Simon Q1 FY26 net income rises 15.9% to USD 479.6 million

Simon Property Group, Inc.

Simon Property Group, Inc.

SPG

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  • Simon Property Group posted first-quarter net income attributable to common stockholders of $479.6 million, or $1.48 per diluted share, up from $413.7 million, or $1.27 per diluted share a year earlier.
  • Real Estate FFO rose 7.5% to $1.21 billion, or $3.17 per diluted share, while FFO climbed 9% to $1.11 billion, or $2.91 per diluted share.
  • Domestic property NOI increased 6.7%, with occupancy at 96% and trailing 12-month retailer sales per square foot up 11.8% to $819.
  • Board raised quarterly common dividend to $2.25, up $0.15, or 7.1% year over year.
  • Full-year Real Estate FFO per diluted share guidance increased to $13.10-$13.25.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Simon Property Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605111605PR_NEWS_USPR_____DE55959) on May 11, 2026, and is solely responsible for the information contained therein.

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