SL Green Realty Corp. (SLG) SEC Filings & Earnings Calls
EquiReason read 13 SL Green Realty Corp. SEC filings in the last 12 months. Latest: 8-K on 2026-10-22 — SL Green raised FY2026 FFO guidance from $5.60-$5.90 to $6.50-$6.70 per share and net income guidance from $0.20-$0.50 to $0.40-$0.60 per share. Manhattan same-store cash NOI grew .
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 3.6B
- P/E TTM
- —
- Dividend yield
- 5.5%
- 52-week
- —
- Next earnings
- 26 Jan, in 94 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
22 Oct 20268-K · 2.02, 7.01SL Green raised FY2026 FFO guidance from $5.60-$5.90 to $6.50-$6.70 per share and net income guidance from $0.20-$0.50 to $0.40-$0.60 per share. Manhattan same-store cash NOI grew 5.0% QoQ, occupancy 95.0%, leasing spreads +13.6%.open
Figures in the filing · each found in the filing text
| Net income attributable to common stockholders per share (diluted) · Q3-2026 | $1.01 | +197% y/y |
| Funds from operations per share (diluted) · Q3-2026 | $1.59 | +1% y/y |
| Manhattan same-store cash NOI growth (excl. lease termination income) · Manhattan · Q3-2026 | 5.0% | |
| Manhattan same-store office occupancy (incl. leases signed not yet commenced) · Manhattan · Q3-2026 | 95.0% | |
| Total revenues · Q3-2026 | $273M | +12% y/y |
| Net income attributable to common stockholders · Q3-2026 | $72M | +190% y/y |
| FFO · Q3-2026 | $122M | +1% y/y |
| Average rent on signed Manhattan office leases · Manhattan · Q3-2026 | $105.75 | |
| Mark-to-market on replacement leases · Manhattan · Q3-2026 | 13.6% |
Guidance
FY2026 FFO guidance raised from $5.60-$5.90 per share to $6.50-$6.70 per share; FY2026 net income guidance raised from $0.20-$0.50 per share to $0.40-$0.60 per share
Significant guidance raise driven by incremental income from joint venture sale and strong operating performance, partially offset by higher interest rates.
Risks flagged
Higher interest rate environment impacting earnings; guidance raise includes $0.25 per share negative impact from higher rates.
“Guidance raise reflects $0.25 per share attributable to the higher interest rate environment.”
Net loss for nine months 2026 of $38.7M vs $7.3M loss prior year, driven by higher expenses and interest costs.
“Net loss attributable to common stockholders for nine months ended Sep 30, 2026 of $38.7 million vs $7.3 million loss for same period 2025.”
6 Aug 202610-QSL Green reported Q2-2026 results with rental revenue up 16% YoY but net loss widened.earningsopen
Figures in the filing · each found in the filing text
| Rental revenue, net · Q2-2026 | $192M | +16% y/y |
| Net loss · Q2-2026 | $-11M | +60% y/y |
| EPS diluted · Q2-2026 | $-0.38 | +138% y/y |
| Weighted average leased occupancy · Commercial properties · Q2-2026 | 94.2% | |
| Alternative Strategy Portfolio occupancy · Alternative Strategy Portfolio · Q2-2026 | 58.7% | |
| Investments in unconsolidated joint ventures · Q2-2026 | $2.85B | +9% y/y |
| Debt fund investments, at fair value · Q2-2026 | $379M | +148% y/y |
| Fee income · Q2-2026 | $19M | +59% y/y |
| Interest expense, net of interest income · Q2-2026 | $54M | +19% y/y |
| Equity in net income (loss) from unconsolidated joint ventures · Q2-2026 | $15M | -166% y/y |
Risks flagged
Interest rate risk
“Interest expense, net of interest income 54,011 45,318” · word for word
Alternative strategy portfolio stress
“Alternative Strategy Portfolio 58.7 %”
Net loss trend
“Net loss $ ( 10,891 ) $ ( 6,817 )” · word for word
23 Jul 20268-K · 2.02, 7.01FFO per share $1.43 (-12% y/y); net loss per share $-0.38; Manhattan same-store cash NOI growth 4.3; Guidance: FFO guidance raised from $4.40-$4.70 to $5.60-$5.90 per share; net income guidance raised from $(0.27)-$0.03 to $0.20-$0.50 per searningsopen
Figures in the filing · each found in the filing text
| FFO per share · Q2-2026 | $1.43 | -12% y/y |
| net loss per share · Q2-2026 | $-0.38 | |
| Manhattan same-store cash NOI growth · Manhattan · Q2-2026 | 4.3% | |
| Manhattan office occupancy · Manhattan · Q2-2026 | 94.7% |
Guidance
FFO guidance raised from $4.40-$4.70 to $5.60-$5.90 per share; net income guidance raised from $(0.27)-$0.03 to $0.20-$0.50 per share.
