Every 8-K that Vornado Realty Trust (VNO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow VNO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VNO filings page.
Vornado Realty Trust reported second-quarter 2026 revenue of $462.2 million, up modestly from $441.4 million a year earlier. Net income attributable to common shareholders was $16.4 million ($0.08 per diluted share) versus $743.8 million ($3.70 per share), largely reflecting the absence of an $803.2 million 2025 gain related to the 770 Broadway NYU master lease.
Funds From Operations attributable to common shareholders plus assumed conversions (non-GAAP) rose to $144.1 million, or $0.74 per diluted share, from $120.9 million, or $0.60. FFO, as adjusted, increased to $131.1 million ($0.67 per share) from $113.3 million ($0.56), driven by rent commencements, the NYU master lease contribution and variable businesses, partially offset by higher interest expense.
For the first half of 2026, Vornado recorded a net loss to common of $6.4 million versus income of $830.7 million in 2025, while FFO, as adjusted, was $234.2 million, flat per share at $1.19. Same store NOI at share increased 9.8% year over year in Q2 (New York up 11.9%), though 555 California Street declined. The company acquired a 49% interest in Park Avenue Plaza at a $1.1 billion valuation and bought 3 East 54th Street for $141 million, completed several large refinancings, repaid $400 million of 2026 senior notes and ended Q2 with total liquidity of $2.0 billion. A non-recourse loan on 888 Seventh Avenue remains under a forbearance agreement.
Vornado Realty Trust reported the results of its 2026 Annual Meeting of Shareholders. Holders of 178,437,939 common shares, about 95% of the 188,547,756 shares outstanding as of March 23, 2026, were present or represented by proxy.
Shareholders elected 10 nominees to the Board of Trustees for one-year terms, with each nominee receiving more votes for than withheld. They also ratified Deloitte & Touche LLP as independent registered public accounting firm for fiscal year 2026, approved a non-binding advisory resolution on executive compensation, and approved the Company’s 2026 Omnibus Share Plan.
Vornado Realty Trust reported weaker first quarter 2026 results, swinging to a net loss and lower cash flow from operations. Net loss attributable to common shareholders was $22.8 million, or $(0.12) per diluted share, versus net income of $86.8 million, or $0.43, a year earlier. Funds From Operations (FFO) attributable to common shareholders plus assumed conversions fell to $96.3 million, or $0.49 per diluted share, from $135.0 million, or $0.67. FFO, as adjusted, declined to $103.1 million, or $0.52 per diluted share, from $126.2 million, or $0.63, primarily reflecting higher net interest expense and the absence of a prior-period ground rent reversal.
The company remained active on capital allocation, repurchasing 2.75 million common shares for $79.8 million and authorizing a new $300 million repurchase program. Vornado agreed to acquire a 49% interest in Park Avenue Plaza at a $1.1 billion valuation and closed the $141 million purchase of 3 East 54th Street. It refinanced multiple Manhattan assets, issued $500 million of 5.75% senior notes due 2033, extended and upsized revolving credit facilities and an unsecured term loan, and reported total liquidity of $2.6 billion. Same store NOI at share increased 6.1% year over year, though cash-basis same store NOI at share declined 2.9%, with particular pressure at 555 California Street.
Vornado Realty Trust filed an update announcing its 2025 Sustainability Report, highlighting long-running environmental and ESG initiatives across its New York, Chicago, and San Francisco portfolios. The report focuses on energy efficiency, greenhouse gas reductions, certifications, waste diversion, water use, and tenant engagement.
Vornado reports a 42% reduction in landlord-controlled energy consumption in its in-service office portfolio versus a 2009 baseline, progressing toward a 50% cut by 2030. It has also reduced Scope 1 and Scope 2 market-based emissions by 58% from 2019, supported by renewable energy procurement and operational optimization.
The portfolio maintains 100% LEED certification across in-service managed office buildings and achieved 100% WELL Health-Safety certification. In 2025, more than 12.7 million square feet were ENERGY STAR certified, including ten properties with ENERGY STAR NextGen status, signaling strong ongoing performance.
Vornado reports a 56% waste diversion rate, including 2,563 metric tons of organic waste diverted from landfill, and targets 75% diversion by 2030. The company also emphasizes tenant education across more than 15 million square feet and describes district-level initiatives such as THE PENN DISTRICT’s transit-oriented redevelopment and new amenities like The Meadow at 1290 Avenue of the Americas.
