4% | $27.1M | 6.0% |
| Q2 FY2025 | $441.4M | -2.0% | $759.3M | 172.0% |
| Q1 FY2025 | $461.6M | +5.8% | $102.4M | 22.2% |
| Q4 FY2024 | $457.8M | +3.6% | $5.8M | 1.3% |
| Q3 FY2024 | $443.3M | -1.7% | $-3.6M | -0.8% |
| Q2 FY2024 | $450.3M | -4.7% | $50.8M | 11.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $450.3M | $443.3M | $457.8M | $461.6M | $441.4M | $453.7M | $453.7M | $459.1M |
| YoY Growth | -4.7% | -1.7% | 3.6% | 5.8% | -2.0% | 2.4% | -0.9% | -0.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $16.21B | $16.08B | $16.00B | $15.60B | $15.61B | $15.75B | $15.52B | $15.92B |
| Liabilities | $9.80B | $9.82B | $9.83B | $9.37B | $8.59B | $8.73B | $8.72B | $9.21B |
| Equity | $5.63B | $5.28B | $5.16B | $5.31B | $6.09B | $6.07B | $5.99B | $6.02B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $194.7M | $105.4M | $537.7M | $52.0M | $1.03B | $33.2M | $1.26B |