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Vornado Realty Trust

VNO · Real Estate

Last earnings Aug 3, 2026

Key results

Less net incomequarter

$ 860,739

824,208 $ 860,739 $ (36,531) 934,465 $ 1,004,714 $ (70,249) Less net income attributable to noncontrolling interests in the Operating Partnership (64,835) (72,695) Preferred unit distributions (15,554) (31,109) Net income attributable to common shareholders $ 743,819 $ 830,661 For the three months ended June 30, 2024 Net income (loss) attributable to Vornado Realty L.

SEC original ↗Vornado Realty Trust — Presentation / slide deck (8-K exhibit)EX-99Aug 4, 2025

Net incomequarter

$ 743,819

824,208 $ 860,739 $ (36,531) 934,465 $ 1,004,714 $ (70,249) Less net income attributable to noncontrolling interests in the Operating Partnership (64,835) (72,695) Preferred unit distributions (15,554) (31,109) Net income attributable to common shareholders $ 743,819 $ 830,661 For the three months ended June 30, 2024 Net income (loss) attributable to Vornado Realty L.

SEC original ↗Vornado Realty Trust — Presentation / slide deck (8-K exhibit)EX-99Aug 4, 2025

AI analysis

Q2 2025 · reported Aug 4, 2025

Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held

Less net income · Q2 2025
$ 860,739
EX-99 · Aug 4, 2025
Net income · Q2 2025
$ 743,819
EX-99 · Aug 4, 2025

Headline figures

MetricQ2 2025Prior qtrYear ago
Less net income$ 860,739——
Net income$ 743,819——

EX-99 · Aug 4, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

COM PAGE 3 OF 17 Financing Activity Senior Unsecured Notes due 2025 We repaid our $450,000,000 3.50% senior unsecured notes on their January 15, 2025 maturity date.

Sustainability Margin Adjustment In April 2025, we qualified for a sustainability margin adjustment on our unsecured term loan and revolving credit facilities by achieving certain KPI metrics, which reduced our interest rate by 0.05% and 0.04%, respectively.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Vornado Realty Trust Q2 2025 — 824,208 $ 860,739 $ (36,531) 934,465 $ 1,004,714 $ (70,249) Less net income attributable to noncontrolling interests in the Operating Partnership (64,835) (72,695) Preferred unit distributions (15,554…

Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

COM PAGE 3 OF 17 Financing Activity Senior Unsecured Notes due 2025 We repaid our $450,000,000 3.50% senior unsecured notes on their January 15, 2025 maturity date.

SEC original ↗Vornado Realty Trust — Earnings release (8-K exhibit)EX-99Aug 4, 2025

Sustainability Margin Adjustment In April 2025, we qualified for a sustainability margin adjustment on our unsecured term loan and revolving credit facilities by achieving certain KPI metrics, which reduced our interest rate by 0.05% and 0.04%, respectively.

SEC original ↗Vornado Realty Trust — Earnings release (8-K exhibit)EX-99Aug 4, 2025

Budget Cash Amount Expended Remaining Expenditures Stabilization Year PENN District PENN 2 1,815,000 $ 750,000 $ 717,884 $ 32,116 2026 10.2% Districtwide Improvements N A 100,000 78,949 21,051 N A N A Total PENN District 850,000 (1) 796,833 53,167 Sunset Pier 94 Studios (49.9% interest) 266,000 125,000 (2) 82,805 42,195 2026 10.3% Total Active Development Projects $ 975,000 $ 879,638 $ 95,362 ________________________________ (1) Excluding debt and equity carry.

SEC original ↗Vornado Realty Trust — Earnings release (8-K exhibit)EX-99Aug 4, 2025

We also note the following forward-looking statements in the case of our development and redevelopment projects, the estimated completion date, estimated project cost, projected incremental cash yield, stabilization date and cost to complete estimates of future capital expenditures, dividends to common and preferred shareholders and operating partnership distributions.

SEC original ↗Vornado Realty Trust — Earnings release (8-K exhibit)EX-99Aug 4, 2025

Financing Activity Senior Unsecured Notes due 2025 We repaid our $450,000,000 3.50% senior unsecured notes on their January 15, 2025 maturity date.

SEC original ↗Vornado Realty Trust — Presentation / slide deck (8-K exhibit)EX-99Aug 4, 2025

PENN District Hotel Pennsylvania site (PENN 15) 2,052,000 Eighth Avenue and 34th Street land 105,000 Multiple other opportunities - office residential retail Total PENN District 2,157,000 350 Park Avenue assemblage (the 350 Park Site ) (4) 1,389,000 260 Eleventh Avenue - office (2) 280,000 57th Street land (50% interest) 150,000 Other segment 527 West Kinzie land, Chicago 330,000 Total Future Opportunities 4,306,000 ________________________________ (1) Excluding debt and equity carry.

SEC original ↗Vornado Realty Trust — Presentation / slide deck (8-K exhibit)EX-99Aug 4, 2025

Strategy & priorities

The loan was paid down using property-level reserves and a $ 25,000,000 member loan from Vornado which accrues interest at 16.00 % and receives priority on distributions.

SEC original ↗Vornado Realty Trust — 10-Q Quarterly report10-QAug 3, 2026

Risks & headwinds

Further, litigation is currently pending between the parties in New York County Supreme Court regarding a separate point relating to the matter.

SEC original ↗Vornado Realty Trust — Earnings release (8-K exhibit)EX-99Aug 4, 2025

The Panel s decision provides that if the fee owner prevails in a final judgment in that litigation, the annual rent for the 25-year term will be $20,220,000, retroactive to June 17, 2023.

SEC original ↗Vornado Realty Trust — Earnings release (8-K exhibit)EX-99Aug 4, 2025

They represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties.

SEC original ↗Vornado Realty Trust — Earnings release (8-K exhibit)EX-99Aug 4, 2025

Legal Proceedings 68 Item 1A.

SEC original ↗Vornado Realty Trust — 10-Q Quarterly report10-QAug 3, 2026

Documents

Earnings deck slides

0 decks with slide view

Vornado Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Vornado Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Vornado Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Vornado Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Vornado Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Vornado Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Vornado Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Vornado Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Vornado Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Vornado Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Vornado Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Vornado Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

KE Holdings (BEKE) Real EstateInvitation Homes (INVH) Real EstateEquinix (EQIX) Real EstateAlexandria Real Estate Equities (ARE) Real EstateIron Mountain (IRM) Real EstateVici Properties (VICI) Real EstateMid-America Apartment Communities (MAA) Real EstateVivmark Residential (VMRK) Real Estate

Filings

30 documents

Earnings releases

16 documents

Presentations

12 documents

Transcripts

0 documents

No transcripts for Vornado Realty Trust are held in this edition of the library.

Mentioned by

1 company

Other tracked companies whose held documents mention Vornado Realty Trust by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.