# Vornado Realty Trust (VNO) — Earnings

VNO · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/vno/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.08 |
| EPS estimate | −$0.04 |
| EPS surprise | +322.84% |
| Revenue surprise | +1.71% |
| Revenue | $462.2M |
| Revenue estimate | $454.5M |
| Reported | Aug 3, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/899689/000089968926000046/vno-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/19d6ceb2-3bf1-efc0-b8ac-e91e7445ba53.html) |

Vornado reported Q2 2026 results on August 3, 2026. EPS was $0.08, against an expected loss of $0.04, a 322.84% surprise. Revenue of $462.2 million was 1.71% above the $454.5 million consensus. A year earlier, Q2 2025 EPS was $3.70, far above any other quarter in the table, so the year-over-year comparison shows a steep drop. Revenue rose about 5% from $441.4 million.

Revenue has been very stable. Every quarter since Q1 2022 falls between $436.4 million and $472.4 million, and annual revenue stayed near $1.8 billion from 2022 through 2025. EPS has been small and uneven, with losses in Q1 2024, Q3 2024 and Q1 2026. Annual EPS was $0.64 in 2022, $0.47 in 2023 and $0.04 in 2024. The 2025 total of $4.19 includes Q2 2025's $3.70; the other three quarters add up to $0.49. Vornado beat EPS estimates in 14 of the last 20 quarters. Estimates near zero make those percentages large.

Vornado reported Q3 results between October 30 and November 4 in each of the past five years. That points to late October or early November 2026 for the next report. It will show whether EPS stays positive after the loss in Q1 2026.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 3, 2026 | −$0.04 | $0.08 | 322.84% | $454.5M | $462.2M |
| Q1 2026 | May 4, 2026 | −$0.05 | −$0.12 | -118.98% | $431.7M | $459.1M |
| Q4 2025 | Feb 9, 2026 | $0.03 | $0.00 | -100.00% | $444.7M | $453.7M |
| Q3 2025 | Nov 3, 2025 | $0.02 | $0.06 | 227.87% | $440.0M | $453.7M |
| Q2 2025 | Aug 4, 2025 | $0.12 | $3.70 | 2942.76% | $459.6M | $441.4M |
| Q1 2025 | May 5, 2025 | $0.09 | $0.43 | 372.01% | $452.1M | $461.6M |
| Q4 2024 | Feb 10, 2025 | −$0.02 | $0.01 | 146.95% | $448.9M | $457.8M |
| Q3 2024 | Nov 4, 2024 | −$0.05 | −$0.10 | -92.31% | $445.1M | $443.3M |
| Q2 2024 | Aug 5, 2024 | −$0.06 | $0.18 | 394.12% | $439.3M | $450.3M |
| Q1 2024 | May 6, 2024 | −$0.02 | −$0.05 | -177.78% | $446.2M | $436.4M |
| Q4 2023 | Feb 12, 2024 | $0.01 | $0.04 | 463.38% | $453.8M | $441.9M |
| Q3 2023 | Oct 30, 2023 | $0.07 | $0.28 | 330.77% | $453.8M | $451.0M |
| Q2 2023 | Jul 31, 2023 | $0.10 | $0.14 | 46.75% | $441.8M | $472.4M |
| Q1 2023 | May 1, 2023 | −$0.05 | $0.01 | 118.42% | $451.6M | $445.9M |
| Q4 2022 | Feb 13, 2023 | $0.04 | $0.10 | 124.72% | $455.8M | $446.9M |
| Q3 2022 | Oct 31, 2022 | $0.12 | $0.19 | 61.43% | $451.7M | $457.4M |
| Q2 2022 | Aug 1, 2022 | $0.18 | $0.19 | 7.16% | $431.4M | $453.5M |
| Q1 2022 | May 2, 2022 | $0.09 | $0.16 | 70.39% | $427.9M | $442.1M |
| Q4 2021 | Feb 14, 2022 | $0.27 | $0.12 | -55.51% | $417.0M | $421.1M |
| Q3 2021 | Nov 1, 2021 | $0.25 | $0.14 | -45.03% | $380.6M | $409.2M |

## Frequently Asked Questions

### When did Vornado Realty Trust (VNO) last report earnings?

Vornado Realty Trust last reported on Aug 3, 2026, covering fiscal Q2 2026.

### Did VNO beat earnings estimates?

Yes. Vornado Realty Trust reported EPS of $0.08 for Q2 2026 against a −$0.04 estimate — a 322.84% beat.

### How much revenue did VNO report last quarter?

Vornado Realty Trust reported $462.2M in revenue for Q2 2026, against a consensus estimate of $454.5M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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