Companies / SPG

Simon Property Group Inc. (SPG) financials and KPIs

Simon Property Group Inc. reported revenue of $6.36B for fiscal 2025, up 6.7% from fiscal 2024. Net income was $5.36B and free cash flow was $3.20B.

Annual results

Fiscal year20212022202320242025
Revenue$5.12B$5.29B$5.66B$5.96B$6.36B
Operating income$2.41B$2.58B———
Net income$2.57B$2.45B$2.62B$2.73B$5.36B
Cash from operations$3.64B$3.77B$3.93B$3.81B$4.14B
Free cash flow$3.11B$3.12B$3.14B$3.06B$3.20B

Quarterly results

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$1.48B$1.58B$1.47B$1.50B$1.60B$1.79B$1.76B$1.79B
Net income$546.67M$771.76M$477.86M$643.68M$702.70M$3.54B$568.53M$574.13M
Diluted EPS$1.46$2.04$1.27$1.70$1.86$9.35$1.48$1.49

Operating KPIs

As Simon Property Group Inc. reports them, quarter by quarter.

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Comparable property NOI growth5.4%4.5%3.4%4.7%5.1%5.1%6.7%8.3%
Ending Occupancy96.2%96.5%95.9%96%96.4%96.4%96%96%

Sources

Figures come from Simon Property Group Inc.'s SEC filings, by fiscal year and fiscal quarter as the company defines them. A dash means we hold no figure for that period that passed our checks. Some fourth quarters are the full year less the first nine months. Free cash flow is cash from operations less capital expenditures. Data as of 31 October 2026. This is not investment advice.

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