Filing Flows › Tanger (SKT) › How it makes money
How Tanger (SKT) makes money
Tanger (SKT) made $158M of revenue in the third quarter 2026 (Q3 2026), +9% from a year earlier. Rental revenue brought in $149M (95%); Other revenue brought in $6.3M (4%); Management, leasing and other services brought in $2.3M (1%). Of every dollar of revenue, 22¢ was left as operating profit, 21¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Rental revenue | $149M | 94.5% | — | +9% |
| Other revenue | $6.3M | 4.0% | — | +15% |
| Management, leasing and other services | $2.3M | 1.5% | — | -6% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $158M | 100.0% |
| Operating profit | $35.0M | 22.2% |
| Net earnings | $33.6M | 21.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $158M | +9% |
| Q2 2026 | $156M | +11% |
| Q1 2026 | $150M | +11% |
| Q3 2025 | $145M | +9% |
| Q2 2025 | $141M | +9% |
| Q1 2025 | $135M | +10% |
From Tanger's 8-K filed Nov 4, 2026 (on EDGAR).
Questions
How does Tanger make money?
Tanger (SKT) made $158M of revenue in the third quarter 2026 (Q3 2026), +9% from a year earlier. Rental revenue brought in $149M (95%); Other revenue brought in $6.3M (4%); Management, leasing and other services brought in $2.3M (1%). Of every dollar of revenue, 22¢ was left as operating profit, 21¢ was left as net earnings.
What is Tanger's biggest business?
Rental revenue: $149M in the third quarter 2026, 95% of revenue, +9% from a year earlier.
What is Tanger's profit margin?
Net earnings were $33.6M, 21.3% of revenue, in the third quarter 2026; the operating margin was 22.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.