vnorp: the income statement

MyFinsight

For the quarter ending 2025-09-30, VNORP made $453,700K in revenue. $11,589K in net income. Net profit margin of 2.55%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30
Total revenues	453,700
Operating	241,769
Depreciation and amortization	117,122
General and administrative	37,490
Expense from deferred compensation plan liability	6,756
Transaction related costs and other	3,563
Total expenses	406,700
Income from partially owned entities	21,940
Interest and other investment income, net	22,413
Income from deferred compensation plan assets	6,756
Interest and debt expense	84,459
Gain on sales-type lease	0
Net gains on disposition of wholly owned and partially owned assets	0
Income (loss) before income taxes	13,650
Income tax benefit (expense)	-5,589
Net income (loss)	19,239
Consolidated subsidiaries	-8,912
Operating partnership	1,036
Net income (loss) attributable to vornado	27,115
Preferred share dividends/unit distributions	15,526
Net income (loss) attributable to common shareholders	11,589

Net income (loss) per common share (in dollars per share)	0.06
Net income (loss) per common share (in dollars per share)	0.06
Weighted average shares outstanding (in shares)	192,050,000
Weighted average shares outstanding (in shares)	200,150,000