Filing Flows › Tanger (SKT) › Q3 2026 › vs Q3 2025
Tanger (SKT) Q3 2026 vs Q3 2025 (year over year)
Tanger's revenue rose $12.5M (+9%) from $145M in Q3 2025 to $158M in Q3 2026. The biggest changes: Rental revenue +$11.8M (+9%); Other revenue +$843K (+15%); Management, leasing and other services −$162K (-6%). Operating margin 22.2% against 20.1% (+2.1 pts).
Tanger, Q3 2026: revenue $158M (+9% year over year), operating margin 22.2%, net earnings $33.6M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 22.2% | 20.1% | +2.1 pts |
| Net margin | 21.3% | 22.1% | -0.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Rental revenue | $149M | $137M | $11.8M | +9% |
| Other revenue | $6.3M | $5.5M | $843K | +15% |
| Management, leasing and other services | $2.3M | $2.5M | −$162K | -6% |
| Revenue | $158M | $145M | $12.5M | +9% |
| Operating profit | $35.0M | $29.1M | $5.9M | +20% |
| Costs & expenses | $123M | $116M | $6.6M | +6% |
| Pre-tax earnings | $35.0M | $29.1M | $5.9M | +20% |
| General & admin | $20.5M | $18.6M | $1.9M | +10% |
| Other operating costs | $102M | $97.5M | $4.7M | +5% |
| Net earnings | $33.6M | $32.0M | $1.6M | +5% |
| Minority interests | $1.4M | $1.3M | $56K | +4% |
Questions
How much did Tanger's revenue grow year over year in Q3 2026?
Tanger's revenue rose $12.5M (+9%) from $145M in Q3 2025 to $158M in Q3 2026.
What drove Tanger's revenue change in Q3 2026?
Rental revenue +$11.8M (+9%); Other revenue +$843K (+15%); Management, leasing and other services −$162K (-6%).