---
schema_version: "secwatch.filing_event.v1"
accession: "0001541401-26-000026"
form_type: "8-K"
ticker: "ESBA"
cik: "0001553079"
company_name: "Empire State Realty OP, L.P."
filed_at: "2026-06-02T10:02:06+00:00"
generated_at: "2026-06-02T10:15:09.451251+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ESRT Q1 2026 net income plummets 81% YoY to $3.0M; presents at REITweek

## Summary
- Q1 2026 net income $3.0M, down 81% from $15.8M in Q1 2025.
- Same Store cash NOI (ex-observatory and termination fees) $74.2M, up 5.5% YoY from $70.3M.
- Adjusted EBITDA $80.3M vs $78.4M YoY, slight increase.
- Observatory NOI $10.6M in Q1 2026 vs $15.0M in Q1 2025, down 29%.
- Interest expense rose 4.4% to $28.1M; depreciation increased to $50.2M.

## SEC filing metadata
- accession: 0001541401-26-000026
- form_type: 8-K
- ticker: ESBA
- cik: 0001553079
- company_name: Empire State Realty OP, L.P.
- filed_at: 2026-06-02T10:02:06+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1553079/000154140126000026/0001541401-26-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1541401/000154140126000026/esrt-20260602.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001541401-26-000026
- JSON: https://secwatch.observer/filing/0001541401-26-000026.json
- Plain text: https://secwatch.observer/filing/0001541401-26-000026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.