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SL Green Realty (SLG) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

SL Green Realty (SLG) reported revenue of $264M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +4% from the quarter before. Operating margin was 60.6%, net loss $10.9M (4.1% of revenue).

Revenue$264M
Year over year+9%
Quarter over quarter+4%
Operating margin60.6%
Net earnings−$10.9M

SL Green Realty, Q2 2026: revenue $264M (+9% year over year), operating margin 60.6%, net loss $10.9M, operating cash flow $88.0M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$264M+4%+9%
Operating profit$160M+10%+24%
Net earnings−$10.9M——
Operating cash flow$88.0M—+62%

What changed

Revenue was $264.0M in Q2 2026, up 9% year over year and up 4% from the previous quarter.

Operating profit was $159.9M, a 60.6% margin (up 7.1 points year over year). Of the extra revenue versus Q2 2025, 139% reached operating profit, above the 53% margin then. Total costs fell 8% while revenue rose 9%. The quarter ended with a net loss of $10.9M, narrower than the previous quarter's $77.4M loss. Net interest and other expense of $170.8M was the main reason.

Operating cash flow was $88.0M (up 62% year over year). Non-cash charges added back $67.3M of depreciation and amortization. Working capital and other items added $31.6M.

Questions

What was SL Green Realty's revenue in the second quarter 2026?

SL Green Realty (SLG) reported revenue of $264M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +4% from the quarter before.

Was SL Green Realty profitable in the second quarter 2026?

Operating profit was $160M (60.6% of revenue) and net loss $10.9M.

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Source: SL Green Realty 10-Q on SEC EDGAR.