Income Statement - VORNADO REALTY TRUST (VNO)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,810.43 | 1,787.69 | 1,811.16 | 1,800.00 | 1,589.21 | 1,527.95 | 1,924.70 | 2,163.72 | 2,084.13 | 2,506.20 | 2,502.27 | 2,635.94 | 2,760.91 | 2,766.46 | 2,915.67 | 2,779.73 | 2,742.58 | 2,697.05 | 2,973.72 | 2,712.10 |
| Cost of revenue | 1,382.16 | 927.80 | 905.16 | 873.91 | 797.32 | 789.07 | 917.98 | 963.48 | 886.60 | 1,024.34 | 1,011.25 | 1,064.75 | 1,087.11 | 1,248.34 | 1,237.42 | 1,099.48 | 1,087.79 | 1,070.12 | 1,632.58 | 1,366.43 |
| Gross profit | 1,810.43 | 1,787.69 | 906.01 | 926.08 | 791.90 | 738.89 | 1,006.72 | 1,200.24 | 1,197.53 | 1,481.87 | 1,491.02 | 1,571.19 | 1,673.80 | 1,518.12 | 1,678.24 | 1,680.25 | 1,654.79 | 1,626.93 | 1,341.15 | 1,345.67 |
| Total operating expenses | 1,538.28 | 1,523.82 | 605.43 | 638.23 | 546.89 | 594.57 | 589.03 | 588.44 | 588.39 | 744.34 | 718.26 | 722.15 | 742.31 | 719.71 | 763.79 | 744.93 | 771.19 | 731.45 | 232.07 | 618.76 |
| Operating income | 272.15 | 263.87 | 300.58 | 287.85 | 245.00 | 144.31 | 417.69 | 582.96 | 607.37 | 550.79 | 760.25 | 815.64 | 874.19 | 677.63 | 856.15 | 805.86 | 795.78 | 814.03 | 1,232.43 | 726.91 |
| Non-operating income (net) | 678.56 | -221.03 | -238.47 | -648.80 | -47.95 | -569.53 | 3,020.04 | -123.36 | -288.92 | 432.27 | -37.78 | -310.46 | -740.37 | -260.90 | -236.86 | -54.98 | -698.50 | -734.85 | -644.93 | -119.61 |
| Income before tax | 950.71 | 42.85 | 62.11 | -360.95 | 197.06 | -425.22 | 3,437.73 | 459.60 | 318.45 | 983.06 | 722.47 | 505.19 | 133.82 | 416.73 | 619.29 | 750.89 | 97.28 | 79.19 | 587.50 | 607.29 |
| Income tax expense | 13.51 | 22.73 | 29.22 | 21.66 | -10.50 | 36.63 | 103.44 | 37.63 | 41.09 | 8.31 | -84.70 | 11.00 | -6.41 | 8.13 | 24.83 | 22.48 | 20.74 | -204.54 | 10.53 | -28.92 |
| Net income | 904.96 | 70.39 | 105.49 | -346.50 | 176.00 | -297.01 | 3,147.94 | 449.95 | 227.42 | 960.57 | 760.43 | 864.85 | 475.97 | 617.26 | 662.30 | 647.88 | 106.17 | 395.04 | 635.69 | 560.14 |
Show Quarterly Income Statement
Income Statement - VORNADO REALTY TRUST (VNO)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 459.11 | 453.71 | 453.70 | 441.44 | 461.58 | 457.79 | 443.26 | 450.27 | 436.38 | 441.89 | 451.00 | 472.36 | 445.92 | 446.94 | 457.43 | 453.49 | 442.13 | 421.08 | 409.21 | 378.94 | 379.98 | 376.43 | 363.96 | 343.03 | 444.53 | 460.97 | 465.96 | 463.10 | 534.67 | 543.42 | 542.05 | 541.82 | 536.44 | 536.23 | 528.76 | 626.04 | 620.85 | 638.26 | 633.20 | 621.71 | 613.04 | 651.58 | 627.60 | 616.29 | 606.80 | 638.24 | 670.91 | 666.61 | 660.62 | 674.53 | 683.38 | 685.86 | 721.02 | 687.97 | 710.98 | 700.59 | 727.47 | 741.82 | 727.34 | 730.15 | 737.11 | 680.26 | 707.03 | 696.11 | 696.33 | 719.00 | 671.22 | 678.39 | 682.01 | 696.26 | 677.15 | 674.37 | 652.52 | 591.56 | 853.04 | 793.46 | 737.06 | 723.25 | 678.47 | 663.03 | 647.60 |