Significant guidance raise driven by higher NOI, incremental fees, and One Vanderbilt income.
Risks flagged
Net loss widened to $0.38 per share from $0.16; FFO decline YoY due to prior year one-time gain; commercial real estate market still uncertain.
“Net loss attributable to common stockholders of $0.38 per share as compared to net loss of $0.16 per share for the same period in 2025.” · word for word
1 May 202610-QRental revenue, net $187M (+15% y/y); SUMMIT Operator revenue $24M (+7% y/y); Net loss $-77Mopen
Figures in the filing · each found in the filing text
| Rental revenue, net · Real Estate · Q1-2026 | $187M | +15% y/y |
| SUMMIT Operator revenue · SUMMIT · Q1-2026 | $24M | +7% y/y |
| Net loss · Q1-2026 | $-77M | |
| Depreciable real estate reserves and impairments · Q1-2026 | $35M | |
| Acquisitions of real estate property · Q1-2026 | $664M | |
| Operating cash flow · Q1-2026 | $-18M |
Risks flagged
Office property impairment risk
“Depreciable real estate reserves and impairments $35,160 (2026) vs $8,546 (2025)”
Joint venture performance risk
“Equity in net (loss) income from unconsolidated joint ventures $(20,780) (2026) vs $1,170 (2025)” · word for word
22 Apr 2026DEF 14AProxy statement detailing executive compensation structure, pay-for-performance alignment, and governance changes.open
Figures in the filing · each found in the filing text
| FFO Per Share · FY2025 | $5.72 | |
| Funds Available for Distribution · FY2025 | $237M | |
| Manhattan Same Store Occupancy · Manhattan · FY2025 | 93.0% | |
| Manhattan Office Leasing Volume · Manhattan · FY2025 | 2,500,000 | |
| Discounted Debt Gains · FY2025 | $57M | |
| Special Servicing AUM · Special Servicing · FY2025 | $20.90B | |
| Strategic Acquisitions · FY2025 | $900M | |
| Strategic Dispositions · FY2025 | $715M | |
| One Madison Avenue Leased · One Madison Avenue · FY2025 | 93.3% | |
| Opportunistic Debt Fund Committed Capital · Opportunistic Debt Fund · FY2025 | $1.30B |
Risks flagged
TSR Underperformance
“TSR Performance of (29.04)%” · word for word
Same Store Cash NOI Decline
“Same Store Cash NOI of (2.0)%” · word for word
Casino License Denial
“Casino license was not granted” · word for word
SUMMIT Expansion Delay
“Second International Location Delayed” · word for word
6 Mar 20268-K · 1.01, 3.02SL Green issued 252,000 Series Y Preferred Units (5% annual distribution, $25/unit liquidation preference) as partial consideration for acquiring ownership interests in commercial real estate property.acquisitionopen
Figures in the filing · each found in the filing text
| Series Y Preferred Units issued · Q1-2026 | 252,000 | |
| liquidation preference per unit · Q1-2026 | $25.00 | |
| annual distribution rate · Q1-2026 | 5.0% |
Risks flagged
Preferred units increase fixed distribution obligations, potentially pressuring cash flow.
