Alexander’s delivered lower Q4 2025 results with declines in revenue, net income, and funds from operations, reflecting reduced profitability versus a strong prior-year quarter.
Alexander's, Inc. reported a decrease in net income and revenue for the third quarter of 2025 compared to the same period last year, while Funds From Operations (FFO) saw a slight increase. Net income was $6.0 million, down from $6.7 million, and revenue was $53.4 million, a decrease from $55.7 million. FFO, a key non-GAAP measure for REITs, increased to $14.9 million from $14.6 million.
Alexander's, Inc. reported a net income of $6.1 million for the second quarter of 2025, a decrease from $8.4 million in the prior year. Funds from Operations (FFO) also saw a decline, reaching $14.8 million compared to $17.0 million in Q2 2024. Revenues for the quarter were $51.6 million, down from $53.4 million in the same period last year.
Alexander's, a real estate investment trust with properties in New York City, experienced a decline in financial performance during the first quarter of 2025. Revenues, net income, and Funds from Operations (FFO) were all lower than in the first quarter of 2024.