SL Green Realty

Q2 FY2026 EarningsFY26 Q2 results presented a significant beat on the top line with revenue of $264.0M vs. $191.9M expected, driven by the acquisition of Park Avenue Tower. While GAAP net loss of ($22.8M) was narrower than the expected ($38.9M), GAAP EPS of ($0.38) beat the consensus mean of ($0.54). Operating cash flow of $70.4M for the half-year suggests a slight trailing against the $78.8M quarterly expectation, but portfolio stabilization remains key with occupancy at 94.3%.