Vornado Realty Trust

Real Estate · REIT - Office

34.80$ +0.0% vs. previous close Closing price · As of: Sep 17, 2026

Statements

Income Statement

Vornado Realty Trust (VNO) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Revenue" came in at 1,810 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement VNO
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	117	203	454	664	804	980	1,435	1,503	1,707	2,548	2,712	2,974	2,697	2,743	2,780	2,916	2,766	2,761	2,636	2,502	2,506	2,084	2,164	1,925	1,528	1,589	1,800	1,811	1,788	1,810
Cost of Revenue	–	–	–	–	466	595	542	584	680	1,305	1,366	1,633	1,070	1,088	1,099	1,237	1,248	1,087	1,065	1,011	1,024	887	963	918	789	797	874	905	928	1,382
Gross Profit	117	203	454	664	804	980	893	919	1,027	1,243	1,346	1,341	1,627	1,655	1,680	1,678	1,518	1,674	1,571	1,491	1,482	1,198	1,200	1,007	739	792	926	906	1,788	1,810
Research & Development	–	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	227	32	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–
Selling, General & Administrative	5.2	14	29	40	48	73	98	122	145	183	221	232	194	232	214	210	202	211	186	175	179	159	142	170	182	135	134	163	149	156
Total Operating Expenses	-39	-99	-187	-319	-399	-543	304	337	388	518	619	232	731	771	745	764	720	742	722	718	744	588	588	589	595	547	638	605	1,524	1,538
Operating Income	78	104	268	344	404	437	555	582	638	725	727	1,232	814	796	806	856	678	874	816	760	551	607	583	418	144	245	288	301	264	272
Interest Expense	17	43	115	142	170	173	208	204	31	162	476	635	596	634	560	544	500	483	350	319	330	346	348	287	229	231	280	349	390	354
Pre-Tax Income	–	–	–	–	337	379	404	464	672	641	607	588	79	97	751	619	417	134	505	722	983	318	460	3,438	-425	197	-361	62	43	951
Income Tax Expense	17	43	115	142	170	173	195	0.5	60	62	-29	11	-205	21	22	25	8.1	-6.4	11	-85	8.3	41	38	103	37	-10	22	29	23	14
Net Income	61	61	153	203	234	264	233	461	593	540	560	636	395	106	648	662	617	476	865	760	961	227	450	3,148	-297	176	-346	105	70	905
EBITDA	93	151	327	428	564	591	791	882	961	1,110	1,150	1,695	1,205	1,258	1,585	1,679	1,502	1,155	1,384	1,308	1,478	1,161	1,248	4,139	204	841	423	846	881	1,767

Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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