Simon Property Group Q2 FY26 earnings

Revenue $1.79B, up 19.5% on a year earlier. Management fees and other revenues $40.83M, up 7.7%. Diluted EPS $1.49 against $1.70.

The results

Q2 FY26Q1 FY26Q2 FY25Year over year
Revenue$1.79B$1.76B$1.50B+19.5%
Operating income$824.10M$762.16M$744.20M+10.7%
Net income$574.13M$568.53M$643.68M-10.8%
Diluted EPS$1.49$1.48$1.70
Operating cash flow$1.20B$833.38M$1.22B-1.6%
Capital expenditures-$236.89M-$208.40M-$244.02M
Free cash flow$958.67M$624.98M$971.31M-1.3%
Dividend per share$2.25$2.20$2.10

KPIs this quarter

Q2 FY26Q2 FY25Year over year
Management fees and other revenues$40.83M$37.93M+7.7%
Ending Occupancy96%96%
Comparable property NOI growth8.3%4.7%

Sources

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Stock Atlas, “Simon Property Group (SPG) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/SPG/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.