“Series Y Preferred Units provide for a fixed annual cash distribution of 5.00%” · word for word
17 Feb 202610-KConsolidated fixed-rate debt principal $3.68B; Consolidated variable-rate debt principal $369M; Joint venture fixed-rate debt principal $5.42Bopen
Figures in the filing · each found in the filing text
| Consolidated fixed-rate debt principal · FY2025 | $3.68B | |
| Consolidated variable-rate debt principal · FY2025 | $369M | |
| Joint venture fixed-rate debt principal · FY2025 | $5.42B | |
| Joint venture variable-rate debt principal · FY2025 | $482M |
Risks flagged
Interest rate exposure on floating-rate debt
“The table below presents the principal cash flows based upon maturity dates of our debt obligations and debt and preferred equity investments and the weighted-average interest rates by expected maturity dates” · word for word
29 Jan 20268-K · 2.02, 7.01Net loss per share $1.49; FFO per share $1.13 (-38% y/y); Same-store cash NOI change -3.4earningsopen
Figures in the filing · each found in the filing text
| Net loss per share · Q4-2025 | $1.49 | |
| FFO per share · Q4-2025 | $1.13 | -38% y/y |
| Same-store cash NOI change · Manhattan office · Q4-2025 | -3.4% | |
| Manhattan office occupancy · Manhattan office · Q4-2025 | 93.0% | |
| Leases signed · Manhattan office · Q4-2025 | 56 | |
| Leased square footage · Manhattan office · Q4-2025 | 766,783 | |
| Mark-to-market on leases · Manhattan office · Q4-2025 | 6.4% | |
| Net loss attributable to common stockholders · Q4-2025 | $105M | |
| FFO · Q4-2025 | $86M | -35% y/y |
Risks flagged
Same-store cash NOI decline indicates underlying operating weakness in core Manhattan office portfolio.
“Same-store cash NOI decreased 3.4% for Q4 2025.”
Earnings miss driven by lower gains on debt extinguishments and fair value adjustments, not core operations.
“FFO decline largely due to $26M gains on debt extinguishments in prior year vs none in current quarter.”
5 Dec 20258-K · 7.01, 8.01SL Green Realty Corp. provided FY2026 guidance: net loss per share $(0.27)-$0.03 and FFO per share $4.40-$4.70. Also announced a change from monthly to quarterly dividend payments starting FY2026.open
Figures in the filing · each found in the filing text
| Net (loss) income per share (diluted) · FY2026 | $-0.27 | |
| FFO per share (diluted) · FY2026 | $4.40 |
Guidance
FY2026 net loss per share $(0.27)-$0.03; FFO per share $4.40-$4.70
First-time FY2026 guidance provided; no prior guidance to compare for raise/cut.
Risks flagged
Guidance includes net loss per share, indicating potential earnings pressure.
“Net (loss) income per share guidance range $(0.27)-$0.03”
3 Nov 20258-K · 1.01, 3.02Series X Preferred Units issued 172,809; Liquidation preference per unit $25.00; Conversion price per common unit $80.00open
Figures in the filing · each found in the filing text
| Series X Preferred Units issued · Q4-2025 | 172,809 | |
| Liquidation preference per unit · Q4-2025 | $25.00 | |
| Conversion price per common unit · Q4-2025 | $80.00 | |
| Distribution rate · Q4-2025 | 3.0% |
Risks flagged
Dilution risk from potential conversion of preferred units to common stock
“Series X Preferred Units may be converted into common units and then redeemed for common stock” · word for word
3 Nov 202510-QSL Green reported Q3 2025 net income of $35.2M, a significant improvement from a net loss of $9.3M in Q3 2024, driven by gains on sale of joint venture interests.earningsopen
Figures in the filing · each found in the filing text
| Rental revenue, net · Real Estate · Q3-2025 | $169M | +7% y/y |
| SUMMIT Operator revenue · SUMMIT · Q3-2025 | $33M | -10% y/y |
| Net income (loss) · Q3-2025 | $35M | |
| Total revenues · Q3-2025 | $245M | +7% y/y |
| Interest expense, net of interest income · Q3-2025 | $47M | +12% y/y |
| Cash and cash equivalents · 2025-09-30 | $187M | |
| Weighted Average Leased Occupancy (Manhattan Office) · Real Estate · 2025-09-30 | 91.9% |
Risks flagged
Interest expense increase
“Interest expense, net of interest income $47,235 (2025) vs $42,091 (2024) for the three months ended September 30.”
SUMMIT revenue decline
“SUMMIT Operator revenue $32,883 (2025) vs $36,437 (2024) for the three months ended September 30.”
SL Green Realty Corp. — questions
- What did SL Green Realty Corp. file recently?
- 13 SEC filings in the last 12 months. Latest: 8-K on 2026-10-22 — SL Green raised FY2026 FFO guidance from $5.60-$5.90 to $6.50-$6.70 per share and net income guidance from $0.20-$0.50 to $0.40-$0.60 per share. Manhattan same-store cash NOI grew 5.0% QoQ, occupancy 95.0%, leasing spreads +13.6%.
Every figure on this page comes from SL Green Realty Corp.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.