| Cost of revenue | 483.69 | 919.96 | 241.77 | 219.35 | 224.74 | 126.27 | 236.15 | 339.15 | 226.22 | 219.93 | 233.74 | 222.72 | 228.77 | 213.48 | 221.60 | 222.31 | 216.53 | 202.72 | 212.70 | 190.92 | 190.98 | 188.99 | 195.65 | 174.43 | 230.01 | 223.98 | 226.36 | 220.75 | 246.90 | 254.32 | 235.58 | 235.98 | 237.60 | 225.01 | 225.23 | 256.69 | 260.91 | 262.02 | 260.83 | 245.14 | 256.35 | 257.51 | 256.56 | 242.69 | 254.49 | 262.25 | 268.45 | 261.45 | 273.39 | 273.31 | 267.66 | 276.23 | 271.94 | 307.19 | 334.92 | 305.91 | 329.59 | 294.52 | 319.08 | 303.09 | 329.05 | 270.95 | 281.55 | 267.93 | 279.06 | 273.22 | 265.95 | 270.30 | 279.38 | 276.21 | 276.30 | 256.36 | 262.61 | 437.51 | 431.34 | 392.76 | 370.97 | 366.92 | 347.74 | 319.85 | 332.13 |
| Gross profit | -24.58 | 453.71 | 453.70 | 441.44 | 461.58 | 457.79 | 443.26 | 450.27 | 436.38 | 221.96 | 217.26 | 249.64 | 217.15 | 233.46 | 235.84 | 231.19 | 225.60 | 218.36 | 196.51 | 188.02 | 189.00 | 187.44 | 168.32 | 168.60 | 214.53 | 236.99 | 239.60 | 242.35 | 287.77 | 289.10 | 306.47 | 305.84 | 298.84 | 311.22 | 303.53 | 369.35 | 359.94 | 376.24 | 372.37 | 376.57 | 356.69 | 394.08 | 371.04 | 373.60 | 352.31 | 375.99 | 402.46 | 405.15 | 387.23 | 401.22 | 415.72 | 409.63 | 449.07 | 380.78 | 376.06 | 394.69 | 397.88 | 447.30 | 408.27 | 427.06 | 408.06 | 409.31 | 425.48 | 428.18 | 417.28 | 445.78 | 405.27 | 408.09 | 402.64 | 420.05 | 400.84 | 418.01 | 389.92 | 154.04 | 421.70 | 400.70 | 366.09 | 356.33 | 330.73 | 343.18 | 315.47 |
| Total operating expenses | -74.94 | 387.50 | 396.38 | 374.90 | 379.49 | 385.74 | 387.67 | 377.63 | 372.78 | 164.51 | 146.19 | 146.57 | 148.16 | 165.31 | 163.70 | 150.56 | 158.66 | 160.55 | 126.42 | 120.38 | 139.54 | 168.34 | 139.42 | 133.93 | 152.89 | 132.72 | 129.67 | 151.91 | 174.73 | 145.80 | 145.15 | 146.27 | 152.32 | 151.00 | 141.23 | 179.49 | 195.47 | 186.39 | 179.41 | 186.88 | 191.66 | 181.42 | 178.08 | 176.15 | 182.61 | 174.01 | 174.76 | 173.59 | 199.81 | 184.21 | 172.33 | 189.81 | 196.94 | 181.59 | 173.08 | 179.36 | 195.33 | 214.38 | 180.53 | 182.15 | 191.23 | 184.22 | 191.31 | 184.85 | 184.55 | 191.97 | 182.19 | 186.95 | 211.19 | 184.03 | 186.20 | 181.23 | 180.89 | 61.08 | 198.74 | 192.01 | 161.87 | 176.54 | 154.61 | 151.44 | 136.47 |
| Operating income | 50.36 | 66.21 | 57.32 | 66.54 | 82.09 | 72.05 | 55.59 | 72.64 | 63.60 | 57.46 | 71.07 | 103.06 | 68.99 | 68.15 | 72.14 | 80.62 | 66.94 | 57.81 | 70.09 | 67.64 | 49.46 | 19.10 | 28.90 | 34.67 | 61.64 | 104.28 | 137.33 | 2,683.40 | 116.81 | 134.67 | 156.96 | 156.47 | 133.76 | 159.51 | 162.24 | 183.40 | 156.47 | 175.10 | 189.15 | 186.81 | -0.28 | 207.70 | 191.44 | 193.39 | 167.71 | 201.56 | 220.60 | 227.48 | 165.63 | 166.48 | 240.57 | 216.47 | 251.54 | 82.72 | 201.91 | 212.76 | 201.87 | 197.07 | 225.45 | 243.01 | 198.56 | 113.54 | 228.25 | 241.40 | 222.67 | 165.99 | 223.08 | 221.14 | 191.45 | 162.59 | 209.64 | 236.05 | 206.74 | 510.62 | 222.95 | 208.69 | 195.41 | 179.79 | 176.12 | 191.74 | 179.00 |
