For the quarter ending 2026-03-31, SLG made $253,080K in revenue. -$84,391K in net income. Net profit margin of -33.35%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-03-31 |
|---|---|---|---|---|
| Total revenues | 253,080 | 408,125* | 244,817 | 239,846 |
| Operating expenses, including related party expenses of 2 in 2026 and 3 in 2025 | 61,457 | 55,497* | 57,673 | 56,062 |
| Real estate taxes | 41,912 | 42,757* | 37,627 | 37,217 |
| Operating lease rent | 6,944 | 6,105* | 6,106 | 6,106 |
| Summit operator expenses | 24,942 | 29,780* | 35,959 | 21,764 |
| Interest expense, net of interest income | 50,909 | 48,282* | 47,235 | 45,681 |
| Amortization of deferred financing costs | 2,802 | 1,938* | 1,724 | 1,687 |
| Summit operator tax expense (benefit) | 585 | 1,408* | 1,279 | -45 |
| Interest expense on senior obligations of consolidated securitization vehicles | 14,649 | 23,478* | 10,838 | 13,972 |
| Depreciation and amortization | 69,751 | 64,143* | 63,216 | 64,498 |
| Loan loss and other investment reserves, net of recoveries | 0 | -33,767* | 0 | -25,039 |
| Transaction related costs | 284 | -6,194* | 13,129 | 295 |
| Marketing, general and administrative | 22,786 | 21,173* | 23,701 | 21,724 |
| Total expenses | 297,021 | 254,597* | 298,487 | 243,922 |
| Equity in net (loss) income from unconsolidated joint ventures | -20,780 | -43,967* | -9,287 | 1,170 |
| Income from debt fund investments, net | 2,478 | -4,974* | 1,176 | - |
| Equity in net gain on sale of interest in unconsolidated joint venture/real estate | -814 | -174,548* | 86,872 | - |
| Purchase price and other fair value adjustments | 4,183 | -38,523* | 11,138 | -9,611 |
| Loss (gain) on sale of real estate, net | 16,636 | 182* | -1,068 | -482 |
| Depreciable real estate reserves and impairments | -35,160 | -19,273* | 0 | -8,546 |
| Gain on sale of marketable securities | - | 10,232* | 0 | - |
| Gain (loss) on early extinguishment of debt | - | 0* | 0 | - |
| Net loss | -77,398 | -117,344* | 35,161 | -21,545 |
| Noncontrolling interests in the operating partnership | -6,678 | -8,081* | 1,737 | -1,465 |
| Noncontrolling interests in other partnerships | 7,734 | 2,388* | 2,658 | -4,897 |
| Preferred units distributions | 2,199 | 2,171* | 2,154 | 2,154 |
| Net loss attributable to slgreen | -80,653 | -113,822* | 28,612 | -17,337 |
| Perpetual preferred stock dividends | 3,738 | 3,736* | 3,738 | 3,738 |
| Net loss attributable to slgreen common stockholders | -84,391 | -117,558 | 24,874 | -21,075 |
| Basic EPS | -1.2 | -1.668 | 0.35 | -0.3 |
| Diluted EPS | -1.2 | -1.685 | 0.34 | -0.3 |
| Basic Average Shares | 70,687,000 | 70,462,000 | 70,443,000 | 70,424,000 |
| Diluted Average Shares | 70,687,000 | 69,757,000 | 71,148,000 | 70,424,000 |
SL GREEN REALTY CORP (SLG)
SL GREEN REALTY CORP (SLG)