SIMON PROPERTY GROUP INC. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Simon Property Group reported strong Q1 2026 revenue growth of 19.3% YoY to $1.76B, though operating margin contracted 6 percentage points to 43.4% amid significantly higher leverage with debt-to-equity of 6.85x.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue jumped 19.3% YoY to $1.757B in Q1 2026 from $1.473B in Q1 2025, suggesting meaningful contributions from acquisitions or new property additions alongside organic rent growth across SPG's premium outlet and mall portfolio.
Despite strong top-line growth, operating margin declined approximately 6 percentage points YoY to 43.4% from 49.4%, indicating that operating expenses grew faster than revenue — likely reflecting higher depreciation, interest costs, or integration expenses tied to expanded assets.
Total assets grew 22.0% YoY to $39.6B while stockholders' equity surged 86.5% YoY to $4.86B, reflecting substantial capital activity including potential equity issuances or retained earnings accumulation alongside the $3.5B increase in long-term debt.
Revenue
$1.76B
++19.29% YoY
EPS (Basic)
$1.48
++16.54% YoY
Operating Income
$762.16M
++4.75% YoY
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