| Non-operating income (net) | -66.48 | -53.51 | -43.67 | 750.81 | 24.93 | -60.47 | -70.17 | -27.25 | -63.13 | -149.69 | 0.18 | -35.83 | -53.13 | -586.18 | -48.31 | -8.15 | -6.16 | -15.79 | -23.70 | 12.03 | -20.48 | -229.63 | 63.62 | -250.19 | -153.33 | 79.24 | 250.42 | -59.85 | 126.12 | -4.44 | 64.09 | -51.35 | -131.67 | -68.57 | -123.87 | -36.82 | -82.84 | 526.94 | -86.65 | 81.20 | -89.21 | 73.41 | 12.19 | -65.29 | -57.34 | -75.97 | -106.36 | -60.34 | -67.79 | -352.05 | -124.85 | -95.26 | -168.60 | -44.93 | -92.06 | -159.07 | 28.78 | -93.95 | -155.77 | -106.58 | 119.33 | 195.41 | -106.62 | -159.25 | 15.49 | -307.11 | -105.29 | -256.06 | -29.97 | -375.85 | -150.89 | -132.38 | -75.73 | -427.75 | -98.66 | -17.49 | -6.46 | -42.69 | -28.36 | -22.63 | -26.13 |
| Income before tax | -16.12 | 12.70 | 13.65 | 817.35 | 107.02 | 11.58 | -14.59 | 45.38 | 0.47 | -92.24 | 71.25 | 67.23 | 15.87 | -518.03 | 23.82 | 72.47 | 60.79 | 42.02 | 46.39 | 79.67 | 28.98 | -210.53 | 92.52 | -215.52 | -91.69 | 183.52 | 387.74 | 2,623.55 | 242.92 | 130.23 | 221.04 | 105.12 | 2.10 | 90.94 | 38.36 | 146.57 | 73.62 | 702.04 | 102.50 | 268.02 | -89.49 | 281.11 | 203.63 | 128.10 | 110.38 | 125.59 | 114.24 | 167.13 | 97.85 | -185.57 | 115.72 | 121.21 | 82.94 | 37.79 | 109.86 | 53.70 | 230.65 | 103.13 | 69.68 | 136.43 | 317.89 | 308.95 | 121.63 | 82.15 | 238.16 | -141.12 | 117.79 | -34.92 | 161.48 | -213.26 | 58.75 | 103.67 | 131.01 | 82.86 | 124.29 | 191.20 | 188.96 | 137.10 | 147.76 | 169.11 | 152.87 |
| Income tax expense | 5.91 | 7.78 | -5.59 | 4.12 | 7.19 | 5.82 | 4.88 | 5.28 | 6.74 | 8.37 | 11.68 | 4.50 | 4.67 | 6.97 | 3.71 | 3.56 | 7.41 | 10.06 | -25.38 | 2.84 | 1.98 | -1.80 | 23.78 | 1.84 | 12.81 | 22.90 | 23.89 | 26.91 | 29.74 | 32.67 | 1.94 | 0.47 | 1.45 | 38.66 | 1.19 | -0.25 | 2.21 | -1.49 | 4.87 | 2.11 | 2.83 | -0.45 | 2.86 | -88.07 | 0.97 | 2.64 | 3.18 | 3.60 | 1.58 | -12.58 | 2.22 | 2.88 | 1.07 | -9.19 | 3.02 | 7.48 | 7.10 | 5.38 | 7.14 | 5.92 | 6.38 | 6.43 | 5.50 | 4.94 | 5.61 | 4.96 | 5.27 | 5.46 | 5.05 | 2.63 | 5.24 | 4.92 | -217.33 | 3.72 | 3.05 | 3.57 | 29.92 | 6.78 | 11.75 | -51.01 | 3.11 |
| Net income | -7.32 | 16.13 | 27.12 | 759.35 | 102.37 | 16.73 | -3.63 | 50.79 | 6.50 | -45.48 | 68.38 | 61.91 | 20.70 | -477.75 | 23.30 | 65.95 | 42.01 | 27.42 | 63.52 | 64.51 | 20.55 | -194.98 | 65.70 | -185.22 | 17.49 | 205.75 | 335.44 | 2,412.73 | 194.02 | 113.03 | 203.18 | 124.07 | 9.68 | 44.33 | -12.90 | 132.10 | 63.88 | 667.31 | 92.58 | 240.83 | -93.80 | 251.11 | 219.23 | 186.02 | 104.08 | 533.60 | 151.52 | 97.01 | 82.72 | -48.52 | 103.37 | 158.19 | 262.92 | 86.14 | 241.31 | 38.30 | 251.52 | 87.30 | 53.76 | 108.58 | 412.66 | 256.97 | 104.25 | 72.11 | 214.55 | -136.92 | 140.62 | -37.64 | 140.11 | -202.52 | 45.70 | 139.66 | 412.20 | 172.00 | 130.84 | 165.92 | 166.93 | 119.78 | 127.98 | 163.17 | 149.21 |