Simon Property Group, Inc. (SPG)

Simon Property Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Rental Revenue	1,660	1,629	1,639	1,453	1,379	1,367	1,432	1,340	1,316	1,303	1,362	1,299	1,255	1,248	1,287	1,215	1,195	1,208	1,225	1,208
Property Management Fees	40.83	40.19	35.78	36.93	37.93	33.79	37.15	33.46	33.19	29.46	33.48	30.06	33.51	28.95	31.85	28.65	28.81	27.59	28.1	27.02
Gain (Loss) on Sale of Assets (Rev)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.04	-
Gain (Loss) on Sale of Investments (Rev)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6.4	-
Other Revenue	90.06	88.37	116.34	111.72	81.07	71.79	113.56	107.43	109.34	110.46	131.5	82.16	81.14	73.72	80.9	71.66	56.33	60.47	77.38	61.61
Total Revenue	1,791	1,757	1,791	1,602	1,498	1,473	1,582	1,481	1,458	1,443	1,527	1,411	1,370	1,351	1,400	1,316	1,280	1,296	1,324	1,297
Revenue Growth (YoY (YoY)	19.50%	19.29%	13.22%	8.16%	2.76%	2.11%	3.59%	4.94%	6.47%	6.79%	9.11%	7.23%	7.01%	4.24%	5.73%	1.48%	2.05%	4.51%	17.25%	22.24%
Property Expenses	336.03	346.92	315.43	290.81	271.37	274.42	271.77	258.13	252.46	261.05	255.54	274.66	253.1	245.08	266.42	252.43	244.45	237.66	269.89	247.39
Selling, General & Administrative	120.9	155.89	129.32	119.02	108.17	111.95	117.83	96.66	100.15	97.94	104.02	85.56	93.81	90.09	86.53	78.6	76.94	85.29	88.51	94.21
Depreciation & Amortization	459.88	458.9	420.68	338.64	339.06	328.05	327.59	320.37	310.02	307.37	320.26	315.26	319.53	307.06	317.18	301.75	298.27	310.16	319.86	311.38
Other Operating Expenses	49.69	33.23	35.37	40.2	35.66	30.98	29.29	37.78	41.55	41.05	55.48	41.24	45.23	45.9	45.56	30.81	33.42	42.42	56.34	31.25
Total Operating Expenses	966.5	994.93	900.79	788.66	754.26	745.4	746.49	712.94	704.17	707.41	735.3	716.71	711.68	688.13	715.69	663.59	653.08	675.53	734.61	684.23
Operating Income	824.1	762.16	890.67	812.91	744.2	727.62	835.75	767.77	754.1	735.18	792.14	694.23	657.93	662.72	684.21	652.2	626.76	620.39	589.43	612.32
Interest Expense	-281.16	-275.66	-272.33	-242.79	-232.72	-227	-227.42	-226.42	-221.34	-230.62	-224.92	-212.21	-218.09	-199.43	-200.9	-187.88	-187.32	-185.16	-193.51	-199.77
Income (Loss) on Equity Investments	119.13	-21.25	206.94	143.92	122.88	30.36	140.95	58.5	42.21	-34.34	167.83	95.48	90.46	21.9	213.63	163.09	190.07	81.18	220.7	198.52
EBT Excluding Unusual Items	662.06	465.25	825.28	714.04	634.35	530.98	749.28	599.85	574.98	470.22	735.04	577.5	530.29	485.19	696.94	627.4	629.52	516.42	616.63	611.08
Impairment of Goodwill	-8.75	64.34	2,887	10.4	-9.6	-	-82.57	-1.23	-2.99	10.97	6.84	-5.54	-4.36	-	4.77	17.26	-17.88	1.49	5.26	108.54
Gain (Loss) on Sale of Investments	-11.95	-6.38	-157.76	-8.87	104.5	-23.99	36.4	-	-	414.77	167.39	158.19	36.44	-	121.18	-	-	-	18.84	159.83
Total Insurance Settlements	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.1	-
Other Unusual Items	-56.43	25.39	-21.11	2.24	-50.46	-36.77	36.74	-49.35	2.41	-7.19	-8.16	-6.18	5.62	20.61	2.21	-14.56	-17.82	-31.03	-20.26	-33.54
Pretax Income	584.94	548.6	3,533	717.81	678.79	470.22	739.85	549.28	574.4	888.76	901.12	723.98	567.99	505.8	825.09	630.1	593.83	486.88	622.56	845.91
Income Tax Expense	10.81	-19.93	-6.8	15.11	35.11	-7.64	-31.91	2.61	4.96	47.6	41.62	43.22	10.49	-13.45	52.34	8.26	24.35	-1.44	48.83	67.26
Earnings From Continuing Operations	574.13	568.54	3,540	702.7	643.68	477.86	771.76	546.67	569.44	841.16	859.5	680.76	557.51	519.26	772.75	621.85	569.48	488.31	573.73	778.65
Minority Interest in Earnings	-90.16	-88.13	-490.78	-95.69	-86.71	-63.33	-103.69	-70.68	-75.14	-108.62	-111.18	-85.79	-70.33	-66.59	-98.13	-81.98	-71.9	-60.85	-69.66	-97.88
Net Income	483.97	480.4	3,049	607.01	556.97	414.53	668.07	476	494.3	732.54	748.31	594.97	487.18	452.66	674.62	539.87	497.58	427.46	504.08	680.77
Preferred Dividends & Other Adjustments	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83
Net Income to Common	483.14	479.57	3,048	606.17	556.13	413.7	667.23	475.16	493.47	731.7	747.48	594.14	486.34	451.83	673.79	539.04	496.74	426.63	503.24	679.94
Net Income Growth (YoY)	-13.13%	15.92%	356.85%	27.57%	12.70%	-43.46%	-10.74%	-20.03%	1.46%	61.94%	10.94%	10.22%	-2.09%	5.91%	33.89%	-20.72%	-19.52%	-4.31%	85.37%	365.95%
Basic Shares Outstanding	324	325	326	326	326	326	326	326	326	326	326	327	327	327	327	327	328	329	329	329
Diluted Shares Outstanding	324	325	326	326	326	326	326	326	326	326	326	327	327	327	327	327	328	329	329	329
Shares Change (YoY)	-0.76%	-0.41%	-0.03%	0.10%	0.14%	0.12%	0.11%	-0.31%	-0.35%	-0.32%	-0.31%	-0.04%	-0.38%	-0.50%	-0.51%	-0.41%	-0.04%	0.03%	3.80%	7.42%
EPS (Basic)	1.49	1.48	9.35	1.86	1.70	1.27	2.04	1.46	1.51	2.25	2.29	1.82	1.49	1.38	2.06	1.65	1.51	1.30	1.53	2.07
EPS (Diluted)	1.49	1.48	9.34	1.86	1.70	1.27	2.04	1.46	1.51	2.25	2.29	1.82	1.49	1.38	2.06	1.65	1.51	1.30	1.53	2.07
EPS Growth (YoY)	-12.46%	16.41%	358.10%	27.44%	12.54%	-43.53%	-11.05%	-19.78%	1.82%	62.69%	11.28%	10.27%	-1.56%	6.29%	34.57%	-20.40%	-19.62%	-4.34%	79.80%	333.75%