Vornado Realty Trust reports stronger 2025 results with improved balance sheet and major leasing progress. Net income attributable to common shares rose to $842.9 million, $4.20 per diluted share, versus $8.3 million, $0.04 per share, a year earlier, largely reflecting gains and one-time items. Funds from Operations (FFO), as Adjusted, grew to $465.6 million, or $2.32 per diluted share, compared with $447.1 million, or $2.26 per share. Net Operating Income was $1,111.9 million, with same-store NOI up 5.4%.
The company leased 4.7 million square feet in 2025, including 3.7 million square feet in New York office at average starting rents of $98 per square foot. At PENN 2, Vornado has leased over 1.4 million square feet since project inception, reaching 80% occupancy and increasing the projected incremental cash yield to 11.6%. PENN 1 has 177,000 square feet of vacancy left plus additional first-generation lease roll to drive future income.
Vornado highlights capital markets activity and lower leverage. Net debt fell to $7.96 billion, and net debt/EBITDA, as adjusted, improved to 7.7x from 8.6x. Immediate liquidity totals $2.6 billion, and the company reports approximately $10 billion of unencumbered assets. The letter also details ongoing development projects, a single annual cash dividend of $0.74 per share for 2025, and continued share repurchases under a $200 million buyback authorization.
Vornado Realty Trust reported mixed fourth-quarter and strong full-year 2025 results driven by large one-time gains. Q4 net income attributable to common shareholders was $601,000, or $0.00 per diluted share, while FFO was $112.9 million, or $0.56 per diluted share, slightly below the prior year’s quarter.
For 2025, net income attributable to common shareholders jumped to $842.9 million, or $4.20 per diluted share, from $8.3 million, largely due to an $803.2 million gain from the 770 Broadway master lease with NYU, a $76.2 million gain from the 666 Fifth Avenue UNIQLO sale, and a $17.2 million PENN 1 ground rent reversal.
Full-year FFO attributable to common shareholders plus assumed conversions was $486.8 million, or $2.42 per diluted share, compared with $470.0 million, and FFO as adjusted rose to $465.6 million, or $2.32 per diluted share. Same store NOI at share increased 5.4%, though cash-basis same store NOI declined 5.5%.
The company executed sizable capital recycling and financing, including acquiring 3 East 54th Street for $141 million and 623 Fifth Avenue for $218 million, multiple refinancings and a $500 million 5.75% senior notes offering due 2033. It declared a $0.74 common dividend for 2025 and repurchased 1.46 million shares for $51.0 million, with additional buybacks after year-end.
Vornado Realty L.P., the operating partnership of Vornado Realty Trust, issued and sold $500,000,000 aggregate principal amount of 5.750% Notes due 2033 in an underwritten debt offering under an effective shelf registration statement. The partnership entered into an underwriting agreement with BofA Securities, PNC Capital Markets, U.S. Bancorp Investments and Wells Fargo Securities as representatives of the underwriters. As of September 30, 2025, Vornado Realty Trust was the sole general partner and owned approximately 91.5% of the common limited partnership interests in Vornado Realty L.P.
Vornado Realty L.P., the operating partnership of Vornado Realty Trust, amended and extended key credit agreements to push out debt maturities and adjust capacity. The company extended one revolving credit facility’s final maturity from December 2027 to February 2031, with available borrowing reduced from $1.25 billion to $1.105 billion, at a current rate of Term SOFR plus 105 basis points and a 25 basis point facility fee that can move slightly based on sustainability thresholds.
Vornado also extended its term loan maturity from December 2027 to February 2031 and increased the loan amount from $800 million to $850 million, with interest at Term SOFR plus 120 basis points and a small sustainability-based rate adjustment feature. In addition, the commitment under another unsecured revolving credit facility maturing in April 2029 was increased from $915 million to $1.0 billion, at Term SOFR plus 116 basis points and a 24 basis point facility fee. These facilities include standard covenants limiting leverage and requiring minimum coverage ratios, as well as customary events of default that can lead to acceleration.
Vornado Realty Trust furnished an 8-K announcing it issued a press release with financial results for the third quarter of 2025. The release and related supplemental operating and financial data are provided as Exhibits 99.1 and 99.2 and are incorporated by reference.
The Company states that Exhibits 99.1 and 99.2 are being furnished, not filed, under the Exchange Act’s Section 18. The supplemental data is also available on the Company’s website. The filing lists the Company’s common and preferred share listings on the New York Stock Exchange and includes the required signatures dated November 3, 2025.