SL Green Q1 net loss $1.20/share vs $0.30 loss; FFO $0.84, reaffirms 2026 guidance

SL GREEN REALTY CORP

2026-Q1 EPS reported -$1.20 revenue$253,080,000

Net loss attributable to common stockholders of $84.4M ($1.20/sh) vs loss of $21.1M ($0.30/sh) in Q1 2025.
FFO per share of $0.84, down from $1.40 in Q1 2025 (which included $0.33 from mortgage investment resolution); FY26 FFO guidance reaffirmed at $4.40-$4.70.
Signed 51 Manhattan office leases totaling 929k sq ft (record Q1); mark-to-market +16.1% on replacement leases.
Manhattan same-store cash NOI up 2.6% YoY; occupancy 94.4% (incl. signed leases) vs 93.0% prior quarter; targeting 95% by Dec 2026.
Entered contract to sell 7 Dey Street residential/retail for $222.6M, expected Q2 close; completed $1.65B One Madison refinancing at 5.81%.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SL GREEN REALTY CORP reported the quarter ended March 31, 2026 results: net income Net loss attributable to common stockholders of $1.20 per share, EPS $1.20 per share. Guidance reaffirmed.

Period: the quarter ended March 31, 2026
Net income: Net loss attributable to common stockholders of $1.20 per share
EPS: $1.20 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

SL Green Realty Corp. (the "Company") (NYSE: SLG) today reported a net loss attributable to common stockholders for the quarter ended March 31, 2026 of $84.4 million, or $1.20 per s hare, as compared to a net loss of $21.1 million, or $0.30 per share, for the same period in 2025.

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Source: SEC EDGAR

accession 0001628280-26-025419

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