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SL Green reports Q1 2026 loss of $1.20/share but strong leasing and confirms 2026 FFO guidance.

Company Fundamentals
15 Apr 2026
GlobeNewsWire
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Bearish
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SL Green Realty Corp. reported a net loss of $1.20 per share for Q1 2026, wider than the $0.30 loss in Q1 2025, mainly due to lower funds from operations (FFO) of $0.84 per share versus $1.40 last year. Despite the loss, the company achieved record first-quarter Manhattan office leasing of 929,264 sq ft with rents up 16.1% on renewed leases, and increased office occupancy to 94.4%. SL Green reaffirmed its 2026 FFO guidance range of $4.40 to $4.70 per share. The company also completed significant refinancing and asset sales, positioning for stable cash flow and growth opportunities.

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