Simon Property (SPG) Net Income (2009 - 2026)
Simon Property's Net Income came in at $568.54 million for Q1 2026, up 19.0% from $477.86 million a year earlier but down 83.9% from the prior quarter.
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Analysis
Simon Property (SPG) Net Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Simon Property reported Net Income of $5.45 billion, up 130.6% year-over-year; for FY2025, it came in at $5.36 billion, up 96.6% from FY2024.
- Net Income has increased in each of the last three years, with a five-year compound annual growth rate of 33.2% (FY2020 to FY2025).
- Going back by year, Net Income was $2.73 billion in FY2024 (+4.3%), $2.62 billion in FY2023 (+6.7%), $2.45 billion in FY2022 (-4.5%) and $2.57 billion in FY2021 (+101.1%).
- The five-year range for quarterly Net Income is $477.86 million (Q1 2025) to $3.54 billion (Q4 2025).
- Year-over-year, Net Income has increased for four consecutive quarters, with growth averaging 43.5% over the last eight quarters.
- The fastest year-over-year change in Net Income over five years came in Q3 2021 (growth of 361.7%), and the weakest in Q1 2025 (a decline of 43.2%).
- Business Quant data shows SPG's Net Income at $3.54 billion (Q4 2025), $702.7 million (Q3 2025) and $643.68 million (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.27 Bn | 144.76 Bn | 1.39 Bn | 462.98 Mn |
| 2 | Prologis | 123.38 Bn | 118.42 Bn | - | 1.12 Bn |
| 3 | Simon Property | 64.69 Bn | 60.54 Bn | - | 568.54 Mn |
| 4 | Realty Income | 51.11 Bn | 49.33 Bn | - | 370.51 Mn |
| 5 | Public Storage | 50.26 Bn | 49.25 Bn | - | 502.94 Mn |
| 6 | Ventas | 40.91 Bn | 39.60 Bn | - | 72.22 Mn |
| 7 | Extra Space Storage | 28.00 Bn | 28.00 Bn | 642.43 Mn | 275.88 Mn |
| 8 | Vici Properties | 24.79 Bn | 22.91 Bn | 1.05 Bn | 535.31 Mn |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | 117.74 Mn |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - | 66.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 568.54 Mn |
| Dec 31, 2025 | 3.54 Bn |
| Sep 30, 2025 | 702.70 Mn |
| Jun 30, 2025 | 643.68 Mn |
| Mar 31, 2025 | 477.86 Mn |
| Dec 31, 2024 | 771.76 Mn |
| Sep 30, 2024 | 546.67 Mn |
| Jun 30, 2024 | 569.44 Mn |
| Mar 31, 2024 | 841.16 Mn |
| Dec 31, 2023 | 859.50 Mn |
| Sep 30, 2023 | 680.76 Mn |
| Jun 30, 2023 | 557.51 Mn |
| Mar 31, 2023 | 519.26 Mn |
| Dec 31, 2022 | 772.75 Mn |
| Sep 30, 2022 | 621.85 Mn |
| Jun 30, 2022 | 569.48 Mn |
| Mar 31, 2022 | 488.31 Mn |
| Dec 31, 2021 | 573.73 Mn |
| Sep 30, 2021 | 778.65 Mn |
| Jun 30, 2021 | 705.87 Mn |
API Access
Simon Property Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=SPG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "SPG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();