Additional Metrics

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Dividend Per Share	2.250	2.200	2.200	2.150	2.100	2.100	2.100	2.050	2.000	1.950	1.900	1.900	1.850	1.800	1.800	1.750	1.700	1.650	1.650	1.500
Dividend Growth (YoY)	7.14%	4.76%	4.76%	4.88%	5.00%	7.69%	10.53%	7.90%	8.11%	8.33%	5.56%	8.57%	8.82%	9.09%	9.09%	16.67%	21.43%	26.92%	26.92%	15.38%
Operating Margin	46.02%	43.38%	49.72%	50.76%	49.66%	49.40%	52.82%	51.85%	51.71%	50.96%	51.86%	49.20%	48.04%	49.06%	48.88%	49.57%	48.97%	47.87%	44.52%	47.23%
Profit Margin	26.98%	27.29%	170.16%	37.85%	37.11%	28.08%	42.17%	32.09%	33.84%	50.72%	48.94%	42.11%	35.51%	33.45%	48.13%	40.97%	38.81%	32.92%	38.01%	52.44%
EBITDA	1,322	1,295	1,321	1,188	1,112	1,083	1,167	1,110	1,087	1,060	1,097	1,028	996.98	985.12	980.95	968.5	942.1	944.52	887.18	932.66
EBITDA Margin	73.83%	73.69%	73.73%	74.16%	74.20%	73.54%	73.77%	74.94%	74.52%	73.47%	71.81%	72.83%	72.79%	72.93%	70.07%	73.61%	73.61%	72.88%	67.01%	71.93%
D&A For Ebitda	497.86	532.59	430.14	374.74	367.64	355.65	331.45	341.91	332.6	324.76	304.66	333.36	339.06	322.39	296.74	316.3	315.34	324.12	297.75	320.33
EBIT	824.1	762.16	890.67	812.91	744.2	727.62	835.75	767.77	754.1	735.18	792.14	694.23	657.93	662.72	684.21	652.2	626.76	620.39	589.43	612.32
EBIT Margin	46.02%	43.38%	49.72%	50.76%	49.66%	49.40%	52.82%	51.85%	51.71%	50.96%	51.86%	49.20%	48.04%	49.06%	48.88%	49.57%	48.97%	47.87%	44.52%	47.23%
Funds From Operations (FFO)	1,185	1,108	1,242	1,228	1,189	1,005	1,389	1,067	1,088	1,334	1,382	1,201	1,077	1,026	1,274	1,099	1,093	1,015	1,160	1,176
FFO Per Share	3.12	2.91	3.27	3.25	3.15	2.67	-	2.84	2.90	3.56	3.69	3.20	2.88	2.74	3.40	2.93	2.91	2.70	3.09	3.13
Adjusted Funds From Operations (AFFO)	1,185	1,108	-	1,076	1,189	1,005	-	1,067	1,088	1,334	-	1,201	1,077	1,026	-	1,099	1,093	1,015	-	1,176
AFFO Per Share	3.12	2.91	-	2.85	3.15	2.67	-	2.84	2.90	3.56	-	3.20	2.88	2.74	-	2.93	2.91	2.70	-	3.13
Effective Tax Rate	1.85%	-	-	2.11%	5.17%	-	-	0.47%	0.86%	5.36%	4.62%	5.97%	1.85%	-	6.34%	1.31%	4.10%	-	7.84%	7.95%
Revenue as Reported	1,791	1,757	1,791	1,602	1,498	1,473	1,582	1,481	1,458	1,443	1,527	1,411	1,370	1,351	1,400	1,316	1,280	1,296	1,326	1,297

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 10, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 1, 2026

Data Sources Report a data error